How competitive is the Fort Smith housing market?

Fort Smith is soft for sellers as of August 2026, with a Sold Score of 24/100 (Difficult Selling Environment). **Pending ratio** is 0.05 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +1.5% — more choices for buyers than a year ago. **Median days on market** is 64. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 32.0% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (August 2026): Sold Score: 24/100 (Difficult Selling Environment) · Pending ratio: 0.05 · Inventory YoY: +1.5% · Median days on market: 64 · Sellers cutting price: 32.0% · Median listing price: $269,000 (-2.2% YoY)