Housing in Hot Springs, AR

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$187,250

Median List Price

$269,000

Price Per Sq Ft

$152

Days on Market

74

Active Inventory

342

Months of Supply

8.6

Buyer's market

Zillow Home Value

$235,779

ZHVI — January 2026

Zillow Rent Index

$1,299

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 17.5%List Price 8.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

2.5%

Off Market in 2 Weeks

28.6%

Sale-to-List Ratio

94.3%

Buyer's market

Sold Above Asking
2.5%
Under Contract in 2 Wks
28.6%
Listings with Price Drops
17.0%

Market Activity

Source: Redfin

Homes Sold

40

New Listings

74

Pending Sales

70

Homes Sold 21.6%New Listings 37.3%Pending 18.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$152

Median List $/SF

$165

Sale $/SF 0.7%List $/SF 7.1%Mar 24Jan 26

Hot Springs vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Hot Springs is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$156,900

Median Rent

$902

Total Housing Units

21,652

Vacancy Rate

17.7%

Owner Occupied

57.0%

Renter Occupied

43.0%

Median Property Tax

$834

per year

Monthly Cost (w/ Mortgage)

$749

Housing Types

Single Family
65.1%
Multi-Family
31.0%
Mobile Home
3.8%

The current median sale price in Hot Springs, AR is $187,250 according to Redfin data. Homes spend a median of 74 days on the market. 2.5% of homes sold above asking price. The market has 8.6 months of supply. The median price per square foot is $152. Zillow's observed rent index is $1,299/month. About 57.0% of housing units are owner-occupied. The median year homes were built is 1972. There are 21,652 total housing units.