Fort Smith Metro Area, AR Housing

The housing market in the Fort Smith, AR Metro Area is thriving. The median value of housing in the area is $159,900 and has seen an annual appreciation rate of 15.90%, higher than the national average of 8.27%. This makes it a desirable location for those looking to invest or buy a home. With its higher appreciation rate, it promises to be an excellent investment opportunity with potential for significant gains over time.

The median home cost in Fort Smith Metro Area is $159,900. Home appreciation the last 10 years has been 64.7%. Home Appreciation in Fort Smith Metro Area is up 17.8%.

Average Age of Homes

- The median age of Fort Smith Metro Area real estate is 36 years old

The Rental Market in Fort Smith Metro Area

- Renters make up 27.8% of the Fort Smith Metro Area population
- 2.2% of houses and apartments in Fort Smith Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fort Smith, Arkansas	United States
	108,011.0	139,647,020.0
	38	42
	$159,900	$338,100
	17.8%	16.6%
	54.2%	57.0%
	64.7%	101.1%
	$6.60	$10.98
	$827	$2,690
	58.6%	57.4%
	11.4%	11.2%
	29.9%	31.4%
Vacant Housing
	2.2%	1.9%
	0.2%	0.4%
	0.9%	0.7%
	0.3%	0.4%
	1.5%	3.6%
	6.4%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	4.7%	2.4%
	6.9%	2.8%
	10.4%	3.9%
	12.1%	4.5%
	21.9%	11.3%
	15.7%	13.0%
	14.0%	20.1%
	6.0%	13.6%
	1.9%	8.3%
	1.4%	9.7%
	0.8%	3.9%
	0.4%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	13.8%	13.6%
	13.8%	13.6%
	15.7%	13.6%
	17.1%	13.2%
	17.9%	14.8%
	15.7%	13.6%
	8.1%	10.0%
	4.7%	4.7%
	4.7%	12.2%

Reviews for Fort Smith

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Joshua · Gans, OK

An improving city...

Over 7 years ago

For those who haven't lived in Fort Smith in a few years, they may be surprised to see all the improved cultural amenities. The city has an amphitheater on the river More