The story of this market
The typical home in ZIP 72901 sells for about $156,200, or $130 per square foot.
Prices are down 1.5% from a year ago, which gives buyers more room to negotiate. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 72901 — Fort Smith
The 72901 housing market is currently balanced with a median listing price of $156,200. Market activity is steady, though the area faces higher-than-average poverty rates and a high renter share. Figures for closed sales and months of supply are not currently published at the ZIP level.
This ZIP is well-suited for renters and budget-conscious buyers seeking an accessible entry point into the Fort Smith housing market.
Median prices moved down 1.5% year over year.
Homes spend a median of 88 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 97.32% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.8% · poverty 26.1% — a mixed stability profile.
ZCTA 72901, Arkansas
The area features a mix of urban residential and commercial zones with proximity to the Fort Smith metro employment core.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arkansas) — Arkansas Disabled Veteran Total Property Tax Exemption: Provides a 100% exemption from all ad valorem real property taxes on the principal homestead. Formula: Net Ad Valorem Tax Due = $0.00. State (Arkansas) — Arkansas Senior and Disabled Assessment Freeze: Freezes the assessed taxable value of the homestead at the prevailing assessed value at the time the owner becomes eligible or purchases the property. State (Arkansas) — Arkansas State Homestead Property Tax Credit: Provides a direct reduction against ad valorem property taxes up to $350.00 (increased to $350 by Act 655 of 2009; further statutory increases may apply up to $425 depending on legislative session). Formula: Final Tax Due = max($0, Gross Ad Valorem Tax - Homestead Credit). State (Arkansas) — Arkansas Amendment 79 Assessment Growth Caps (Assessment Limitation): Caps annual assessed value growth following a countywide reappraisal: homestead parcel taxable assessments cannot increase by more than 5% per year, and non-homestead residential parcel taxable assessments cannot increase by more than 10% per year until taxable assessment reaches… State (Arkansas) — Arkansas Ad Valorem Property Tax Assessment Ratio and Valuation: Imposes an ad valorem property tax based on a uniform statutory assessment ratio of 20% of true market value.
The mean commute time for residents is approximately 17.2 minutes.
The area includes local parks and urban amenities within the city of Fort Smith.
The rental market is significant in this ZIP, with a majority of households being renter-occupied.
The economy is anchored by the broader Fort Smith metro area, which includes manufacturing, healthcare, and logistics sectors.
The area is served by the regional highway network of Fort Smith.
Data retrieved from Census Reporter and United States Zip Codes.
A major landmark preserving the history of the American West.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.