The Downtown Hot Springs housing market is somewhat competitive. The median sale price of a home in Downtown Hot Springs was $213K last month, up 39.3% since last year. The median sale price per square foot in Downtown Hot Springs is $136, down 6.8% since last year.
What is the housing market like in Downtown Hot Springs today?
In March 2024, Downtown Hot Springs home prices were up 39.3% compared to last year, selling for a median price of $213K. On average, homes in Downtown Hot Springs sell after 69 days on the market compared to 22 days last year. There were 12 homes sold in March this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$212,500
+39.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Hot Springs, AR
$212,500
+39.3%
United States
To compare other locations to the Downtown Hot Springs and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. 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 Downtown Hot Springs housing market?
Downtown Hot Springs is somewhat competitive. Homes sell in 43 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 9 months
Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 43 days.
Hot homes
can sell for around list price and go pending in around 28 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.2%
+0.7 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Hot Springs, AR
97.2%
+0.7 pt
United States
Home offer insights for Downtown Hot Springs
Explore recent offers and recently sold homes in Downtown Hot Springs
Recent offers
View houses in Downtown Hot Springs that sold recently
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
3/10
Langston Magnet School
Public • PreK-6 • Choice school
472
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 Downtown Hot Springs housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Hot Springs.
Risk Factor
Flood Factor - Major
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Hot Springs has a major risk of flooding. 682 properties in Downtown Hot Springs are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in Downtown Hot Springs. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Hot Springs has a moderate risk of wildfire. There are 3,076 properties in Downtown Hot Springs that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Downtown Hot Springs.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Hot Springs has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Hot Springs is most at risk from hurricanes. 3,076 properties in Downtown 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 65 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 68 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Hot Springs has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Downtown Hot Springs have a Major Heat Factor®.
Downtown Hot Springs is expected to see a 171% increase in the number of days over 112ºF over the next 30 years. Downtown Hot Springs is expected to experience 6