Why Live in Downtown Fort Smith
Downtown Fort Smith is a historic neighborhood known for its rich architectural heritage, with many homes dating back to the 1800s and early 1900s. The Belle Grove Historic District showcases a variety of styles, including Queen Anne, American Foursquare, and Second Empire. The area is home to several attractions, such as The Clayton House, Fort Smith National Historic Site, and the Fort Smith Museum of History. The Fort Smith Regional Art Museum and River Park, with its scenic trails along the Arkansas River, add to the cultural landscape. Dining options include Fort Smith Coffee Co. in The Bakery District, 21 West End, and Taliano’s Italian Restaurant. The Entertainment District offers nightlife with art galleries and bars like Prohibition. Residents can shop at Belle Starr Antiques and Vintage Market, Bookish: An Indie Bookstore, and the Fort Smith Farmer’s Market. Essential services are available at Harps Food Store, 3 miles away, and big box stores like Target and Home Depot. Community events include the Levitt Amp Concert Series and the annual Fall Festival. Transportation options include Fort Smith Transit buses, a downtown trolley, and Fort Smith Regional Airport, 6 miles away. The neighborhood is part of the Fort Smith School District, with Southside High School receiving high ratings. While the area has some practical considerations such as flood insurance requirements, it remains a vibrant and historically rich community.
Frequently Asked Questions
Is Downtown Fort Smith a good place to live?
Downtown Fort Smith is a good place to live. Downtown Fort Smith is considered fairly walkable and bikeable. Downtown Fort Smith has 4 parks for recreational activities. It has a median age of 40. The average household income is $42,590 which is below the national average. College graduates make up 19.5% of residents. A majority of residents in Downtown Fort Smith are renters, with 79.4% of residents renting and 20.6% of residents owning their home. A
local real estate agent serving Downtown Fort Smith can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Fort Smith neighborhood guide.
How much do you need to make to afford a house in Downtown Fort Smith?
The median home price in Downtown Fort Smith is $185,000. If you put a 20% down payment of $37,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $940 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $40K a year to afford the median home price in Downtown Fort Smith. The average household income in Downtown Fort Smith is $43K.
What are the best public schools in Downtown Fort Smith?
The best public schools that serve Downtown Fort Smith are:
What are the best private schools in Downtown Fort Smith?
The best private schools that serve Downtown Fort Smith are:
What are the most popular zip codes in Downtown Fort Smith, Fort Smith, AR?
What are the most popular neighborhoods near Downtown Fort Smith, Fort Smith, AR?
Are home prices dropping in Downtown Fort Smith?
Yes, home prices in Downtown Fort Smith are down 13% in the last 12 months.
Home Trends in Downtown Fort Smith, AR
On average, homes in Downtown Fort Smith, Fort Smith sell after 49 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Fort Smith, Fort Smith over the last 12 months is $167,500, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$167,500
Median Single Family Sale Price
$167,500
Average Price Per Sq Ft
$51
Number of Homes for Sale
1
Last 12 months Home Sales
5
Median List Price
$185,000
Median Change From 1st List Price
18%
Median Home Sale Price YoY Change
8%