Why Live in Fort Smith
Fort Smith's rich frontier heritage comes alive at the Fort Smith National Historic Site, where visitors can explore two preserved 19th-century military forts and walk the Trail of Tears overlook. The city's cultural scene flourishes through The Unexpected Project's striking downtown murals and regular performances at the Fort Smith Little Theatre. Outdoor recreation spans 30 parks, including Ben Geren Regional Park with its golf courses and trail system. The Arkansas Riverwalk provides scenic paths along the water, while Creekmore Park delights families with its seasonal Creekmore Express Train.
The Fort Smith housing market features diverse options across distinct neighborhoods. Single-family homes in upscale Fianna Hills command a median price of $313,500, while historic Downtown Fort Smith homes have a median price of $151,300. The Massard area, known for newer construction, shows a median price of $234,000. Citywide, the median single-family home price sits at $225,000, with townhomes at $262,500. One-bedroom condos have a median price of $113,800, while two-bedroom units reach $185,000.
Property taxes in Fort Smith remain competitive at 0.65% for Sebastian County, comparing favorably to nearby Van Buren at 0.53%. The combined sales tax rate totals 9.46%, including a 6.50% state rate and 2.96% local rate. The education system includes several highly rated schools such as East Hills Middle School and Southside High School, both earning A ratings. The University of Arkansas Fort Smith adds higher education opportunities. Public transportation includes Fort Smith Transit bus service and the Fort Smith Regional Airport connecting to major hubs. The local economy thrives on manufacturing, healthcare, and transportation sectors, with major employers including ArcBest Corporation and OK Foods.
Home Trends in Fort Smith, AR
On average, homes in Fort Smith, AR sell after 62 days on the market compared to the national average of 50 days. The median sale price for homes in Fort Smith, AR over the last 12 months is $212,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$212,000
Median Single Family Sale Price
$225,000
Median Townhouse Sale Price
$356,926
Median 2 Bedroom Sale Price
$185,000
Median 1 Bedroom Sale Price
$113,750
Average Price Per Sq Ft
$129
Number of Homes for Sale
310
Last 12 months Home Sales
991
Median List Price
$239,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
3%