Hot Springs Village, AR Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Hot Springs Village, AR is $308,250, down 5.7% year-over-year. Homes sell in an average of 89 days with 237 active listings. The market is currently a buyer's market.
$308,250median sale price
Is Hot Springs Village a buyer's or seller's market?
Hot Springs Village, AR is currently a buyer's market, based on 5.4 months of supply and homes selling in about 89 days. How we determine this →
Homes sold
44
Last 12 weeks
Days on market
89
Average pace
Active listings
237
5.4 months supply
Sale-to-list
97.1%
Below asking
Hot Springs Village, AR market data
| Metric | Value |
|---|---|
| Median sale price | $308,250 |
| Median list price | $364,500 |
| Year-over-year price change | -5.7% |
| Average days on market | 89 days |
| Active inventory | 237 listings |
| Months of supply | 5.4 months |
| Sale-to-list price ratio | 97.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Hot Springs Village housing market is currently classified as a buyer's market with a median sale price of $308,250. Prices have fallen 5.7% compared to last year, with homes spending an average of 89 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Hot Springs Village
There are currently 237 homes listed for sale in Hot Springs Village, Arkansas. The median listing price is $365K.
Active listings
237
Homes on market
Median list price
$365K
Avg. days on market
89
Days until sale
New this week
68
Newly listed
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Frequently asked questions
What is the average home price in Hot Springs Village?
The median home sale price in Hot Springs Village is $308,250, down 5.7% from last year.
How long do homes stay on market in Hot Springs Village?
Homes typically spend 89 days on market before going under contract.
Is Hot Springs Village a buyer's or seller's market?
With 5.4 months of supply, Hot Springs Village is currently a buyer's market.
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