Lake Hamilton Township Housing Market Report February 2025•Garland County, Arkansas

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Housing Prices in Lake Hamilton Township, AR

How much do homes in Lake Hamilton Township, AR cost?

Housing Market Conditions

Is Lake Hamilton Township, 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

Lake Hamilton Township is a Buyer's Market

Difference Since February 2024

At the same time last year, Lake Hamilton Township was a Seller's Market.

Insight

Lake Hamilton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$340,000$173/SqFt
-$20,000
-5.6%

Based on all homes sold in the last 12 months

Insight

Homes in Lake Hamilton Township have sold for 5.6% less than they did a year ago.

Summary: The median home sold price in Lake Hamilton Township was $340,000 in February 2025, down 5.6% from last year, and the median price per square foot was $173.

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
+7.6%
Hot Springs Township
+7.1%
Hot Springs National Park
+0.7%
Lake Hamilton Township
-5.6%

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.
BedsFeb 2024Feb 2025Change YoY
1$180K$257.7K
+43.2%
2$366.2K$345K
-5.8%
3$285.6K$297.6K
+4.2%
4$454.5K$435K
-4.3%
5$1.5M$1.2M
-15.2%

Summary: Lake Hamilton Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +43.2%. The home price for 2 bedroom homes decreased by -5.8%. The home price for 3 bedroom homes increased by +4.2%. The home price for 4 bedroom homes decreased by -4.3%. The home price for 5 bedroom homes decreased by -15.2%.

How does Lake Hamilton Township, AR compare with other places?

Market comparison tool

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

Lake Hamilton Township, AR

Housing supply in Lake Hamilton Township, AR

How many homes are available in Lake Hamilton Township, 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
425Last MonthFeb 2025
2002 months agoJan 2025
+112.5 %
Change MoMJan – Feb

Summary: The Lake Hamilton Township real estate market had 425 homes for sale in Feb 2025, a 112.5 % increase compared to Jan 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
41Last MonthFeb 2025
242 months agoJan 2025
+70.8 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
1310
+233.3%
23586
+145.7%
387161
+85.1%
454119
+120.4%
52149
+133.3%

Summary: Lake Hamilton Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +233.3%. The inventory for 2 bedroom homes increased by +145.7%. The inventory for 3 bedroom homes increased by +85.1%. The inventory for 4 bedroom homes increased by +120.4%. The inventory for 5 bedroom homes increased by +133.3%.

Asking Price vs. Sold Price

How much do homes in Lake Hamilton Township, 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 Price2 Homes

At Asking Price6 Homes

Under Asking Price27 Homes

Insight

If you're buying a home in Lake Hamilton Township, you may be able to get a good deal. 77.1% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Lake Hamilton Township in February 2025, up by 70.8% month-over-month. Of the 35 sold homes, 77% were sold under asking, 17% were sold at asking, and and 6% were sold over asking.

Days on Market for Lake Hamilton Township, AR

How long does it take to sell a home in Lake Hamilton Township, AR?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days8 Homes

Over 90 Days9 Homes

Insight

Most homes in Lake Hamilton Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 41 homes were sold in Lake Hamilton Township; 2% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 22% 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
110 DaysThis YearFeb 2025
97 Days1 year agoFeb 2024
+12.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Lake Hamilton Township had an average listing age of 110 days in Feb 2025, up by 12.8% compared to the previous year.

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Newest Listings in Lake Hamilton Township, AR

What homes are available in Lake Hamilton Township, AR?

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MLS Disclaimers and Copyright

Based on information from Hot Springs Board of Realtors MLS, and Cooperative Arkansas REALTORS® MLS for the period 03/01/2023 - 03/01/2025

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: 3/15/2025, 5:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 3/15/2025, 5:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.