What is the median home price in The Terraces Historic District, Fort Smith?

The median home price in The Terraces Historic District is $262,750, up 22% year-over-year. Homes sell in a median of 52 days. The sale-to-list ratio is 98.6%.

How much does it cost to sell a home in The Terraces Historic District?

On a $262,750 home in The Terraces Historic District, a traditional agent charges around 3% — about $7,883. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $4,384 while getting MLS listing and expert support.

How long does it take to sell a home in The Terraces Historic District?

The median home in The Terraces Historic District spends 52 days on market. 4 homes sold recently in this neighborhood.

Is The Terraces Historic District a good neighborhood to sell in right now?

The Terraces Historic District had 4 homes sell recently at a median of $262,750. Sellers are getting 98.6% of their asking price. Ridley's flat fee means you keep more regardless of market conditions.

National/Arkansas/Fort Smith

The Terraces Historic District · Fort Smith, AR

Is Now a Good Time to Sell in The Terraces Historic District, Fort Smith?

The median home in The Terraces Historic District sells for $262,750 with prices up 22% year-over-year. Ridley's flat fee saves you $4,384.

The Terraces Historic District Real Estate Market Conditions

55out of 100

Ridley Sell Score

How it's scored →

Moderate

55/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The The Terraces Historic District market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Arkansas average is 4.6.

Price MomentumFavors sellers

Prices up 22.20930233% year-over-year — vs. +6.6% statewide.

Seller LeverageNeutral

Homes selling at 98.6% of asking — buyers are negotiating 1.4% below list. Arkansas average is 97.1%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Arkansas average of 12.2%.

Sale SpeedFavors sellers

52 median days on market — 16 days faster than the Arkansas average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 19.6% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Arkansas average is 19%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$262,750

+22%

Days on Market

Price per Sq Ft

$111

Sale-to-List Ratio

98.6%

Homes Sold

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Fort Smith — delivered monthly.

Your savings

How much can you save selling in The Terraces Historic District?

$0Estimated savings

That could furnish your new living room — save 1.7% of your home value

Your The Terraces Historic District home value

$262,750

$50,000$10M

Traditional Agent (3%)

$7,883

Ridley Pro (flat fee)

$3,499

Ready to sell in The Terraces Historic District?

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Cost comparison

Cost to sell in The Terraces Historic District

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$7,883	$3,499	$999
Buyer agent	$7,3572.8% avg	$5,255~2% avg	$5,255~2% avg
Closing costs (~1.5%)	$3,941	$3,941	$3,941
Total cost	$19,181	$12,695	$10,195
You save	—	$4,384	$6,884

Based on the The Terraces Historic District median home price of $262,750. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in The Terraces Historic District

A flat fee of $3,499 instead of the typical $7,883 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using The Terraces Historic District market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere The Terraces Historic District buyers look — plus a custom Ridley listing page with AI chat.