Hot Springs Village Housing Market Report March 2025•Garland County, Arkansas

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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?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Hot Springs Village is a Neutral Market

Difference Since March 2024

At the same time last year, Hot Springs Village was a Seller's Market.

Insight

Hot Springs Village is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$319,000$157/SqFt
+$29,000
+10.0%

Based on all homes sold in the last 12 months

Insight

Homes in Hot Springs Village have sold for 10% more than they did a year ago.

Summary: The median home sold price in Hot Springs Village was $319,000 in March 2025, up 10% from last year, and the median price per square foot was $157.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Hot Springs Village
+10.0%
Whittington Township
+6.2%
Marble Township
+1.9%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1--
N/A
2$165K$170K
+3.0%
3$306.1K$335K
+9.4%
4$545K$429K
-21.3%
5$899.9K$693K
-23.0%

Summary: Hot Springs Village housing price by bedroom type for March 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 +3.0%. The home price for 3 bedroom homes increased by +9.4%. The home price for 4 bedroom homes decreased by -21.3%. The home price for 5 bedroom homes decreased by -23.0%.

How does Hot Springs Village, AR compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Hot Springs Village, AR

Housing supply in Hot Springs Village, AR

How many homes are available in Hot Springs Village, AR?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
344Last MonthMar 2025
2832 months agoFeb 2025
+21.6 %
Change MoMFeb – Mar

Summary: The Hot Springs Village real estate market had 344 homes for sale in Mar 2025, a 21.6 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
54Last MonthMar 2025
422 months agoFeb 2025
+28.6 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
111
0.0%
25365
+22.6%
3187209
+11.8%
43657
+58.3%
5612
+100.0%

Summary: Hot Springs Village housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +22.6%. The inventory for 3 bedroom homes increased by +11.8%. The inventory for 4 bedroom homes increased by +58.3%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Hot Springs Village, AR cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price8 Homes

At Asking Price9 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. 64.6% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in Hot Springs Village in March 2025, up by 28.6% month-over-month. Of the 48 sold homes, 65% were sold under asking, 19% were sold at asking, and and 17% 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 Days1 Home

30 – 90 Days8 Homes

Over 90 Days4 Homes

Insight

Avg time on Rocket Homes in Hot Springs Village has remained consistent over time.

Summary: During March 2025, 54 homes were sold in Hot Springs Village; 2% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
86 DaysThis YearMar 2025
126 Days1 year agoMar 2024
-31.1 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Hot Springs Village had an average listing age of 86 days in Mar 2025, down by 31.1% compared to the previous year.

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Newest Listings in Hot Springs Village, AR

What homes are available in Hot Springs Village, AR?

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MLS Disclaimers and Copyright

Based on information from Cooperative Arkansas REALTORS® MLS, Hot Springs Board of Realtors MLS, Western River Valley Board of REALTORS® MLS, ArkansasONE MLS, and Texarkana Board of REALTORS MLS for the period 04/01/2023 - 04/01/2025

IDXThe 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: 4/11/2025, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025, Hot Springs Board of REALTORS® MLS. All rights reserved. Information deemed reliable but is not guaranteed.

IDX The data relating to real estate for sale on this web site comes in part from the Hot Springs Data Share Program of the Hot Springs Multiple Listing Service. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/11/2025, 12:16:00 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: 4/11/2025, 12:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity 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: 4/11/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Texarkana Board of REALTORS® MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/11/2025, 12:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.