New - 6 hours on Rocket
$4,020 Closing Credit¹
#25002246, Dana Smith, Listing Office: RE/MAX of Hot Springs Village
Hot Springs Village Housing Market Report December 2024•Garland County, Arkansas
Housing Prices in Hot Springs Village, AR
How much do homes in Hot Springs Village, AR cost?
Housing Market Conditions
Is Hot Springs Village, AR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Hot Springs Village is a Seller's Market
Difference Since November 2024
Last month, Hot Springs Village has remained a Seller's Market.
Insight
Hot Springs Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$318,250$157/SqFt
+$8,250
+2.7%
Based on all homes sold in December 2024
Insight
Homes in Hot Springs Village have sold for 2.7% more than they did a month ago.
Summary: The median home sold price in Hot Springs Village was $318,250 in December 2024, up 2.7% from last month, and the median price per square foot was $157.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Whittington Township | $310K | $400K | +29.0% |
| Hot Springs Village | $310K | $318.2K | +2.7% |
| Marble Township | $365.5K | $350K | -4.2% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $175K | $158.5K | -9.4% |
| 33 Bedrooms | $325K | $322.9K | -0.6% |
| 44 Bedrooms | $556K | $350K | -37.1% |
| 55+ Bedrooms | $801K | $496.5K | -38.0% |
Summary: Hot Springs Village housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -9.4%. The home price for 3 bedroom homes decreased by -0.6%. The home price for 4 bedroom homes decreased by -37.1%. The home price for 5 bedroom homes decreased by -38.0%.
Housing supply in Hot Springs Village, AR
How many homes are available in Hot Springs Village, AR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 244Last MonthDec 2024 | ||
| 2612 months agoNov 2024 | -6.5 % Change MoMNov – Dec |
Summary: The Hot Springs Village real estate market had 244 homes for sale in Dec 2024, a 6.5 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 57Last MonthDec 2024 | ||
| 572 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 37 | 36 | -2.7% |
| 33 Bedrooms | 179 | 168 | -6.1% |
| 44 Bedrooms | 35 | 30 | -14.3% |
| 55+ Bedrooms | 10 | 9 | -10.0% |
Summary: Hot Springs Village housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -2.7%. The inventory for 3 bedroom homes decreased by -6.1%. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 5 bedroom homes decreased by -10.0%.
Asking Price vs. Sold Price
How much do homes in Hot Springs Village, AR cost?
Over Asking Price5 Homes
At Asking Price20 Homes
Under Asking Price31 Homes
Insight
If you're buying a home in Hot Springs Village, you may be able to get a good deal. 55.4% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in Hot Springs Village in December 2024, the same as the previous month. Of the 56 sold homes, 55% were sold under asking, 36% were sold at asking, and and 9% were sold over asking.
Days on Market for Hot Springs Village, AR
How long does it take to sell a home in Hot Springs Village, AR?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Hot Springs Village are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 57 homes were sold in Hot Springs Village; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 152 DaysLast MonthDec 2024 | ||
| 115 Days1 month agoNov 2024 | +32.2 % Change MoMNov – Dec |
Summary: Homes in Hot Springs Village had an average listing age of 152 days in Dec 2024, up by 32.2% compared to the previous month.
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Newest Listings in Hot Springs Village, AR
What homes are available in Hot Springs Village, AR?
New - 8 hours on Rocket
$4,156 Closing Credit¹
#25002221, DuWayne Futch, Listing Office: Big Red Realty
New - 11 hours on Rocket
$3,396 Closing Credit¹
#25002171, Tina Wilson, Listing Office: ERA TEAM Real Estate
New - 14 hours on Rocket
$3,800 Closing Credit¹
#25002148, Karen Thornton, Listing Office: Michele Phillips & Co. REALTORS
New - 1 day on Rocket
#25002126, Kevin Riley, Listing Office: IHP Real Estate
New - 1 day on Rocket
#25002119, Kevin Riley, Listing Office: IHP Real Estate
New - 1 day on Rocket
$10,000 Closing Credit¹
#25002042, Jane Hollansworth, Listing Office: RE/MAX of Hot Springs Village
New - 1 day on Rocket
$2,493 Closing Credit¹
#25002003, Melissa Lax, Listing Office: Lax Realty & Vacation Rentals
New - 1 day on Rocket
$4,738 Closing Credit¹
#25002001, Nancy Bergeron, Listing Office: Keller Williams Realty Hot Springs
New - 2 days on Rocket
$4,631 Closing Credit¹
#25001947, Kimberly Taylor, Listing Office: Taylor Realty Group HSV
New - 2 days on Rocket
$3,503 Closing Credit¹
#25001944, David Hall, Listing Office: The Goff Group Real Estate Company
New - 2 days on Rocket
$3,800 Closing Credit¹
#25001935, Robert Sweeten, Listing Office: Trademark HSV Real Estate
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MLS Disclaimers and Copyright
Based on information from Cooperative Arkansas REALTORS® MLS, Western River Valley Board of REALTORS® MLS, and Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC for the period 11/01/2024 - 01/01/2025
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: 1/17/2025, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright Western River Valley Board of REALTORS® MLS. All rights reserved. Listing information provided in part by the Western River Valley BOR MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Information is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:16:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:16:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: 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 the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors 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: 1/17/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.