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Foreclosure Homes in Fort Smith, AR 72901

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Fort Smith, AR Foreclosures

How much do homes sell for in Fort Smith, AR?
The average home price is currently $221,874.
In Fort Smith, AR, how many homes are available?
There are currently 50 active home listings available in Fort Smith.
What’s the average rental cost in Fort Smith, AR?
The average rental price in Fort Smith is $986.
What is the most expensive home in Fort Smith?
The most expensive home sold in Fort Smith had a price of $20,727,600.
What is currently the cheapest priced home in Fort Smith, AR?
The cheapest home for sale in Fort Smith is priced at $10,064.

Living in Fort Smith, AR

Fort Smith, AR, is a city rich in history and outdoor activities. With a lively community atmosphere and plenty of amenities, it offers a variety of recreational options, cultural events, and educational opportunities. The city's convenient location along the Arkansas River enhances its appeal, making it an inviting place to call home.

Current Market Conditions in Fort Smith, AR

The Fort Smith real estate market is experiencing growth, with an increase in average home prices over the last year. The demand for housing has been steady, fueled by an influx of new residents attracted by the region's economic opportunities and lifestyle offerings. This has led to more new constructions and a competitive market for potential buyers.

Home sales in Fort Smith have shown resilience, with an upward trend in property values as the area continues to develop. Meanwhile, inventory levels have started to stabilize, providing more options for buyers looking to invest in this growing community.

Home Value Estimator For Fort Smith, AR

There are currently 29,929 real estate properties in Fort Smith, AR, with a median automated valuation model (AVM) price of $171,998.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fort Smith, AR, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fort Smith, AR, is $221,874.00, with the most expensive house in Fort Smith, AR, topping out at $20,727,600.00 and the cheapest home in Fort Smith, AR, clocking in at $10,064.00. In other words, there’s something for every potential homebuyer or savvy investor in Fort Smith, AR!

Rent Prices In Fort Smith, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fort Smith, AR, is on a rollercoaster ride. The average rent price in Fort Smith, AR, is $986.00. Indeed, when looking to rent in Fort Smith, AR, you can expect to pay as little as $420.00 or as much as $3,280.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Fort Smith, AR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Fort Smith, AR 72901 Foreclosures

Market Trend for Fort Smith, AR

Total Listings Available: 50

Market Values:

Home Prices from $10,064 to $20,727,600

Average Sales Price: $221,874

Rental Values:

Rental from $420 to $3,280

Average Rent Value: $986 / month

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