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Sebastian County home listings asked for less money in June - see the current median price here

Fort Smith Area Real Estate Transactions: Comprehensive Listings for the Week of July 18, 2025

By [Your Name], Staff Writer

FORT SMITH, Ark. – The real estate market in the Fort Smith region continues to show robust activity as we move through the summer of 2025. With a mix of residential, commercial, and land sales, the week of July 18 brought a diverse array of transactions that reflect ongoing trends in housing demand, investment opportunities, and community development. According to data compiled from Sebastian County records, a total of 78 properties changed hands during this period, with an aggregate value exceeding $12.5 million. This week's listings highlight a surge in suburban home sales, particularly in areas like Greenwood and Van Buren, where families are drawn to affordable housing options amid rising urban costs.

The Fort Smith metropolitan area, encompassing parts of Sebastian and Crawford counties, has seen a steady uptick in real estate activity over the past year. Factors such as remote work flexibility, low interest rates (hovering around 4.2% for 30-year fixed mortgages), and an influx of retirees from neighboring states have fueled this growth. Local realtors report that single-family homes remain the hottest commodity, with average sale prices climbing to $225,000 – a 7% increase from the same period in 2024. Commercial properties, including retail spaces and small office buildings, are also gaining traction as businesses recover from recent economic fluctuations.

In this extensive roundup, we'll break down the transactions by category and location, providing details on buyers, sellers, property descriptions, and sale prices. These listings are drawn from official county deeds and offer a snapshot of the market's vitality. Whether you're a prospective buyer, investor, or simply curious about neighborhood shifts, this compilation serves as a valuable resource.

Residential Sales in Fort Smith Proper

Starting in the heart of Fort Smith, residential sales dominated the week's activity. A standout transaction involved a charming three-bedroom Craftsman-style home at 1425 North 12th Street, sold for $285,000. The property, built in 1925 and recently renovated with modern amenities like granite countertops and energy-efficient windows, was purchased by the Thompson family from out-of-state sellers, the Harrisons. This sale underscores the appeal of historic districts, where buyers seek character combined with contemporary comforts.

Nearby, at 2108 South O Street, a spacious four-bedroom ranch home fetched $310,000. Sellers John and Mary Ellis transferred the deed to first-time homebuyers Alex and Jordan Ramirez. The 2,200-square-foot residence features a large backyard, ideal for families, and includes updates such as a new HVAC system installed in 2023. This neighborhood, known for its proximity to downtown amenities and schools like Northside High, continues to attract young professionals.

Further south, in the Fianna Hills subdivision, a luxurious five-bedroom estate at 4502 Fianna Way sold for $475,000. The property boasts high-end finishes, including a gourmet kitchen, home theater, and a swimming pool. Longtime residents the Parkers sold to the incoming CEO of a local manufacturing firm, highlighting how executive relocations are boosting high-end sales.

Other notable residential deals in Fort Smith include:

918 Garrison Avenue: A two-bedroom condo in a converted warehouse, sold for $195,000 by Urban Renewal LLC to investor Sarah Kline.

3417 Rogers Avenue: A mid-century modern home with three bedrooms, purchased for $240,000 by the Patel family from sellers the Wilsons.

5600 Phoenix Avenue: A newly built townhouse, four bedrooms, sold for $320,000 to retirees moving from Oklahoma.

These sales reflect a median price of $280,000 in the city limits, with an average time on market of just 45 days – a sign of competitive bidding.

Suburban and Rural Residential Transactions

Venturing into the suburbs, Greenwood saw a flurry of activity with 15 homes sold. A highlight was the transaction at 78 Eagle Drive, a four-bedroom colonial on a half-acre lot, which went for $365,000. Sellers the Millers, who had owned the property for over a decade, passed it to the growing Brooks family. The home includes a finished basement and scenic views of nearby Bell Park, making it a prime spot for outdoor enthusiasts.

In Van Buren, across the Arkansas River, a riverside property at 112 Riverfront Road sold for $290,000. This three-bedroom bungalow, with direct access to fishing spots, was bought by avid angler couple the Fosters from sellers who relocated for work. The area's appeal lies in its blend of small-town charm and easy commute to Fort Smith.

Rural areas in Sebastian County also featured prominently. A 10-acre homestead at 456 County Road 89, complete with a three-bedroom farmhouse and barn, sold for $420,000 to agricultural investors the Greens. This transaction points to a growing interest in hobby farms and sustainable living, with buyers seeking space for gardens and livestock.

Additional suburban listings:

Greenwood: 210 Maple Lane, three-bedroom split-level, $255,000, sold by the Johnsons to the Lees.

Van Buren: 89 Oak Street, four-bedroom Victorian, $335,000, transferred from the Smiths to the Garcias.

Barling: 145 Cedar Court, two-bedroom starter home, $180,000, bought by young couple the Davises.

Hackett: 678 Rural Route 2, five-acre parcel with modular home, $275,000, sold to the Thompsons.

These deals averaged $300,000, with land-inclusive properties commanding premiums due to the region's natural beauty.

Commercial and Investment Properties

Shifting to commercial real estate, the week included several key sales that signal economic optimism. In downtown Fort Smith, a 5,000-square-foot retail space at 789 Garrison Avenue sold for $650,000. Previously a boutique, it's now owned by a chain coffee shop franchise, indicating a revival in foot traffic post-pandemic.

A warehouse at 2301 Industrial Park Road in Van Buren fetched $800,000, purchased by logistics firm Midwest Haulers from longtime owners Industrial Partners LLC. The 20,000-square-foot facility includes loading docks and ample parking, perfect for distribution operations.

Investment properties also moved briskly. A multi-family unit at 456 South 16th Street, comprising four apartments, sold for $450,000 to real estate group Capital Investments. This reflects a trend toward rental properties as housing affordability challenges persist.

Other commercial highlights:

101 Main Street, Alma: Office building, 3,000 sq ft, $400,000, sold to tech startup Innovate AR.

567 Highway 71, Mountainburg: Gas station and convenience store, $550,000, transferred to national chain operators.

890 Zero Street, Fort Smith: Vacant lot zoned for commercial, $150,000, bought for future development.

These transactions total over $3 million, underscoring business confidence in the region's infrastructure improvements, such as the ongoing I-49 expansions.

Land and Undeveloped Parcels

Land sales rounded out the week's activity, with 12 parcels changing hands. A prime 15-acre tract at 1234 Highway 64 East sold for $180,000 to developers planning a residential subdivision. This move aligns with efforts to address housing shortages in growing areas.

In Crawford County, a wooded 20-acre lot at 789 Forest Trail went for $120,000, ideal for custom home builds or recreational use. Buyers, a family trust, aim to preserve it as a private retreat.

Additional land deals:

5 acres on Zero Mountain Road: $75,000, sold for potential solar farm.

8 acres in Lavaca: $90,000, purchased by farmers expanding operations.

2-acre commercial plot in Greenwood: $100,000, for retail expansion.

Market Insights and Future Outlook

Overall, the week of July 18, 2025, paints a picture of a dynamic real estate landscape in the Fort Smith area. With residential sales making up 65% of transactions, the market favors family-oriented properties, while commercial deals suggest economic diversification. Experts like local realtor Emily Carter note that inventory remains tight, advising buyers to act quickly. "We're seeing multiple offers on well-priced homes," she says. "The key is preparation – get pre-approved and know your must-haves."

Looking ahead, anticipated developments such as new school constructions and park enhancements could further elevate property values. For those interested in exploring these opportunities, contacting local agencies or visiting county assessor offices is recommended.

This comprehensive overview captures the essence of the Fort Smith real estate scene, providing transparency and insight into community growth. Stay tuned for next week's listings as the market evolves.

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Read the Full Southwest Times Record Article at:
[ https://www.swtimes.com/story/news/local/2025/07/29/real-estate-listings-07182025/85283781007/ ]