The Hot Springs Village housing market is somewhat competitive. The median sale price of a home in Hot Springs Village was $317K last month, up 9.7% since last year. The median sale price per square foot in Hot Springs Village is $159, up 4.2% since last year.
What is the housing market like in Hot Springs Village today?
In October 2024, Hot Springs Village home prices were up 9.7% compared to last year, selling for a median price of $317K. On average, homes in Hot Springs Village sell after 66 days on the market compared to 47 days last year. There were 64 homes sold in October this year, up from 56 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$317,000
+9.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Hot Springs Village, AR
$317,000
+9.7%
United States
To compare other locations to the Hot Springs Village and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Hot Springs Village's median sale price is 29% lower than the national average. Overall cost of living in Hot Springs Village is 8% higher than the national average. Learn which home features in Hot Springs Village add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Hot Springs Village housing market?
Hot Springs Village is somewhat competitive. Homes sell in 56 days.
0
100
42
Somewhat Competitive
Redfin Compete Score™
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 3% below list price and go pending in around 56 days.
Hot homes
can sell for around list price and go pending in around 27 days.
Learn about schools in the Hot Springs Village area
Elementary
Middle
High
GreatSchools Rating
6/10
Jessieville Elementary School
Public • PreK-5
372
Students
1 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Hot Springs Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Hot Springs Village.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Hot Springs Village has a minor risk of flooding. 2,764 properties in Hot Springs Village are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Hot Springs Village. Flood risk is increasing slower than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
Hot Springs Village has a moderate risk of wildfire. There are 35,288 properties in Hot Springs Village that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in Hot Springs Village.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Hot Springs Village has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Hot Springs Village is most at risk from hurricanes. 35,770 properties in Hot Springs Village have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 82 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Hot Springs Village has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Hot Springs Village have a Major Heat Factor®.
Hot Springs Village is expected to see a 185% increase in the number of days over 111ºF over the next 30 years. Hot Springs Village is expected to experience 8