The housing market in 72908 Fort Smith, AR is on the rise. The median housing value is $192,100, which is significantly lower than the national median of $338,100. In the past year, the appreciation rate of homes in this area has been 13.61%, which is much higher than the national rate of 8.27%. This makes 72908 an attractive option for potential homebuyers looking to invest in a growing market at an affordable price point.
The median home cost in Fort Smith (zip 72908) is $192,100. Home appreciation the last 10 years has been 65.3%. Home Appreciation in Fort Smith (zip 72908) is up 18.5%.
Average Age of Homes
- The median age of Fort Smith (zip 72908) real estate is 34 years old
The Rental Market in Fort Smith (zip 72908)
- Renters make up 31.9% of the Fort Smith (zip 72908) population
- 1.3% of houses and apartments in Fort Smith (zip 72908), 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.