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Hot Springs

Why you'd want to live in Hot Springs

Welcome to the City of Hot Springs, a vibrant, progressive community located in the Diamond Lakes region of the scenic Ouachita Mountains in central Arkansas. Hot Springs is located within Garland County. Hot Springs, Arkansas takes its name from the world-famous thermal waters that flow into the historic downtown district of the city. Read an in-depth history of Hot Springs that dates back tens of thousands of years. Community Vision The City of Hot Springs: Works with its agency partners; works with and for its residents Protects and values its natural resources, including its waterways, landscapes, and namesake springs Promotes active, vital neighborhoods including downtown Maintains existing transportation options while diversifying and expanding new ones Helps build prosperity, maintaining strategic, responsible growth Provides affordable, high-quality services and secure, safe environments Works to attract visitors, promoting and enhancing local amenities Promotes community leadership; involves residents in building a better future via cityhs.net

Hot Springs Market Report

$501,287

AVERAGE PRICE OF 596 HOMES

$163,880

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,897,666

AVERAGE PRICE OF 51 MULTI-MILLION DOLLAR HOMES

$760,028

AVERAGE PRICE OF 51 NEWLY BUILT HOMES

$756,682

AVERAGE PRICE OF 76 HOMES WITH A POOL

$442,884

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $501,287
Avg Bedrooms 3.04 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $410,200
2 bedrooms $305,665
3 bedrooms $395,998
4 bedrooms $653,837
5 bedrooms $1,040,225
Hot Springs Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 1,455 1,500 1,446 1,331 1,200
Average Price $439,976 $426,684 $399,972 $386,649 $386,244
Avg Price Change +3.12% +6.68% +3.45% +0.10% +0.38%
Median Price $301,010 $292,958 $286,194 $281,551 $276,392
Med Price Change +2.75% +2.36% +1.65% +1.87% -0.15%
Avg Bedrooms 2.5 beds 2.49 beds 2.49 beds 2.49 beds 2.48 beds
Avg Bathrooms 2.22 baths 1.9 baths 1.9 baths 1.88 baths 1.87 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lakeside 81 $688,356 95 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 596 $501,287 91 days
Distressed Homes 5 $163,880 97 days
Multi-Million Dollar Homes 51 $1,897,666 80 days
Newly Built Homes 51 $760,028 70 days
Homes with a Pool 76 $756,682 89 days
Reduced Price Homes 20 $442,884 65 days
Bergeron Realty Group | Keller Williams Realty Hot Springs
Nancy Bergeron
1820 Central Avenue
Hot Springs, AR 71913
817-879-2853

Information Deemed Reliable but Not Guaranteed. The content relating to real estate for sale on this website appears courtesy of Cooperative Arkansas REALTORS® Multiple Listing Services (CARMLS). Neither CARMLS nor its brokers make any warranties as to the accuracy of the listing information appearing here. Buyers are advised to conVendor/Firm all facts before making purchase decisions. Individual listings appear with the permission of the real estate brokerage Vendor/Firms named as listing offices on the properties. This site does not contain all MLS listings: the listings of some real estate Vendor/Firms do not appear on this site, and some properties listed with Vendor/Firms contributing listings to this site do not appear at the request of the sellers.
Information is provided exclusively 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, and that data is deemed reliable but is not guaranteed accurate by the MLS. Hot Springs Board of Realtors MLS. 7/13/2024 5:27 PM CST
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