Hot Springs, AR Housing Market
The Hot Springs housing market is somewhat competitive. The median sale price of a home in Hot Springs was $240K last month, up 23.1% since last year. The median sale price per square foot in Hot Springs is $118, down 14.8% since last year.
Hot Springs Housing Market Trends
In April 2024, Hot Springs home prices were up 23.1% compared to last year, selling for a median price of $240K. On average, homes in Hot Springs sell after 42 days on the market compared to 37 days last year. There were 77 homes sold in April this year, up from 66 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 3% below list price and go pending in around 47 days.
- Hot homescan sell for around 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 47 days.
- Hot homescan sell for about 1% below list price and go pending in around 23 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 51 days.
- Hot homescan sell for around list price and go pending in around 21 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
- $850,000 Last Sold Price4 beds3 baths3,067 sq ft102 Oak Point Dr, Hot Springs, AR 71901List Price$1,100,000Sale to List23% under listDays on Market329 days102 Oak Point Dr, Hot Springs, AR 71901
- $330,000 Last Sold Price3 beds2.5 baths2,242 sq ft1410 Shady Grove Rd, Hot Springs, AR 71901List Price$344,999Sale to List4% under listDays on Market91 days1410 Shady Grove Rd, Hot Springs, AR 71901
- $600,000 Last Sold Price3 beds2 baths1,624 sq ft1201 Lakeshore Dr #41, Hot Springs, AR 71913List Price$665,000Sale to List10% under listDays on Market36 days1201 Lakeshore Dr #41, Hot Springs, AR 71913
- $385,000 Last Sold Price3 beds2 baths2,379 sq ft306 Willowbend, Hot Springs, AR 71913List Price$419,000Sale to List8% under listDays on Market118 days306 Willowbend, Hot Springs, AR 71913
- $245,000 Last Sold Price4 beds2 baths1,710 sq ft405 Ward St, Hot Springs, AR 71913List Price$250,000Sale to List2% under listDays on Market57 days405 Ward St, Hot Springs, AR 71913
- $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
- $165,000 Last Sold Price3 beds2 baths1,450 sq ft106 Forest Park Pl, Hot Springs, AR 71901List Price$180,000Sale to List8% under listDays on Market224 days106 Forest Park Pl, Hot Springs, AR 71901
- $267,000 Last Sold Price3 beds2 baths1,893 sq ft414 Cedarwood St, Hot Springs, AR 71901List Price$265,000Sale to List1% over listDays on Market45 days414 Cedarwood 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
7/10 Lakeside Middle School Public • 5-7 | 785 Students | 3 reviews |
7/10 Lakeside Intermediate School Public • 2-4 | 803 Students | 4 reviews |
7/10 Park Magnet School Public • PreK-6 | 404 Students | 3 reviews |
4/10 Oaklawn Magnet School Public • PreK-6 | 729 Students | N/A |
4/10 Cutter-Morning Star Elementary School Public • PreK-6 | 329 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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