Zip 72903 (Fort Smith, AR) Housing

Housing in 72903 Fort Smith, AR is a great investment opportunity. The median value of a home in the area is $201,000, significantly lower than the US median value of $338,100. Additionally, the one year house appreciation rate in 72903 is 13.61%, which is higher than the national average of 8.27%. Investing in Fort Smith real estate can be an attractive prospect for buyers looking to get more bang for their buck.

The median home cost in Fort Smith (zip 72903) is $201,000. Home appreciation the last 10 years has been 65.3%. Home Appreciation in Fort Smith (zip 72903) is up 18.5%.

Average Age of Homes

- The median age of Fort Smith (zip 72903) real estate is 39 years old

The Rental Market in Fort Smith (zip 72903)

- Renters make up 38.8% of the Fort Smith (zip 72903) population
- 3.5% of houses and apartments in Fort Smith (zip 72903), 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
	12,034.0	139,647,020.0
	42	42
	$201,000	$338,100
	18.5%	16.6%
	56.0%	57.0%
	65.3%	101.1%
	$7.04	$10.98
	$1,274	$2,690
	46.4%	57.4%
	8.4%	11.2%
	45.2%	31.4%
Vacant Housing
	3.5%	1.9%
	0.6%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	0.9%	2.4%
	0.4%	2.8%
	3.5%	3.9%
	6.8%	4.5%
	21.0%	11.3%
	22.7%	13.0%
	23.2%	20.1%
	7.5%	13.6%
	6.9%	8.3%
	2.3%	9.7%
	1.9%	3.9%
	0.7%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	9.2%	13.6%
	24.2%	13.2%
	28.0%	14.8%
	9.2%	13.6%
	9.9%	10.0%
	1.9%	4.7%
	1.5%	12.2%

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