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FORT SMITH, AR 72903

Real Estate Market Report  ·  Sebastian County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The FORT SMITH, AR real estate market (72903) currently shows 104 active listings, with 3 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 73 days on market compared to 58 days last year.

The median listing price has fallen 8.5% year-over-year, from $346,125 to $316,750.

Whether you are buying or selling in FORT SMITH, AR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 25,696  ·  Density: 612.3/mi²  ·  Median household income: $58,498

Typical home value: $214,126  ·  Homeownership: 52.3%

Market Overview

Active Listings
104
⇧ 11.8% vs 93 last year
Pending
3
3% pending ratio
Median Price
$316,750
⇩ 8.5% vs $346,125 last year
Average Price
$447,093
⇩ 7.5% vs $483,363 last year
Days on Market
73
⇧ 25.9% vs 58 days last year

Price Per Square Foot

Median $/sqft
$137
⇩ 0.7% vs $138/sqft last year
Median Home Size
2,477 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 104 this year vs 93 last year
  • Days on market: 73 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $316,750 (-8.5% YoY)
  • Average: $447,093 (-7.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.9 miles — 349 listings ($126,036,069 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
72903Fort Smith, AR 729030.0 mi115$51,908,125$322,250$451,375
72908Fort Smith, AR 729084.3 mi47$15,484,855$308,894$329,465
72923Barling, AR 729235.0 mi31$9,621,780$330,375$310,380
74901Arkoma, OK 749016.5 mi4$585,332$136,250$146,333
74954Roland, OK 749548.5 mi23$5,630,745$201,000$244,815
72941Lavaca, AR 7294111.2 mi25$8,824,150$355,850$352,966
72936Greenwood, AR 7293613.4 mi54$17,737,272$291,500$328,468
72937Hackett, AR 7293715.0 mi10$3,025,000$287,250$302,500
72935Dyer, AR 7293516.1 mi3$982,224$218,625$327,408
74932Cameron, OK 7493217.3 mi7$2,092,342$265,000$298,906
72932Cedarville, AR 7293217.5 mi4$1,776,284$288,750$444,071
72933Charleston, AR 7293319.6 mi20$5,641,560$206,200$282,078
74936Gans, OK 7493620.9 mi6$2,726,400$249,000$454,400

Frequently Asked Questions

How many homes are for sale in FORT SMITH, AR 72903?

As of April 2026, there are 104 active listings in FORT SMITH, AR (zip code 72903), compared to 93 the prior year.

What is the median home price in FORT SMITH, AR 72903?

The median listing price in FORT SMITH, AR 72903 is $316,750 as of April 2026, a 8.5% decrease from $346,125 the prior year.

How long do homes stay on the market in FORT SMITH, AR?

Homes in FORT SMITH, AR 72903 spend an average of 73 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in FORT SMITH, AR 72903?

Based on current inventory and days-on-market data as of April 2026, FORT SMITH, AR 72903 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 73 days on market compared to 58 days last year.

How much can I save on real estate commission in FORT SMITH, AR?

With SELL123.com's maximum 3% commission, sellers in FORT SMITH, AR 72903 save an estimated $6,335 compared to a typical 5% commission on the median listing price of $316,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.