FORT SMITH Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Fort Smith averaged
6.64%
for the week of 2024-12-12, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2024-12-05) was
6.63% and
one month ago for the week of 2024-11-07, the
average rate was 6.63%.
Fort Smith's average rate one year ago was 7.17%.
For refis of the same type during the week of 2024-12-12, the average rate
was 6.79%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-12-12 | 6.6% |
Fort Smith 30 Year Fixed Rate | 2024-12-12 | 6.64% |
Fort Smith 30 Year Fixed Rate Refi | 2024-12-12 | 6.79% |
Fort Smith 15 Year Fixed Rate | 2024-12-12 | 6.53% |
Fort Smith 15 Year Fixed Rate Refi | 2024-12-12 | 6.34% |
Fort Smith 30 Year FHA | 2024-12-12 | 6.1% |
Fort Smith 30 Year FHA Refi | 2024-12-12 | 6.18% |
Fort Smith 30 Year USDA | 2024-12-12 | 6% |
Fort Smith 30 Year USDA Refi | 2024-12-12 | 6.3% |
Fort Smith 30 Year VA | 2024-12-12 | 6.29% |
Fort Smith 30 Year VA Refi | 2024-12-12 | 6.28% |
FORT SMITH Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the FORT SMITH, AR-OK market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
FORT SMITH Average Closing Costs & Other Stats
FORT SMITH, AR-OK's 122 lenders originated 4,117
loans during 2023. The total origination value was $682,235,000, with an average loan value of
$165,712.
FORT SMITH's average closing costs are $4,200.
The top FORT SMITH lender as defined by loan originations is Arvest Bank, with
180 loans originated. Their average total fees are
$3,801, which is $647
lower than the next largest lender,
Firstar Bank.
The lowest fee FORT SMITH lenders (with over 10 loans originated) are
The First National Bank of Fort Smith ($3,026), UNITED ($3,118), Bank of England ($3,150), BancorpSouth ($3,594) and Centennial Bank ($3,724).
The lowest rate FORT SMITH lenders (with over 10 loans originated) are
ARKANSAS Federal Credit Union (6.38%), Firstar Bank (6.45%), SWBC MORTGAGE CORPORATION (6.55%), First Financial Bank (6.58%) and Bank of England (6.59%).
FORT SMITH, AR-OK Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
Firstar Bank | $108,370,000 | $97,745,000 | -9.8% | 14.3% |
Arvest Bank | $150,765,000 | $75,025,000 | -50.2% | 11.0% |
QUICKEN LOANS, LLC | $50,775,000 | $32,300,000 | -36.4% | 4.7% |
Armstrong Bank | $49,805,000 | $27,120,000 | -45.5% | 4.0% |
The First National Bank of Fort Smith | $80,690,000 | $25,615,000 | -68.3% | 3.8% |
BancorpSouth | $36,195,000 | $25,345,000 | -30.0% | 3.7% |
First Financial Bank | $20,460,000 | $21,055,000 | 2.9% | 3.1% |
Citizens' Bank & Trust Co. | $27,740,000 | $20,475,000 | -26.2% | 3.0% |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $10,100,000 | $18,655,000 | 84.7% | 2.7% |
Mortgage Research Center, LLC | $21,950,000 | $18,055,000 | -17.7% | 2.6% |
UNITED | $27,545,000 | $15,855,000 | -42.4% | 2.3% |
Chambers Bank | $18,765,000 | $15,785,000 | -15.9% | 2.3% |
Bank of England | $18,665,000 | $14,075,000 | -24.6% | 2.1% |
SWBC MORTGAGE CORPORATION | $14,680,000 | $12,185,000 | -17.0% | 1.8% |
Farmers Bank | $24,110,000 | $10,290,000 | -57.3% | 1.5% |
ARKANSAS Federal Credit Union | $9,720,000 | $9,150,000 | -5.9% | 1.3% |
FIRST WESTERN MORTGAGE, INC. | $9,175,000 | $9,060,000 | -1.3% | 1.3% |
Centennial Bank | $7,515,000 | $8,600,000 | 14.4% | 1.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $16,305,000 | $8,560,000 | -47.5% | 1.3% |
Regions Bank | $11,545,000 | $8,285,000 | -28.2% | 1.2% |
Farm Credit Services of Western Arkansas, ACA | $5,255,000 | $7,475,000 | 42.2% | 1.1% |
First Community Bank | $1,360,000 | $7,200,000 | 429.4% | 1.1% |
Gateway First Bank | $9,320,000 | $6,445,000 | -30.8% | 0.9% |
FLAT BRANCH MORTGAGE, INC. | $5,225,000 | $6,115,000 | 17.0% | 0.9% |
USAA Federal Savings Bank | $4,570,000 | $6,020,000 | 31.7% | 0.9% |
First Security Bank | $7,430,000 | $5,895,000 | -20.7% | 0.9% |
U.S. Bank | $16,230,000 | $5,525,000 | -66.0% | 0.8% |
Simmons Bank | $15,710,000 | $5,515,000 | -64.9% | 0.8% |
UNITED WHOLESALE MORTGAGE, LLC | $5,905,000 | $4,665,000 | -21.0% | 0.7% |
First Western Bank | $7,315,000 | $4,265,000 | -41.7% | 0.6% |
Flagstar Bank, FSB | $2,505,000 | $4,065,000 | 62.3% | 0.6% |
NAVY FEDERAL CREDIT UNION | $6,245,000 | $3,945,000 | -36.8% | 0.6% |
ON Q FINANCIAL, INC. | $3,615,000 | n/a | 0.5% | |
Generations Bank | $9,160,000 | $3,450,000 | -62.3% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $5,830,000 | $3,370,000 | -42.2% | 0.5% |
FirstTrust Home Loans, Inc. | $4,535,000 | $3,325,000 | -26.7% | 0.5% |
PENNYMAC LOAN SERVICES, LLC | $5,935,000 | $3,290,000 | -44.6% | 0.5% |
EVERETT FINANCIAL, INC. | $7,945,000 | $3,230,000 | -59.3% | 0.5% |
Priority Bank | $9,275,000 | $3,035,000 | -67.3% | 0.4% |
Eagle Bank and Trust Company | $1,945,000 | $2,965,000 | 52.4% | 0.4% |
LEADERONE FINANCIAL CORPORATION | $3,440,000 | $2,965,000 | -13.8% | 0.4% |
Bank OZK | $9,705,000 | $2,955,000 | -69.6% | 0.4% |
JPMorgan Chase Bank | $2,500,000 | $2,910,000 | 16.4% | 0.4% |
Wells Fargo Bank | $5,880,000 | $2,910,000 | -50.5% | 0.4% |
21ST MORTGAGE CORPORATION | $5,005,000 | $2,890,000 | -42.3% | 0.4% |
TRIAD FINANCIAL SERVICES, INC. | $2,120,000 | $2,845,000 | 34.2% | 0.4% |
Sierra Pacific Mortgage Company, Inc. | $55,000 | $2,680,000 | 4,772.7% | 0.4% |
Mr. Cooper ( Nationstar Mortgage ) | $7,185,000 | $2,540,000 | -64.6% | 0.4% |
ORIX REAL ESTATE CAPITAL, LLC | $2,525,000 | n/a | 0.4% | |
AMERISAVE MORTGAGE CORPORATION | $4,585,000 | $2,500,000 | -45.5% | 0.4% |
LOANDEPOT.COM, LLC | $7,280,000 | $2,000,000 | -72.5% | 0.3% |
Bank of America | $3,495,000 | $1,965,000 | -43.8% | 0.3% |
MID AMERICA MORTGAGE, INC. | $3,915,000 | $1,830,000 | -53.3% | 0.3% |
Discover Bank | $600,000 | $1,755,000 | 192.5% | 0.3% |
BOKF | $1,040,000 | $1,715,000 | 64.9% | 0.3% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,775,000 | $1,665,000 | -6.2% | 0.2% |
Signature Bank of Arkansas | $205,000 | $1,565,000 | 663.4% | 0.2% |
NEWREZ LLC | $1,870,000 | $1,515,000 | -19.0% | 0.2% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $8,055,000 | $1,490,000 | -81.5% | 0.2% |
NEW DAY FINANCIAL, LLC | $4,830,000 | $1,400,000 | -71.0% | 0.2% |
CROSSCOUNTRY MORTGAGE, LLC | $250,000 | $1,365,000 | 446.0% | 0.2% |
OPEN MORTGAGE, LLC | $1,170,000 | $1,360,000 | 16.2% | 0.2% |
STOCKTON MORTGAGE CORPORATION | $290,000 | $1,270,000 | 337.9% | 0.2% |
The Central Trust Bank | $155,000 | $1,265,000 | 716.1% | 0.2% |
CORNERSTONE HOME LENDING, INC. | $680,000 | $1,255,000 | 84.6% | 0.2% |
UNION HOME MORTGAGE CORP. | $265,000 | $1,220,000 | 360.4% | 0.2% |
LOANPAL, LLC | $1,785,000 | $1,195,000 | -33.1% | 0.2% |
RELIANCE FIRST CAPITAL, LLC | $1,155,000 | n/a | 0.2% | |
BancFirst | $860,000 | $1,100,000 | 27.9% | 0.2% |
Chickasaw Community Bank | $4,805,000 | $1,085,000 | -77.4% | 0.2% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $1,955,000 | $1,080,000 | -44.8% | 0.2% |
Barrington Bank & Trust Company, N.A. | $1,690,000 | $1,070,000 | -36.7% | 0.2% |
United Bank | $1,160,000 | $1,050,000 | -9.5% | 0.2% |
Carrington Mortgage Services, LLC | $2,435,000 | $1,020,000 | -58.1% | 0.1% |
Citizens Bank | $1,400,000 | $970,000 | -30.7% | 0.1% |
TTCU Federal Credit Union | $895,000 | n/a | 0.1% | |
VILLAGE CAPITAL MORTGAGE | $1,545,000 | $890,000 | -42.4% | 0.1% |
TOP FLITE FINANCIAL, INC. | $880,000 | n/a | 0.1% | |
CrossFirst Bank | $855,000 | n/a | 0.1% | |
PNC Bank | $695,000 | $850,000 | 22.3% | 0.1% |
Coastal Community Bank | $835,000 | n/a | 0.1% | |
MORTGAGE FINANCIAL SERVICES, LLC | $335,000 | $825,000 | 146.3% | 0.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $620,000 | $790,000 | 27.4% | 0.1% |
GERSHMAN INVESTMENT CORP. | $1,025,000 | $785,000 | -23.4% | 0.1% |
Ally Bank | $660,000 | $735,000 | 11.4% | 0.1% |
BETTER MORTGAGE CORPORATION | $1,420,000 | $720,000 | -49.3% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $695,000 | $720,000 | 3.6% | 0.1% |
First Bank & Trust Co. | $685,000 | n/a | 0.1% | |
Patriot Bank | $665,000 | n/a | 0.1% | |
AMERICAN FINANCIAL NETWORK, INC. | $660,000 | n/a | 0.1% | |
BROKER SOLUTIONS, INC. | $4,330,000 | $660,000 | -84.8% | 0.1% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $560,000 | $645,000 | 15.2% | 0.1% |
United Fidelity Funding Corp. | $500,000 | $635,000 | 27.0% | 0.1% |
CSL Financial, LLC | $925,000 | $620,000 | -33.0% | 0.1% |
Figure Lending LLC | $615,000 | $620,000 | 0.8% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $750,000 | $605,000 | -19.3% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $720,000 | $600,000 | -16.7% | 0.1% |
AgHeritage Farm Credit Services FLCA | $585,000 | n/a | 0.1% | |
LAKEVIEW LOAN SERVICING, LLC | $1,250,000 | $575,000 | -54.0% | 0.1% |
Stifel Bank and Trust | $540,000 | n/a | 0.1% | |
Truity Federal Credit Union | $535,000 | n/a | 0.1% | |
First State Bank | $515,000 | n/a | 0.1% | |
COMMUNITYAMERICA | $505,000 | n/a | 0.1% | |
First Horizon Bank | $1,065,000 | $500,000 | -53.1% | 0.1% |
Grand Savings Bank | $8,715,000 | $475,000 | -94.5% | 0.1% |
FIRST COMMUNITY MORTGAGE, INC. | $430,000 | $460,000 | 7.0% | 0.1% |
KELLER MORTGAGE, LLC | $690,000 | $455,000 | -34.1% | 0.1% |
Plains Commerce Bank | $835,000 | $455,000 | -45.5% | 0.1% |
CITIZENS EQUITY FIRST | $445,000 | n/a | 0.1% | |
First Federal Bank | $445,000 | n/a | 0.1% | |
ASSOCIATED MORTGAGE CORPORATION | $370,000 | $435,000 | 17.6% | 0.1% |
CARDINAL FINANCIAL | $1,040,000 | $435,000 | -58.2% | 0.1% |
Raymond James Bank | $135,000 | $435,000 | 222.2% | 0.1% |
First Savings Bank | $430,000 | n/a | 0.1% | |
TELCOE FEDERAL CREDIT UNION | $420,000 | n/a | 0.1% | |
Independent Bank | $415,000 | n/a | 0.1% | |
Waterstone Mortgage Corporation | $420,000 | $415,000 | -1.2% | 0.1% |
CANOPY MORTGAGE, LLC | $410,000 | n/a | 0.1% | |
First United Bank and Trust Company | $2,060,000 | $410,000 | -80.1% | 0.1% |
OCMBC, INC. | $410,000 | n/a | 0.1% | |
ENCORE BANK | $5,930,000 | $385,000 | -93.5% | 0.1% |
Citadel Servicing Corporation | $175,000 | $375,000 | 114.3% | 0.1% |
Commerce Bank | $375,000 | n/a | 0.1% | |
GUILD MORTGAGE COMPANY | $1,445,000 | $375,000 | -74.0% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $165,000 | $370,000 | 124.2% | 0.1% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $285,000 | $370,000 | 29.8% | 0.1% |
AXIA FINANCIAL, LLC | $370,000 | n/a | 0.1% | |
LENDSURE MORTGAGE CORP. | $370,000 | n/a | 0.1% | |
SPRING EQ, LLC | $180,000 | $370,000 | 105.6% | 0.1% |
PLAZA HOME MORTGAGE, INC. | $355,000 | n/a | 0.1% | |
GUARANTEED RATE, INC. | $1,645,000 | $350,000 | -78.7% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $890,000 | $340,000 | -61.8% | 0.0% |
The Huntington National Bank | $325,000 | n/a | 0.0% | |
Truist | $6,310,000 | $320,000 | -94.9% | 0.0% |
SENTE MORTGAGE, INC. | $150,000 | $315,000 | 110.0% | 0.0% |
The Federal Savings Bank | $990,000 | $315,000 | -68.2% | 0.0% |
FINANCE OF AMERICA REVERSE LLC | $165,000 | $305,000 | 84.8% | 0.0% |
GENEVA FINANCIAL, LLC | $370,000 | $300,000 | -18.9% | 0.0% |
MORTGAGE SOLUTIONS LLC | $205,000 | $300,000 | 46.3% | 0.0% |
Equity Prime Mortgage LLC | $295,000 | n/a | 0.0% | |
MORTGAGE INVESTORS GROUP, INC. | $295,000 | n/a | 0.0% | |
The Stock Exchange Bank | $295,000 | n/a | 0.0% | |
GUARANTEED RATE AFFINITY, LLC | $285,000 | n/a | 0.0% | |
Legacy National Bank | $150,000 | $285,000 | 90.0% | 0.0% |
MORTGAGE ACCESS CORP. | $275,000 | $285,000 | 3.6% | 0.0% |
Old Missouri Bank | $285,000 | n/a | 0.0% | |
DEEPHAVEN MORTGAGE LLC | $280,000 | n/a | 0.0% | |
Great Plains National Bank | $415,000 | $275,000 | -33.7% | 0.0% |
Great Southern Bank | $275,000 | n/a | 0.0% | |
NBKC BANK | $1,155,000 | $275,000 | -76.2% | 0.0% |
PENTAGON FEDERAL CREDIT UNION | $815,000 | $270,000 | -66.9% | 0.0% |
American Bank of Oklahoma | $260,000 | $265,000 | 1.9% | 0.0% |
AMERICAN FINANCING CORPORATION | $905,000 | $265,000 | -70.7% | 0.0% |
PLANET HOME LENDING, LLC | $85,000 | $260,000 | 205.9% | 0.0% |
DAS Acquisition Company, LLC | $700,000 | $255,000 | -63.6% | 0.0% |
Logan Finance Corporation | $255,000 | n/a | 0.0% | |
CIS Financial Services, Inc. | $250,000 | n/a | 0.0% | |
CALCON MUTUAL MORTGAGE LLC | $245,000 | n/a | 0.0% | |
COMMUNITY BANK | $245,000 | n/a | 0.0% | |
GMFS LLC | $1,970,000 | $240,000 | -87.8% | 0.0% |
EMBRACE HOME LOANS, INC. | $145,000 | $235,000 | 62.1% | 0.0% |
RESIDENTIAL BANCORP | $835,000 | $235,000 | -71.9% | 0.0% |
Farmers Bank & Trust | $225,000 | n/a | 0.0% | |
Neighborhood Loans, Inc. | $225,000 | n/a | 0.0% | |
POLARIS HOME FUNDING CORP. | $340,000 | $225,000 | -33.8% | 0.0% |
Leader Bank | $220,000 | n/a | 0.0% | |
The Farmers & Merchants Bank | $220,000 | n/a | 0.0% | |
BANK OF LITTLE ROCK MORTGAGE CORPORATION | $1,535,000 | $215,000 | -86.0% | 0.0% |
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $215,000 | n/a | 0.0% | |
ZILLOW HOME LOANS, LLC | $920,000 | $215,000 | -76.6% | 0.0% |
CREDIT HUMAN FEDERAL CREDIT UNION | $505,000 | $205,000 | -59.4% | 0.0% |
American Airlines Federal Credit Union | $105,000 | $195,000 | 85.7% | 0.0% |
BARKSDALE | $195,000 | n/a | 0.0% | |
CLEARPATH LENDING | $235,000 | $195,000 | -17.0% | 0.0% |
Colonial Savings, F.A. | $115,000 | $195,000 | 69.6% | 0.0% |
Cornerstone Bank | $195,000 | n/a | 0.0% | |
NEXERA HOLDING LLC | $195,000 | n/a | 0.0% | |
NP, Inc. | $195,000 | n/a | 0.0% | |
Old National Bank | $195,000 | n/a | 0.0% | |
SFMC, LP | $195,000 | n/a | 0.0% | |
DELMAR FINANCIAL COMPANY | $460,000 | $185,000 | -59.8% | 0.0% |
Southern Bank | $185,000 | n/a | 0.0% | |
Paramount Residential Mortgage Group, Inc. | $840,000 | $175,000 | -79.2% | 0.0% |
ENDEAVOR CAPITAL, LLC. | $415,000 | $165,000 | -60.2% | 0.0% |
First National Bank | $185,000 | $165,000 | -10.8% | 0.0% |
LIBERTY HOME MORTGAGE CORPORATION | $165,000 | n/a | 0.0% | |
MORIA DEVELOPMENT, INC. | $355,000 | $155,000 | -56.3% | 0.0% |
Nations Lending Corporation | $470,000 | $155,000 | -67.0% | 0.0% |
PINE BLUFF COTTON BELT Federal Credit Union | $155,000 | n/a | 0.0% | |
Fidelity Bank | $145,000 | n/a | 0.0% | |
Mid-Continent Funding, Inc. | $145,000 | n/a | 0.0% | |
PHH Mortgage Corporation | $370,000 | $145,000 | -60.8% | 0.0% |
SUCCESS MORTGAGE PARTNERS, INC. | $145,000 | n/a | 0.0% | |
Flanagan State Bank | $135,000 | n/a | 0.0% | |
GARDNER FINANCIAL SERVICES, LTD. | $135,000 | n/a | 0.0% | |
DATA MORTGAGE, INC. | $125,000 | n/a | 0.0% | |
PREMIER MORTGAGE RESOURCES, L.L.C. | $125,000 | n/a | 0.0% | |
Signature Federal Credit Union | $125,000 | n/a | 0.0% | |
LONGBRIDGE FINANCIAL, LLC | $155,000 | $120,000 | -22.6% | 0.0% |
Prosperity Home Mortgage, LLC | $115,000 | n/a | 0.0% | |
UNITED BUILT HOMES, L.L.C. | $245,000 | $115,000 | -53.1% | 0.0% |
AMCAP MORTGAGE, LTD. | $520,000 | $105,000 | -79.8% | 0.0% |
Lakeview Community Capital, LLC | $135,000 | $105,000 | -22.2% | 0.0% |
MOVEMENT MORTGAGE, LLC | $430,000 | $105,000 | -75.6% | 0.0% |
OKLAHOMA'S | $100,000 | n/a | 0.0% | |
ALTRA | $440,000 | $85,000 | -80.7% | 0.0% |
ATLANTA POSTAL | $85,000 | n/a | 0.0% | |
Deere Employees Credit Union | $35,000 | $85,000 | 142.9% | 0.0% |
First Service Bank | $85,000 | n/a | 0.0% | |
M&T Bank | $535,000 | $85,000 | -84.1% | 0.0% |
OMNI Community Credit Union | $85,000 | n/a | 0.0% | |
First National Bank of America | $75,000 | n/a | 0.0% | |
SUN WEST MORTGAGE COMPANY, INC. | $75,000 | n/a | 0.0% | |
Operating Engineers Local Union #3 | $65,000 | n/a | 0.0% | |
RUOFF MORTGAGE COMPANY, INC. | $220,000 | $65,000 | -70.5% | 0.0% |
Tyndall Federal Credit Union | $45,000 | n/a | 0.0% | |
Willamette Valley Bank | $45,000 | n/a | 0.0% | |
Farm Credit Services of Western Arkansas, PCA | $105,000 | $35,000 | -66.7% | 0.0% |
Today's Bank | $25,000 | n/a | 0.0% | |
GSF Mortgage Corporation | $75,000 | $5,000 | -93.3% | 0.0% |
FORT SMITH's top lender by overall market share is Firstar Bank, with 14.3% market share. In second place, with 11.0%, is Arvest Bank, having originated $75,025,000 in loans. In third place, with 4.7%, is QUICKEN LOANS, LLC, having originated $32,300,000 in loans. In fourth place, with 4.0%, is Armstrong Bank, having originated $27,120,000 in loans. In fifth place, with 3.8%, is The First National Bank of Fort Smith, having originated $25,615,000 in loans.
FORT SMITH Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - FORT SMITH (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $150,425 (1.0%) | $217,388 (2.7%) | 0.56 | 1,143 |
2018-02-01 | $152,350 (3.1%) | $219,335 (5.0%) | 0.55 | 1,116 |
2018-03-01 | $157,700 (5.5%) | $225,823 (7.3%) | 0.55 | 1,113 |
2018-04-01 | $157,400 (3.6%) | $226,620 (2.2%) | 0.53 | 1,131 |
2018-05-01 | $159,900 (4.2%) | $226,723 (-0.2%) | 0.53 | 1,154 |
2018-06-01 | $159,900 (2.3%) | $227,961 (-1.8%) | 0.53 | 1,173 |
2018-07-01 | $159,250 (5.5%) | $225,059 (0.2%) | 0.53 | 1,195 |
2018-08-01 | $159,900 (7.0%) | $225,575 (3.8%) | 0.54 | 1,203 |
2018-09-01 | $157,000 (5.4%) | $224,128 (3.4%) | 0.53 | 1,226 |
2018-10-01 | $156,750 (4.9%) | $222,524 (2.8%) | 0.53 | 1,235 |
2018-11-01 | $154,950 (3.8%) | $218,582 (0.1%) | 0.53 | 1,254 |
2018-12-01 | $154,900 (4.7%) | $217,516 (1.1%) | 0.53 | 1,205 |
2019-01-01 | $154,950 (3.0%) | $223,542 (2.8%) | 0.54 | 1,161 |
2019-02-01 | $158,350 (3.9%) | $226,845 (3.4%) | 0.54 | 1,143 |
2019-03-01 | $161,571 (2.5%) | $232,913 (3.1%) | 0.53 | 1,121 |
2019-04-01 | $164,750 (4.7%) | $238,760 (5.4%) | 0.52 | 1,122 |
2019-05-01 | $169,250 (5.9%) | $240,567 (6.1%) | 0.53 | 1,097 |
2019-06-01 | $169,900 (6.3%) | $245,647 (7.8%) | 0.53 | 1,078 |
2019-07-01 | $167,375 (5.1%) | $245,926 (9.3%) | 0.52 | 1,073 |
2019-08-01 | $165,000 (3.2%) | $240,113 (6.4%) | 0.52 | 1,087 |
2019-09-01 | $165,000 (5.1%) | $235,459 (5.1%) | 0.53 | 1,096 |
2019-10-01 | $164,998 (5.3%) | $231,644 (4.1%) | 0.53 | 1,094 |
2019-11-01 | $164,500 (6.2%) | $230,176 (5.3%) | 0.54 | 1,055 |
2019-12-01 | $159,900 (3.2%) | $229,068 (5.3%) | 0.53 | 1,008 |
2020-01-01 | $159,950 (3.2%) | $227,106 (1.6%) | 0.53 | 969 |
2020-02-01 | $164,799 (4.1%) | $234,730 (3.5%) | 0.54 | 962 |
2020-03-01 | $169,450 (4.9%) | $241,672 (3.8%) | 0.53 | 901 |
2020-04-01 | $174,900 (6.2%) | $246,914 (3.4%) | 0.55 | 883 |
2020-05-01 | $179,000 (5.8%) | $254,365 (5.7%) | 0.54 | 815 |
2020-06-01 | $189,000 (11.2%) | $265,871 (8.2%) | 0.56 | 758 |
2020-07-01 | $195,000 (16.5%) | $275,217 (11.9%) | 0.57 | 709 |
2020-08-01 | $194,500 (17.9%) | $278,480 (16.0%) | 0.56 | 664 |
2020-09-01 | $189,525 (14.9%) | $290,339 (23.3%) | 0.54 | 586 |
2020-10-01 | $195,000 (18.2%) | $288,676 (24.6%) | 0.56 | 563 |
2020-11-01 | $190,425 (15.8%) | $298,084 (29.5%) | 0.56 | 514 |
2020-12-01 | $184,375 (15.3%) | $290,370 (26.8%) | 0.55 | 491 |
2021-01-01 | $183,750 (14.9%) | $298,298 (31.4%) | 0.55 | 455 |
2021-02-01 | $195,000 (18.3%) | $310,368 (32.2%) | 0.57 | 390 |
2021-03-01 | $184,950 (9.2%) | $306,264 (26.7%) | 0.52 | 373 |
2021-04-01 | $189,000 (8.1%) | $314,604 (27.4%) | 0.51 | 370 |
2021-05-01 | $209,700 (17.2%) | $332,533 (30.7%) | 0.56 | 342 |
2021-06-01 | $219,450 (16.1%) | $321,698 (21.0%) | 0.58 | 382 |
2021-07-01 | $209,900 (7.6%) | $311,384 (13.1%) | 0.55 | 480 |
2021-08-01 | $197,450 (1.5%) | $307,917 (10.6%) | 0.53 | 487 |
2021-09-01 | $199,225 (5.1%) | $308,275 (6.2%) | 0.53 | 496 |
2021-10-01 | $210,000 (7.7%) | $317,994 (10.2%) | 0.56 | 462 |
2021-11-01 | $210,950 (10.8%) | $318,761 (6.9%) | 0.56 | 400 |
2021-12-01 | $213,575 (15.8%) | $325,850 (12.2%) | 0.58 | 382 |
2022-01-01 | $199,950 (8.8%) | $326,158 (9.3%) | 0.54 | 349 |
2022-02-01 | $219,950 (12.8%) | $334,140 (7.7%) | 0.57 | 328 |
2022-03-01 | $215,375 (16.5%) | $333,122 (8.8%) | 0.54 | 360 |
2022-04-01 | $216,850 (14.7%) | $334,459 (6.3%) | 0.52 | 369 |
2022-05-01 | $231,225 (10.3%) | $333,206 (0.2%) | 0.53 | 393 |
2022-06-01 | $227,225 (3.5%) | $323,271 (0.5%) | 0.51 | 440 |
2022-07-01 | $237,195 (13.0%) | $334,554 (7.4%) | 0.53 | 490 |
2022-08-01 | $234,950 (19.0%) | $333,862 (8.4%) | 0.54 | 518 |
2022-09-01 | $230,000 (15.5%) | $306,217 (-0.7%) | 0.54 | 545 |
2022-10-01 | $239,900 (14.2%) | $307,900 (-3.2%) | 0.56 | 583 |
2022-11-01 | $232,000 (10.0%) | $318,210 (-0.2%) | 0.56 | 590 |
2022-12-01 | $227,250 (6.4%) | $314,422 (-3.5%) | 0.56 | 554 |
2023-01-01 | $228,188 (14.1%) | $316,515 (-3.0%) | 0.57 | 540 |
2023-02-01 | $236,975 (7.7%) | $319,591 (-4.4%) | 0.57 | 498 |
2023-03-01 | $238,875 (10.9%) | $329,091 (-1.2%) | 0.56 | 473 |
2023-04-01 | $240,000 (10.7%) | $337,159 (0.8%) | 0.56 | 460 |
2023-05-01 | $249,450 (7.9%) | $334,182 (0.3%) | 0.57 | 469 |
2023-06-01 | $255,000 (12.2%) | $341,613 (5.7%) | 0.57 | 494 |
2023-07-01 | $259,948 (9.6%) | $344,538 (3.0%) | 0.59 | 535 |
2023-08-01 | $265,457 (13.0%) | $355,998 (6.6%) | 0.61 | 566 |
2023-09-01 | $270,000 (17.4%) | $355,106 (16.0%) | 0.63 | 604 |
2023-10-01 | $269,400 (12.3%) | $354,555 (15.2%) | 0.63 | 677 |
2023-11-01 | $269,450 (16.1%) | $351,539 (10.5%) | 0.64 | 680 |
2023-12-01 | $259,900 (14.4%) | $343,503 (9.3%) | 0.63 | 696 |
2024-01-01 | $265,000 (16.1%) | $344,419 (8.8%) | 0.65 | 662 |
2024-02-01 | $250,950 (5.9%) | $339,632 (6.3%) | 0.60 | 678 |
2024-03-01 | $254,900 (6.7%) | $335,715 (2.0%) | 0.60 | 668 |
2024-04-01 | $267,350 (11.4%) | $350,591 (4.0%) | 0.62 | 656 |
2024-05-01 | $275,000 (10.2%) | $357,966 (7.1%) | 0.62 | 698 |
2024-06-01 | $279,000 (9.4%) | $364,033 (6.6%) | 0.63 | 720 |
2024-07-01 | $275,000 (5.8%) | $360,314 (4.6%) | 0.63 | 734 |
2024-08-01 | $279,900 (5.4%) | $364,446 (2.4%) | 0.65 | 780 |
2024-09-01 | $275,000 (1.9%) | $357,868 (0.8%) | 0.65 | 787 |
2024-10-01 | $270,000 (0.2%) | $353,668 (-0.3%) | 0.64 | 863 |
2024-11-01 | $269,900 (0.2%) | $344,605 (-2.0%) | 0.65 | 944 |
FORT SMITH's median listing price comes in at 65% of the national average.
FORT SMITH's average listing price for 2024-11-01 was $344,605, a difference of $-6,934 (-2.0%) versus the prior year and $-9,063 versus the prior month.
For the 2024-11-01 period, FORT SMITH had 944 MLS listings, a difference of 81 listings (9%) versus the prior month and 264 listings (39%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - FORT SMITH (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 94 days | 1,820 sqft |
2018-02-01 | 92 days | 1,832 sqft |
2018-03-01 | 79 days | 1,886 sqft |
2018-04-01 | 71 days | 1,896 sqft |
2018-05-01 | 67 days | 1,910 sqft |
2018-06-01 | 64 days | 1,912 sqft |
2018-07-01 | 68 days | 1,911 sqft |
2018-08-01 | 74 days | 1,928 sqft |
2018-09-01 | 78 days | 1,889 sqft |
2018-10-01 | 79 days | 1,885 sqft |
2018-11-01 | 80 days | 1,843 sqft |
2018-12-01 | 86 days | 1,833 sqft |
2019-01-01 | 93 days | 1,815 sqft |
2019-02-01 | 89 days | 1,818 sqft |
2019-03-01 | 82 days | 1,855 sqft |
2019-04-01 | 72 days | 1,894 sqft |
2019-05-01 | 67 days | 1,916 sqft |
2019-06-01 | 75 days | 1,924 sqft |
2019-07-01 | 75 days | 1,919 sqft |
2019-08-01 | 74 days | 1,901 sqft |
2019-09-01 | 73 days | 1,878 sqft |
2019-10-01 | 73 days | 1,869 sqft |
2019-11-01 | 75 days | 1,857 sqft |
2019-12-01 | 86 days | 1,854 sqft |
2020-01-01 | 89 days | 1,857 sqft |
2020-02-01 | 82 days | 1,848 sqft |
2020-03-01 | 74 days | 1,890 sqft |
2020-04-01 | 74 days | 1,923 sqft |
2020-05-01 | 75 days | 1,980 sqft |
2020-06-01 | 68 days | 1,984 sqft |
2020-07-01 | 67 days | 2,002 sqft |
2020-08-01 | 64 days | 2,000 sqft |
2020-09-01 | 59 days | 2,000 sqft |
2020-10-01 | 51 days | 2,018 sqft |
2020-11-01 | 54 days | 2,007 sqft |
2020-12-01 | 65 days | 1,921 sqft |
2021-01-01 | 72 days | 1,921 sqft |
2021-02-01 | 58 days | 1,935 sqft |
2021-03-01 | 42 days | 1,814 sqft |
2021-04-01 | 33 days | 1,826 sqft |
2021-05-01 | 36 days | 1,887 sqft |
2021-06-01 | 30 days | 1,886 sqft |
2021-07-01 | 29 days | 1,880 sqft |
2021-08-01 | 34 days | 1,853 sqft |
2021-09-01 | 37 days | 1,829 sqft |
2021-10-01 | 45 days | 1,879 sqft |
2021-11-01 | 49 days | 1,820 sqft |
2021-12-01 | 51 days | 1,839 sqft |
2022-01-01 | 53 days | 1,844 sqft |
2022-02-01 | 38 days | 1,827 sqft |
2022-03-01 | 33 days | 1,810 sqft |
2022-04-01 | 32 days | 1,800 sqft |
2022-05-01 | 33 days | 1,783 sqft |
2022-06-01 | 33 days | 1,791 sqft |
2022-07-01 | 37 days | 1,816 sqft |
2022-08-01 | 41 days | 1,826 sqft |
2022-09-01 | 48 days | 1,806 sqft |
2022-10-01 | 51 days | 1,813 sqft |
2022-11-01 | 57 days | 1,826 sqft |
2022-12-01 | 64 days | 1,780 sqft |
2023-01-01 | 71 days | 1,801 sqft |
2023-02-01 | 70 days | 1,827 sqft |
2023-03-01 | 63 days | 1,823 sqft |
2023-04-01 | 53 days | 1,848 sqft |
2023-05-01 | 43 days | 1,836 sqft |
2023-06-01 | 46 days | 1,860 sqft |
2023-07-01 | 49 days | 1,855 sqft |
2023-08-01 | 51 days | 1,859 sqft |
2023-09-01 | 52 days | 1,838 sqft |
2023-10-01 | 51 days | 1,844 sqft |
2023-11-01 | 58 days | 1,859 sqft |
2023-12-01 | 68 days | 1,828 sqft |
2024-01-01 | 85 days | 1,835 sqft |
2024-02-01 | 78 days | 1,797 sqft |
2024-03-01 | 58 days | 1,773 sqft |
2024-04-01 | 52 days | 1,807 sqft |
2024-05-01 | 50 days | 1,844 sqft |
2024-06-01 | 57 days | 1,878 sqft |
2024-07-01 | 60 days | 1,835 sqft |
2024-08-01 | 60 days | 1,851 sqft |
2024-09-01 | 58 days | 1,837 sqft |
2024-10-01 | 61 days | 1,834 sqft |
2024-11-01 | 65 days | 1,804 sqft |
FORT SMITH's median square footage for active listings during the 2024-11-01 period was 1,804 sqft. One year prior, the average listing was 1,859 sqft.
FORT SMITH, AR-OK Average Rent (2023)
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Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
---|---|---|---|---|---|---|
72901 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72902 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,110 | $1,270 |
72903 | Fort Smith, AR-OK HUD Metro FMR Area | $610 | $620 | $810 | $1,120 | $1,290 |
72904 | Fort Smith, AR-OK HUD Metro FMR Area | $620 | $620 | $820 | $1,130 | $1,310 |
72905 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,110 | $1,270 |
72906 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,110 | $1,270 |
72908 | Fort Smith, AR-OK HUD Metro FMR Area | $710 | $710 | $940 | $1,300 | $1,500 |
72913 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,110 | $1,270 |
72914 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,110 | $1,270 |
72916 | Fort Smith, AR-OK HUD Metro FMR Area | $690 | $700 | $920 | $1,270 | $1,470 |
72917 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,110 | $1,270 |
72918 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,110 | $1,270 |
72921 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72923 | Fort Smith, AR-OK HUD Metro FMR Area | $790 | $800 | $1,050 | $1,450 | $1,670 |
72927 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72930 | Fort Smith, AR-OK HUD Metro FMR Area | $630 | $640 | $800 | $1,010 | $1,330 |
72932 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72933 | Fort Smith, AR-OK HUD Metro FMR Area | $630 | $640 | $800 | $1,010 | $1,330 |
72934 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72935 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72936 | Fort Smith, AR-OK HUD Metro FMR Area | $620 | $620 | $820 | $1,130 | $1,310 |
72937 | Fort Smith, AR-OK HUD Metro FMR Area | $640 | $650 | $850 | $1,180 | $1,350 |
72938 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72940 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72941 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72944 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72945 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72946 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72947 | Fort Smith, AR-OK HUD Metro FMR Area | $610 | $610 | $800 | $1,080 | $1,290 |
72948 | Fort Smith, AR-OK HUD Metro FMR Area | $610 | $630 | $810 | $1,130 | $1,340 |
72952 | Fort Smith, AR-OK HUD Metro FMR Area | $660 | $660 | $870 | $1,200 | $1,390 |
72955 | Fort Smith, AR-OK HUD Metro FMR Area | $610 | $610 | $810 | $1,110 | $1,290 |
72956 | Fort Smith, AR-OK HUD Metro FMR Area | $620 | $620 | $820 | $1,130 | $1,310 |
72957 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
72959 | Fort Smith, AR-OK HUD Metro FMR Area | $710 | $750 | $910 | $1,290 | $1,550 |
74435 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
74931 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
74936 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,110 | $1,270 |
74945 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
74946 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
74948 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
74954 | Fort Smith, AR-OK HUD Metro FMR Area | $640 | $650 | $850 | $1,180 | $1,350 |
74955 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
74962 | Fort Smith, AR-OK HUD Metro FMR Area | $600 | $610 | $800 | $1,100 | $1,270 |
2022 Average & Median Rent Data Statistics
FORT SMITH, AR-OK average 1BR rent: $628, median: $610
FORT SMITH, AR-OK average 2BR rent: $820, median: $800
FORT SMITH, AR-OK average 3BR rent: $1,127, median: $1,100
FORT SMITH, AR-OK Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 2,540 | $497,940,000 | $196,039 |
Other | 425 | $27,525,000 | $64,765 |
Refi | 406 | $73,000,000 | $179,803 |
Cash Out Refi | 403 | $61,495,000 | $152,593 |
Home Improvement | 343 | $22,275,000 | $64,942 |
Fort Smith's most frequently cited loan purpose was Home Purchase, with 2,540 originations. The 2nd most popular reason was Other, with 425 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 1,454 | $270,390,000 | $185,963 |
Over 8% | 960 | $93,310,000 | $97,198 |
7-8% | 899 | $161,835,000 | $180,017 |
5-6% | 523 | $105,345,000 | $201,424 |
4-5% | 19 | $3,745,000 | $197,105 |
3-4% | 6 | $600,000 | $100,000 |
<2.5% | 3 | $2,985,000 | $995,000 |
2.5-3% | 3 | $305,000 | $101,667 |
During 2023, Fort Smith's most frequently originated rate bucket was 6-7%, with 1,454 originations.
Loan Sizing (FORT SMITH, AR-OK MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 1,547 | $228,565,000 | $147,747 |
$100,000 or less | 1,416 | $77,300,000 | $54,590 |
$200k-400k | 968 | $256,320,000 | $264,793 |
$400k-600k | 135 | $64,255,000 | $475,963 |
$600k-1000k | 38 | $27,320,000 | $718,947 |
$Over $1MM | 13 | $28,475,000 | $2,190,385 |
FORT SMITH's loan sizing saw the bucket of loans from $100k-200k with 1,547 originations, totaling $228,565,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 1,739 | $351,855,000 | $202,332 |
60-80% | 767 | $160,195,000 | $208,859 |
Under 20% | 518 | $19,910,000 | $38,436 |
20-40% | 407 | $34,835,000 | $85,590 |
40-60% | 342 | $45,920,000 | $134,269 |
Over 100% | 81 | $23,615,000 | $291,543 |
FORT SMITH's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,739 originations, totaling $351,855,000 in origination value.