Hot Springs, AR Housing Market
The Hot Springs housing market is somewhat competitive. The median sale price of a home in Hot Springs was $230K last month, up 21.1% since last year. The median sale price per square foot in Hot Springs is $150, up 22.4% since last year.
Hot Springs Housing Market Trends
In March 2024, Hot Springs home prices were up 21.1% compared to last year, selling for a median price of $230K. On average, homes in Hot Springs sell after 65 days on the market compared to 31 days last year. There were 53 homes sold in March this year, down from 78 last year.
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How hot is the Hot Springs housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 45 days.
- Hot homescan sell for around list price and go pending in around 25 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 5% below list price and go pending in around 39 days.
- Hot homescan sell for about 1% below list price and go pending in around 22 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 5% below list price and go pending in around 53 days.
- Hot homescan sell for around list price and go pending in around 19 days.
Hot Springs Migration & Relocation Trends
Home offer insights for Hot Springs
Recent offers
View houses in Hot Springs that sold recently
Recently sold homes
- $390,000 Last Sold Price3 beds2 baths2,095 sq ft229 Forest Lakes Blvd, AR 71913List Price$394,000Sale to List1% under listDays on Market227 days229 Forest Lakes Blvd, AR 71913
- $195,000 Last Sold Price3 beds2 baths1,744 sq ft207 Lakeside Rd, Hot Springs, AR 71901List Price$215,000Sale to List9% under listDays on Market88 days207 Lakeside Rd, Hot Springs, AR 71901
- $155,000 Last Sold Price2 beds1 bath1,059 sq ft403 W St Louis, Hot Springs, AR 71913List Price$152,000Sale to List2% over listDays on Market48 days403 W St Louis, Hot Springs, AR 71913
- $189,000 Last Sold Price3 beds2 baths1,829 sq ft107 Forest Park Pl, Hot Springs, AR 71901List Price$189,000Sale to List0% over listDays on Market44 days107 Forest Park Pl, Hot Springs, AR 71901
- $78,000 Last Sold Price2 beds1 bath796 sq ft1646 Hobson St, Hot Springs, AR 71913List Price$83,500Sale to List7% under listDays on Market37 days1646 Hobson St, Hot Springs, AR 71913
- $190,000 Last Sold Price2 beds1 bath1,344 sq ft120 Garens St, Hot Springs, AR 71913List Price$225,000Sale to List16% under listDays on Market91 days120 Garens St, Hot Springs, AR 71913
- $350,000 Last Sold Price2 beds2 baths1,000 sq ft1276 Twin Points Rd, Hot Springs, AR 71913List Price$350,000Sale to List0% over listDays on Market55 days1276 Twin Points Rd, Hot Springs, AR 71913
- $90,000 Last Sold Price3 beds1 bath1,300 sq ft117 Eddy St, Hot Springs, AR 71901List Price$110,000Sale to List18% under listDays on Market26 days117 Eddy St, Hot Springs, AR 71901
See all recently sold homes in Hot Springs.
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Schools in Hot Springs
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Park Magnet School Public • PreK-6 • Choice school | 322 Students | 3 reviews |
7/10 Lakeside Intermediate School Public • 2-4 | 802 Students | 4 reviews |
6/10 Lakeside Middle School Public • 5-7 | 875 Students | 3 reviews |
6/10 Gardner Magnet School Public • PreK-6 • Choice school | 525 Students | 2 reviews |
5/10 Cutter-Morning Star Elementary School Public • PreK-6 | 347 Students | 2 reviews |
Climate's impact on Hot Springs housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Hot Springs.
Flood Factor - Major
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Hot Springs
Walk Score®
Bike Score®
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