55Alpha

Fort Smith, AR metro area Housing Market Brief

metro · AR · as of August 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%
+7.439
Inventory Health25%
+8.948
Affordability20%
+4.070
Economic Strength20%
59
Rental Yield15%
-3.461

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?

Our model forecasts Fort Smith, AR metro area’s home prices to rise about 4.9% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Fort Smith, AR metro area housing market data

MetricValueYoY
Median Sale Price$219K-2.5%
Median Days on Market67 days▲ +11.7%
Months of Supply3.7-7.5%
Homes for Sale943-0.5%
Homes Sold265▲ +7.3%
Median Price / Sq Ft$137▲ +3.1%

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

Now: 55
12-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?

As of August 2026, Fort Smith, AR metro area is classified as a Balanced Market, based on its Alpha Score of 55 out of 100. The classification reflects current price, inventory, 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 $219K, having fallen 2.5% over the past year.

How affordable is Fort Smith, AR metro area?

Fort Smith, AR metro area scores 70 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 Affordability (70/100) and its weakest is Price Momentum (39/100). 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.