Ft. Smith, AR Real Estate
According to census data in the year 2000 there were 35,353 housing units in Ft. Smith.
This represents a 7% growth from 33,054 in 1990.
Of those housing units, 35,093 were located in either urbanized areas or urban clusters, and 260 were located in what is classified as a rural area.
Homeownership rate in Ft. Smith is about 56.4%.
Ft. Smith's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Ft. Smith were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 17.70% |
| Two Bedrooms | 30% |
| Three Bedrooms | 38.80% |
| Four Bedrooms | 9.60% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $74,200 |
| Median Price asked for vacant units | $58,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $335 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 54.90% |
| Debt Free | 35.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
