Fort Smith, AR is seeing rapid growth and Fort Smith, AR's' housing market remains optimal with an average home price that is -39% below the 2023 national average. Fort Smith, AR is part of Sebastian county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2023 for county Sebastian is 0.59% which is below the national average, which is 0.99%.