Real Estate Investing in Fort Smith, Arkansas (72916)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Sebastian County • Population: 11,087 • Data updated: September 2026

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Should you buy in 72916 (Fort Smith, AR)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Fort Smith, AR (72916)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $323,878
Avg Monthly Rent $1,449
1% Rule ✗ Does Not Meet
Median Income $81,047
% Renters 32.4%

Market Analysis: 72916 Fort Smith

This part of Sebastian County is not an easy win. The 72916 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.

The 72916 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

ZIP 72916's metrics run below Sebastian County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

A solid renter share of 32% in 72916 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

New investors are better served looking at Fort Smith's stable or hybrid ZIPs before stepping into 72916. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Fort Smith:

C+ Average
Buy Confidence Score: 69/100
Affordability
15/25
Appreciation
18/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4× the median income
Value Trend
Stable (+1.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,449/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Fort Smith, AR-OK Metro Area
More inventory, negotiating room for buyers
81 days
Average time to sell
Slow
8.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Fort Smith, AR-OK metro data

Market Trends

Home Value History (with trend line)

$337K$306K$274K$242K$210K$178KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,560$1,534$1,509$1,483$1,458$1,432Jan 2025Oct 2025Jul 2026

📊 How Does 72916 Compare?

Metric 72916 Fort Smith Fort Smith, AR-OK Arkansas
Home Value $323,878 $175,469 N/A $216,341
5-Year CAGR 4.3% 3.3% N/A 5.7%
Avg Rent $1,449 $1,128 N/A -
Cap Rate 3.5% 4.5% - -
💡 Why Invest in 72916? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 72916 (Fort Smith, AR). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.5%
Low
5yr Growth
+4.3%
Moderate

📊 Market Snapshot

Home Value $323,878
Monthly Rent $1,449
Price-to-Rent 18.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.4%
Cap Rate 3.5%
5-Year IRR 7.8%

📈 Home Appreciation

1-Year +1.7% ▲
3-Year CAGR +1.6% ▲
5-Year CAGR +4.3% ▲
10-Year CAGR +4.5% ▲

🏠 Rent Trends

1-Year -4.2% ▼
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
6.8%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.3%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 72916

Population: 11,087

💰 Median Household Income
$81,047
This area
$81,047
State
$52,981
USA
$74,580
🏠 Renter Occupied
32.4%
This area
32.4%
State
24.2%
USA
34.0%
💼 Unemployment Rate
0.7%
This area
0.7%
State
-21.7%
USA
3.7%
🎓 College Educated
40.1%
This area
40.1%
State
-9.2%
USA
33.7%
👤 Median Age
38.0 years
This area
38.0 years
State
3.7 years
USA
38.9 years
🏚️ Vacancy Rate
6.8%
This area
6.8%
State
22.6%
USA
10.5%
👥 Population by Ethnicity
White 78.4%
Other/Mixed 11.3%
Asian 6.9%
Hispanic/Latino 4.5%
Black/African American 3.5%
👶 Under 18
23.6%
This area
23.6%
USA
22.0%
👴 65 and Over
16.5%
This area
16.5%
USA
17.3%
📊 Poverty Rate
3.6%
This area
3.6%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Nearby Colleges & Universities

4 Nearby 897 Off-Campus Students
C
Arkansas Colleges of Health Education
826 students · 4.3 mi
C
Designer Barber & Stylist School
91 students · 6.0 mi
C+
University of Arkansas-Fort Smith
5,506 students · 7.7 mi
C
Academy of Salon and Spa
81 students · 7.9 mi

Investor Insight: With 897 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How much do tenants pay in Fort Smith, AR?

Rent in Fort Smith, AR is around $1,449/mo. The resulting rent-to-value relationship with $324K pricing is reasonable for most investor models.

How deep is the rental pool in Fort Smith, AR?

Expect a solid tenant pool in Fort Smith, AR. The rental market absorbs $1,449/mo rents without meaningful friction.

Does Fort Smith, AR make sense for an investment property?

The 3.0/5 investability rating in Fort Smith, AR reflects its $324K prices and $1,449/mo rents. Investors generally consider it a solid option within AR.

How landlord-friendly is Fort Smith, AR?

Landlord-friendliness in Fort Smith, AR is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

What strategy should investors use in Fort Smith, AR?

Investors usually favor careful cash-flow rentals with hands-on management in Fort Smith, AR. With home values at $324K and rents near $1,449/mo, other strategies can work but produce reliable rather than outsized returns.

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How 72916 ranks in Fort Smith, AR-OK

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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