56Alpha

Fort Smith, AR metro area Housing Market Brief

metro · AR · score computed October 2026

Balanced

What is Fort Smith, AR metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●55
Inventory Health25%
●37

Population band 4 of 5 (population 112,714–277,881) · comparable within its band

Affordability20%
●64
Economic Strength20%
-4.863
Rental Yield15%
●66

Where is Fort Smith, AR metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Fort Smith, AR metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Fort Smith, AR metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Fort Smith, AR metro area housing market data

MetricValueYoYSource
Median Sale Price$232K▲ +5.7%Redfin
Median Days on Market64 days▼ -1.5%Realtor.com via FRED
Months of Supply4.5▲ +7.1%Redfin
Homes for Sale1,016▲ +5.4%Redfin
Homes Sold227▼ -2.2%Redfin
Median Price / Sq Ft$142▲ +5.3%Redfin

How has Fort Smith, AR metro area’s Alpha Score moved?

Now: 56
2-period trend
Median sale price · 12 mo

Markets like Fort Smith, AR metro area

Frequently asked questions

Is Fort Smith, AR metro area a buyer's or seller's market?

In the scores computed October 2026, Fort Smith, AR metro area is classified as a Balanced Market, based on its Alpha Score of 56 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Fort Smith, AR metro area?

The median sale price in Fort Smith, AR metro area is $232K, having risen 5.7% over the past year, according to Redfin.

How affordable is Fort Smith, AR metro area?

Fort Smith, AR metro area scores 64 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Fort Smith, AR metro area's Alpha Score?

Fort Smith, AR metro area's strongest dimension is Rental Yield (66/100) and its weakest is Inventory Health (37/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Fort Smith, AR metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.