Photo: Brandonrush · CC BY-SA 3.0711 homes sold in Hot Springs in the last year, at a typical $224K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Hot Springs homes are listed.
Every place Hot Springs homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Hot Springs.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
18% of Hot Springs’ sales are condos, at $23K more than a house
555 houses and 128 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 555 sold in the year to May 2026
- Per square foot
- $139AR $157
- Days to sell
- 75
- Sold over asking
- 9%
- Listings with a price cut
- 24%
typical sale · 128 sold in the year to May 2026
- Per square foot
- $196AR $200
- Days to sell
- 113
- Sold over asking
- 3%
- Listings with a price cut
- 20%
Multi-family (2–4 units): 11 sold, typical $188K
Townhouses: 25 sold, typical $258K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
711 sales in the last year, against 1,001 in 2021 and a low of 260 in 2012. The typical sale went from $115K in 2016 to $224K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $200K buys in Hot Springs
Check a listing against what Hot Springs homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Hot Springs are back to pre-pandemic levels, and more homes are for sale
We read every month of Hot Springs’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 711 sales.
If you’re buying in Hot Springs
- Shop in January. It brings about 74 new listings a month, close to the busiest month, with fewer bidding wars (9% over asking).
- Offer under asking. Buyers paid 95.2% of the list price on average; 9% paid over.
- You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 80 days.
Summer brings the homes; winter brings the bidding wars
August has the most new listings (about 92 a month), but December is the most competitive: 14% of December sales close over asking. January offers nearly as much choice with fewer homes bid up (9%). January has the least competition (9%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Arkansas as a whole
| Hot Springs now | 2017–19 | 2021 peak | AR now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 9% | 7% | 19% | 12% |
| Gone within two weeksShare of homes under contract within 14 days | 22% | 17% | 19% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 95.2% | 95% | 97.6% | 96.9% |
| Days to sellMedian days from listing to contract | 80 | 65 | 45 | 62 |
381 homes for sale on a typical day
That’s 2.2 times the 2012 low (175) and 24% more than in 2017–19.
Since 2019, houses are up 72%, condos 50%
A house typically sold for $222K in the year to May 2026 (555 sales), a condo for $245K (128).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Hot Springs ranks 62nd of 74 busy Arkansas markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Hot Springs is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Hot Springs home costs about $1,261 a month
Price: Hot Springs’ typical sale, last 12 months. Property tax at Hot Springs’ 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Hot Springs is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 52.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $224K home, about $1,100 a year.
Taxes vs. neighborsSchools
The schools grade for Hot Springs, from test results, graduation and how much students grow.
Schools in Hot SpringsTypical commute
The average one-way trip to work for people who live in Hot Springs.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Malvern sells for less a square foot; Lake Hamilton and Rockwell for far more
The busier markets within 25 miles of Hot Springs, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Hot Springs | 711 | $224K | $144 | 9% | 80 |
| Hot Springs Village | 691 | $314K | $157 | 11% | 69 |
| Malvern | 104 | $142K | $107 | 14% | 77 |
| Rockwell | 98 | $441K | $194 | 5% | 94 |
| Lake Hamilton | 63 | $516K | $255 | 5% | 160 |
| Haskell | 55 | $282K | $153 | 24% | 111 |
| Piney | 41 | $303K | $167 | 6% | 99 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Hot Springs, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Hot Springs. People who follow the town see it, and so do people comparing Hot Springs with their own town. No commission, no listing fee.
Questions about buying a home in Hot Springs
What do homes sell for in Hot Springs, AR?
711 homes sold in the year to September 2026 at a typical $224K, $144 a square foot. Houses sold for about $222K, condos for about $245K in the year to May 2026.
Is Hot Springs a buyer’s or seller’s market?
A buyer’s market: 405 homes were for sale in September 2026 and 66 sold, about 6.1 months of supply. Buyers paid 95.2% of asking on average.
When is the best time to buy in Hot Springs?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Hot Springs?
About 0.5% of a home’s value a year. On a $224K home that’s near $1,100.
Where can I see homes for sale in Hot Springs?
Zillow, Redfin, Realtor.com and Homes.com all carry Hot Springs’ MLS listings; the search links above open each one filtered to Hot Springs.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).