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Sarah Mitchell

CNESRESABR

Compass Real Estate · Hot Springs Village, AR

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Hot Springs Village, AR(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Hot Springs Village, AR Housing Market & Real Estate

Leaning buyer's-17.5% YoY

Housing market overview · Updated monthly ·

$268,000median sale price

How is the Hot Springs Village, AR housing market right now?

The median home sale price in Hot Springs Village, AR is $268,000, down 17.5% year-over-year. Homes sell in an average of 49 days with 282 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Hot Springs Village a buyer's or seller's market?

Leaning buyer's5.3 months of supply49 avg. days on market

Hot Springs Village, AR is currently a leaning buyer's, based on 5.3 months of supply and homes selling in about 49 days. How we determine this →

Homes sold

53

Last 12 weeks

Days on market

49

Average pace

Active listings

282

5.3 months supply

Sale-to-list

97.4%

Below asking

What does the Hot Springs Village housing market data show?

Current housing market statistics for Hot Springs Village, AR
MetricValue
Median sale price$268,000
Median list price$369,000
Year-over-year price change-17.5%
Average days on market49 days
Active inventory282 listings
Months of supply5.3 months
Sale-to-list price ratio97.4%
Median price per sq ft$150/sq ft
Homes sold (latest month)53
New listings (latest month)85
Listings with a price cut31.9%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Hot Springs Village by property type?

How the Hot Springs Village, AR market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Hot Springs Village, AR
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$300,000$156/sq ft4440 days
Condo / Co-op$135,000$118/sq ft3109 days
Townhouse$158,000$117/sq ft7111 days

Source: Redfin · Updated monthly

The Hot Springs Village housing market is currently classified as a leaning buyer's with a median sale price of $268,000. Prices have fallen 17.5% compared to last year, with homes spending an average of 49 days on market, indicating 5.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.

Homes for sale in Hot Springs Village

There are currently 282 homes listed for sale in Hot Springs Village, Arkansas. The median listing price is $369K.

Active listings

282

Homes on market

Median list price

$369K

Avg. days on market

49

Days until sale

New this week

85

Newly listed

Price drops:31.9%of listings
Sale-to-list:97.4%

Who lives in Hot Springs Village?

Population

16,509

Median income

$69,953/yr

Median age

69.8 years

Owner-occupied

86.5%

College grads

35.0%

Avg commute

29.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Hot Springs Village?

Zillow home value

$309,923

Price-to-income

4.4x

Source: Zillow Research

What is it like to live in Hot Springs Village?

Hot Springs Village is a community of approximately 17K residents with a median age of 69.8 years.The median household income is $69,953, which represents a working-class community with solid middle-income opportunities. 35.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 86.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hot Springs Village offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Hot Springs Village, AR?

Want a head-to-head view? Compare Hot Springs Village side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Hot Springs Village?

The median home sale price in Hot Springs Village is $268,000, down 17.5% from last year.

How long do homes stay on market in Hot Springs Village?

Homes typically spend 49 days on market before going under contract.

What is the median income in Hot Springs Village?

The median household income is $69,953 per year.

Is Hot Springs Village a buyer's or seller's market?

With 5.3 months of supply, Hot Springs Village is currently a leaning buyer's.

What is the Zillow home value estimate for Hot Springs Village?

The Zillow Home Value Index (ZHVI) for Hot Springs Village is $309,923, representing the typical home value in the area.

What is the median condo price in Hot Springs Village?

The median condo/co-op sale price in Hot Springs Village, AR is $135,000, compared to $300,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Hot Springs Village?

The median single-family home price in Hot Springs Village, AR is $300,000 (about $156 per square foot).

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