The Hot Springs housing market is not very competitive. The median sale price of a home in Hot Springs was $223K last month, up 5.6% since last year. The median sale price per square foot in Hot Springs is $147, up 15.7% since last year.
What is the housing market like in Hot Springs today?
In June 2025, Hot Springs home prices were up 5.6% compared to last year, selling for a median price of $223K. On average, homes in Hot Springs sell after 69 days on the market compared to 57 days last year. There were 72 homes sold in June this year, up from 58 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$222,500
+5.6% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Hot Springs, AR
$222,500
+5.6%
United States
To compare other locations to the Hot Springs and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Hot Springs's median sale price is 51% lower than the national average. Overall cost of living in Hot Springs is 7% lower than the national average. Learn which home features in Hot Springs 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 housing market?
Hot Springs is not very competitive. Homes sell in 60 days.
0
100
29
Not Very 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
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 60 days.
Hot homes
can sell for around list price and go pending in around 36 days.
Main Street Visual & Performing Arts Magnet School
Public • PreK-6
675
Students
N/A
4/10
Cutter-Morning Star Elementary School
Public • PreK-6
356
Students
2 reviews
Only showing 5 of
9 elementary schools.
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 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
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Hot Springs has a major risk of flooding. 3,489 properties in Hot Springs are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in Hot Springs. Flood risk is increasing slower than the national average.
86% of properties are at risk of wildfire over the next 30 years
Fire Factor
Hot Springs has a moderate risk of wildfire. There are 17,688 properties in Hot Springs that have some risk of being affected by wildfire over the next 30 years. This represents 86% of all properties in Hot Springs.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Hot Springs has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Hot Springs is most at risk from hurricanes. 20,326 properties in Hot Springs 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 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.