Is now a good time to buy or sell in Fort Smith AR

If you’ve been keeping an eye on the real estate market here in Fort Smith, you might be wondering: is now the right time to buy or sell a home? The short answer is — it depends on your personal goals, but there’s plenty happening in our local market that makes this an interesting time for both buyers and sellers. Let’s break it down.

📈 What’s Happening in the Fort Smith Market Right Now?

Like many areas, Fort Smith has seen its fair share of market shifts over the past couple of years. Interest rates have ticked up compared to the historic lows we enjoyed in 2020-2021, but inventory remains relatively tight — meaning well-priced homes are still moving quickly.

As of spring 2025:

• Home values have stabilized after rapid growth, creating a more balanced playing field for buyers and sellers.

• Days on market are slightly longer than a year ago, giving buyers a bit more breathing room.

• Multiple offer situations still happen for move-in ready homes in desirable areas, but it’s not as frantic as it was during the peak.

🏡 Should You Sell Your Home Now?

If you’ve been considering selling, now could be a smart time — especially if:

• You’re ready to downsize, relocate, or cash in on the equity you’ve built.

• Your home is in good condition and move-in ready (those properties are still seeing strong interest).

• You want to take advantage of the current pool of motivated buyers before interest rates potentially shift again.

While we’re not in the same ultra-competitive seller’s market as recent years, homes that are priced well and properly marketed are still commanding solid offers.

🔑 Is It a Good Time to Buy in Fort Smith?

For buyers, the market presents new opportunities:

• Less competition means you’re less likely to be caught in a bidding war.

• Negotiation is back on the table — whether it’s for closing costs, repairs, or a better deal.

• More inventory options compared to recent years give you a little more choice.

Yes, mortgage rates are higher than they were a couple of years ago, but many buyers are finding creative financing options and incentives from sellers. Plus, remember: you can always refinance down the road if rates drop.

📊 What’s the Bottom Line?

The best time to buy or sell a home is when it makes sense for you and your family — but understanding where the market stands can help you make a more informed decision.

If you’re curious about your home’s current value, what’s available in your price range, or what strategies might work best in today’s market, it’s a great time to connect with a local real estate professional who knows Fort Smith inside and out.

Thinking about making a move? I’d love to help you navigate your options and make a plan that fits your goals. Reach out anytime:

📞 Christie Paxton
📱 918.448.1484
📧 cpaxton@kw.com