How competitive is the Fort Smith housing market?

Fort Smith is soft for sellers as of May 2026, with a Sold Score of 18/100 (Difficult Selling Environment). **Pending ratio** is 0.04 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +10.9% — more choices for buyers than a year ago. **Median days on market** is 65. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 27.3% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 18/100 (Difficult Selling Environment) · Pending ratio: 0.04 · Inventory YoY: +10.9% · Median days on market: 65 · Sellers cutting price: 27.3% · Median listing price: $277,000 (-0.4% YoY)