Homes for Sale Under 200K in Fort Smith, AR

21 Homes

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Fort Smith, AR Housing Market Overview

Fort Smith's housing market is evenly balanced between buyers and sellers. This creates fair negotiating conditions for both parties. With a 4.9-month supply of homes and properties spending 83 days on the market on average, both buyers and sellers have equal opportunity to achieve favorable outcomes.

Status

Balanced Market

Days on Market

83

Inventory

21

Jul 2021Feb 2024Mar 2026

Median Home Price

$196,000Up 0.10%

In Mar 2026 · YoY

Jul 2021Feb 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Supply

Homes For Sale
21 Up 0.24%
Newly Listed Homes
111 Down 0.06%
Months of Supply
4.9 Up 1.20%

Demand

Homes Sold
73 Down 0.00%
Sale-to-List Ratio
98.2% Up 1.43%
Homes Sold Above List
15.1% Down 1.39%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Fort Smith Market Report
  • mls-img
    Based on information from the Northwest Arkansas Board of REALTORS® through Aug 30, 2026, 2:45 AM. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information deemed reliable but not guaranteed. ©2026 Northwest Arkansas Board of REALTORS®. All Rights Reserved.

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Fort Smith, AR Housing Marketlink qauare
Homes Available icon

21

Homes Available

Median List Price icon

$ 196,000

Median List Price

Avg on Market icon

83 Days

Avg on Market

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