How much house does $500,000 buy you in Fort Smith?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Fort Smith?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Fort Smith right now. Listings below $500,000 were included if necessary.
451602 E 957 Rd, Vian, OK 74962
- Price: $500,000
- 5 bedrooms, 5.5 bathrooms
- Square feet: 5,400
- See 451602 E 957 Rd, Vian, OK 74962 on Redfin.com
1401 Azure Hills Dr, Van Buren, AR 72956
- Price: $484,900
- 5 bedrooms, 4 bathrooms
- Square feet: 3,277
- See 1401 Azure Hills Dr, Van Buren, AR 72956 on Redfin.com
112570 S 4740 Rd, Muldrow, OK 74948
- Price: $495,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,100
- See 112570 S 4740 Rd, Muldrow, OK 74948 on Redfin.com
1204 Breckenridge Dr, Van Buren, AR 72956
- Price: $499,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,428
- See 1204 Breckenridge Dr, Van Buren, AR 72956 on Redfin.com
110907 S 4760 Rd, Muldrow, OK 74948
- Price: $479,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,164
- See 110907 S 4760 Rd, Muldrow, OK 74948 on Redfin.com
1905 Nickletown Rd, Greenwood, AR 72936
- Price: $499,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,400
- See 1905 Nickletown Rd, Greenwood, AR 72936 on Redfin.com
937 Forrest Park Way, Greenwood, AR 72936
- Price: $499,900
- 5 bedrooms, 2.5 bathrooms
- Square feet: 2,515
- See 937 Forrest Park Way, Greenwood, AR 72936 on Redfin.com
1116 N Bayberry St, Greenwood, AR 72936
- Price: $499,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,488
- See 1116 N Bayberry St, Greenwood, AR 72936 on Redfin.com
3019 Brighton Pt, Fort Smith, AR 72903
- Price: $499,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,175
- See 3019 Brighton Pt, Fort Smith, AR 72903 on Redfin.com
6408 Southfield Dr, Fort Smith, AR 72916
- Price: $475,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,837
- See 6408 Southfield Dr, Fort Smith, AR 72916 on Redfin.com
401 Waggoner Ln, Barling, AR 72923
- Price: $475,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,309
- See 401 Waggoner Ln, Barling, AR 72923 on Redfin.com
1232 Elizabeth Ln, Fort Smith, AR 72903
- Price: $475,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,664
- See 1232 Elizabeth Ln, Fort Smith, AR 72903 on Redfin.com
6914 Woodhaven Cir, Fort Smith, AR 72916
- Price: $500,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,427
- See 6914 Woodhaven Cir, Fort Smith, AR 72916 on Redfin.com
12 Carthage Cir, Fort Smith, AR 72901
- Price: $498,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,336
- See 12 Carthage Cir, Fort Smith, AR 72901 on Redfin.com
446159 E 958 Rd, Gore, OK 74435
- Price: $475,000
- 4 bedrooms, 3 bathrooms
- Square feet: 1,900
- See 446159 E 958 Rd, Gore, OK 74435 on Redfin.com
3511 Cliff Dr, Fort Smith, AR 72903
- Price: $475,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,465
- See 3511 Cliff Dr, Fort Smith, AR 72903 on Redfin.com
1133 Meadow Bridge Dr, Greenwood, AR 72936
- Price: $483,500
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,078
- See 1133 Meadow Bridge Dr, Greenwood, AR 72936 on Redfin.com
2710 Parkway Ln, Van Buren, AR 72956
- Price: $495,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,034
- See 2710 Parkway Ln, Van Buren, AR 72956 on Redfin.com
3910 Golf Course Dr, Alma, AR 72921
- Price: $479,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,929
- See 3910 Golf Course Dr, Alma, AR 72921 on Redfin.com
904 River Overlook Loop, Van Buren, AR 72956
- Price: $497,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,366
- See 904 River Overlook Loop, Van Buren, AR 72956 on Redfin.com
11511 Rye Hill Rd S, Fort Smith, AR 72916
- Price: $480,000
- 3 bedrooms, 3 bathrooms
- Square feet: 1,750
- See 11511 Rye Hill Rd S, Fort Smith, AR 72916 on Redfin.com
107903 S 4570 Rd, Sallisaw, OK 74955
- Price: $480,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,624
- See 107903 S 4570 Rd, Sallisaw, OK 74955 on Redfin.com
12200 Stonechase Dr, Fort Smith, AR 72916
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,818
- See 12200 Stonechase Dr, Fort Smith, AR 72916 on Redfin.com
104391 S 4495 Rd, Vian, OK 74962
- Price: $475,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,500
- See 104391 S 4495 Rd, Vian, OK 74962 on Redfin.com
2017 Highway 22 E, Branch, AR 72928
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,130
- See 2017 Highway 22 E, Branch, AR 72928 on Redfin.com
111324 S 4780 Rd, Roland, OK 74954
- Price: $480,000
- 3 bedrooms, 2 bathrooms
- Square feet: 5,000
- See 111324 S 4780 Rd, Roland, OK 74954 on Redfin.com
112416 S 4730 Rd, Muldrow, OK 74948
- Price: $495,000
- 3 bedrooms, 2 bathrooms
- Square feet: 3,000
- See 112416 S 4730 Rd, Muldrow, OK 74948 on Redfin.com
19108 Canova Trl, Mountainburg, AR 72946
- Price: $499,900
- 3 bedrooms, 1 bathroom
- Square feet: 1,661
- See 19108 Canova Trl, Mountainburg, AR 72946 on Redfin.com
11901 Canova Trl, Mountainburg, AR 72946
- Price: $499,900
- 3 bedrooms, 1 bathroom
- Square feet: 1,661
- See 11901 Canova Trl, Mountainburg, AR 72946 on Redfin.com
9207 E Highway 252, Greenwood, AR 72936
- Price: $475,000
- 1 bedroom, 1 bathroom
- Square feet: 1,200
- See 9207 E Highway 252, Greenwood, AR 72936 on Redfin.com
