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FORT SMITH, AR 72903

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The FORT SMITH, AR real estate market (72903) currently shows 115 active listings, with 4 pending sales. Homes are averaging 98 days on the market before going under contract.

Inventory has increased compared to last year, with 42 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 98 days on market compared to 92 days last year.

The median listing price has fallen 10.4% year-over-year, from $359,600 to $322,250.

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
115
⇧ 57.5% vs 73 last year
Pending
4
3% pending ratio
Median Price
$322,250
⇩ 10.4% vs $359,600 last year
Average Price
$451,375
⇩ 7.8% vs $489,453 last year
Days on Market
98
⇧ 6.5% vs 92 days last year

Price Per Square Foot

Median $/sqft
$139
⇧ 3.7% vs $134/sqft last year
Median Home Size
2,481 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 115 this year vs 73 last year
  • Days on market: 98 now vs 92 last year

Median & Average Pricing

Year over Year
  • Median: $322,250 (-10.4% YoY)
  • Average: $451,375 (-7.8% 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 21.3 miles — 332 listings ($121,050,684 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
72903Fort Smith, AR 729030.0 mi112$49,698,320$319,000$443,735
72908Fort Smith, AR 729084.3 mi51$17,200,260$315,000$337,260
72923Barling, AR 729235.0 mi35$11,724,790$310,000$334,994
74901Arkoma, OK 749016.5 mi4$579,916$122,998$144,979
74954Roland, OK 749548.5 mi24$5,873,424$202,800$244,726
72941Lavaca, AR 7294111.2 mi27$8,848,116$312,450$327,708
72936Greenwood, AR 7293613.4 mi54$19,024,740$319,900$352,310
72937Hackett, AR 7293715.0 mi8$2,562,224$295,000$320,278
72935Dyer, AR 7293516.1 mi4$1,117,120$169,000$279,280
74932Cameron, OK 7493217.3 mi6$1,685,874$236,250$280,979
72932Cedarville, AR 7293217.5 mi5$1,947,400$310,000$389,480
72930Cecil, AR 7293020.6 mi1$549,500$549,500$549,500
74951Panama, OK 7495121.3 mi1$239,000$239,000$239,000

Frequently Asked Questions

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

As of February 2026, there are 115 active listings in FORT SMITH, AR (zip code 72903), compared to 73 the prior year.

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

The median listing price in FORT SMITH, AR 72903 is $322,250 as of February 2026, a 10.4% decrease from $359,600 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 98 days on the market before going under contract, compared to 92 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 February 2026, FORT SMITH, AR 72903 is currently a Buyer's Market. Inventory has increased compared to last year, with 42 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 98 days on market compared to 92 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 $6,445 compared to a typical 5% commission on the median listing price of $322,250. 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.