New - 14 hours on Rocket
$3,858 Closing Credit¹
#25006701, Kyleigh Scott, Listing Office: Trademark Real Estate, Inc.
Hot Springs Housing Market Report January 2025•Garland County, Arkansas
Housing Prices in Hot Springs, AR
How much do homes in Hot Springs, AR cost?
Housing Market Conditions
Is Hot Springs, AR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Hot Springs is a Buyer's Market
Difference Since December 2024
Last month, Hot Springs has remained a Buyer's Market.
Insight
Hot Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$185,000$150/SqFt
-$14,950
-7.5%
Based on all homes sold in January 2025
Insight
Homes in Hot Springs have sold for 7.5% less than they did a month ago.
Summary: The median home sold price in Hot Springs was $185,000 in January 2025, down 7.5% from last month, and the median price per square foot was $150.
Median Sold Price By Cities
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Whittington Township | $400K | $386.7K | -3.3% |
| Hot Springs | $199.9K | $185K | -7.5% |
| Hot Springs Township | $221.5K | $202.7K | -8.5% |
| Lake Hamilton Township | $364.3K | $325K | -10.8% |
| Hot Springs National Park | $324K | $244.7K | -24.5% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $132.5K | N/A |
| 22 Bedrooms | $135K | $175K | +29.6% |
| 33 Bedrooms | $165K | $228.7K | +38.6% |
| 44 Bedrooms | $375K | $403K | +7.5% |
| 55+ Bedrooms | $396K | - | N/A |
Summary: Hot Springs housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +29.6%. The home price for 3 bedroom homes increased by +38.6%. The home price for 4 bedroom homes increased by +7.5%. The home price for 5 bedroom homes did not change.
Housing supply in Hot Springs, AR
How many homes are available in Hot Springs, AR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 231Last MonthJan 2025 | ||
| 2102 months agoDec 2024 | +10.0 % Change MoMDec – Jan |
Summary: The Hot Springs real estate market had 231 homes for sale in Jan 2025, a 10.0 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 22Last MonthJan 2025 | ||
| 292 months agoDec 2024 | -24.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 4 | 6 | +50.0% |
| 22 Bedrooms | 67 | 85 | +26.9% |
| 33 Bedrooms | 84 | 83 | -1.2% |
| 44 Bedrooms | 38 | 36 | -5.3% |
| 55+ Bedrooms | 17 | 21 | +23.5% |
Summary: Hot Springs housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +26.9%. The inventory for 3 bedroom homes decreased by -1.2%. The inventory for 4 bedroom homes decreased by -5.3%. The inventory for 5 bedroom homes increased by +23.5%.
Asking Price vs. Sold Price
How much do homes in Hot Springs, AR cost?
Over Asking Price3 Homes
At Asking Price4 Homes
Under Asking Price15 Homes
Insight
If you're buying a home in Hot Springs, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Hot Springs in January 2025, down by 24.1% month-over-month. Of the 22 sold homes, 68% were sold under asking, 18% were sold at asking, and and 14% were sold over asking.
Days on Market for Hot Springs, AR
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Hot Springs, AR
What homes are available in Hot Springs, AR?
New - 20 hours on Rocket
$10,000 Closing Credit¹
#25006646, Karol Bailes, Listing Office: Crye-Leike REALTORS
New - 20 hours on Rocket
$1,970 Closing Credit¹
#25006644, Chan Garner, Listing Office: McGraw Realtors - HS
New - 1 day on Rocket
#25006563, Nathan Cain, Listing Office: Pinnacle Realty Advisors
New - 1 day on Rocket
$652 Closing Credit¹
#25006533, Erika Peters, Listing Office: Michele Phillips & Co. REALTORS
New - 2 days on Rocket
$2,136 Closing Credit¹
#25006427, Scott Cook, Listing Office: Cook and Company
New - 2 days on Rocket
$2,078 Closing Credit¹
#25006421, Sarah Barnett, Listing Office: Taylor Realty Group HSV
New - 3 days on Rocket
$2,197 Closing Credit¹
#25006282, Jennifer Goines, Listing Office: Century 21 Parker & Scroggins Realty - Hot Springs
New - 3 days on Rocket
$3,064 Closing Credit¹
#25006268, Mary Currey, Listing Office: Trademark Real Estate, Inc.
New - 4 days on Rocket
$949 Closing Credit¹
#25006186, Randy Whitehead, Listing Office: ESQ. Realty Group - Hot Springs
New - 6 days on Rocket
$3,681 Closing Credit¹
#25006074, Andrea Marks, Listing Office: Hot Springs 1st Choice Realty
New - 6 days on Rocket
$2,363 Closing Credit¹
#25006041, Kristyn Cooley, Listing Office: Crye-Leike REALTORS
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MLS Disclaimers and Copyright
Based on information from Cooperative Arkansas REALTORS® MLS, and Houston REALTORS® Information Service for the period 12/01/2024 - 02/01/2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Cooperative Arkansas Realtors MLS. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 2/21/2025, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.