ZIP Code Market Report
72903 — Fort Smith, AR
Data through February 2026 · Updated monthly
Avg Home Value
$237,949
▲ 3.1% year-over-year
Month-over-Month
-0.7%
▼ 0.7%
Single Family
$237,035
Condo / Co-op
--
The average home value in the 72903 ZIP code (Fort Smith, Arkansas) is $237,949 as of February 2026. Home prices are rising, up 3.1% compared to last year.
A 3-bedroom home in 72903 is valued at $217,978.
The market in 72903 has a $211,518 spread between bottom-tier homes at $160,903 and top-tier homes at $372,421. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 72903 ZIP code will increase 0.7% over the next 12 months, bringing the projected average to approximately $239,615. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Crawford County market area in Arkansas. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Crawford County report.
Free Home Value Estimate
What's your home worth in 72903 (Fort Smith)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
72903 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $240,417 | $239,548 | $237,949 | ▼ 1.0% |
| Single Family Value | $234,067 | $235,795 | $237,035 | ▲ 1.3% |
Home Values
72903 Home Value Trend
Historical home values for ZIP code 72903. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 72903
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $147,421 |
| 3 Bedrooms | $217,978 |
Property Types
Home Values by Property Type in 72903
How different property types compare in this ZIP code.
All Homes
$237,949
Single Family
$237,035
Bottom Tier
$160,903
Top Tier
$372,421
Forecast
12-Month Home Value Forecast for 72903
Zillow projects home values in 72903 will increase 0.7% over the next year, reaching approximately $239,615.
Current Value
$237,949
Projected Change
+0.7%
▲ 0.7%
Projected Value
$239,615
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 72903 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Fort Smith?
Run your ARV and MAO instantly with live market data