Hot Springs, AR metro area Housing Market
Cold MarketComprehensive housing market data for the Hot Springs, AR metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$260K
↑ 4.0% YoY
Days on Market
100 days
↑ 61.3% YoY
Active Inventory
772
↑ 2.1% YoY
Homes Sold
109
↑ 16.0% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Hot Springs, AR metro area Market Summary
The Hot Springs, AR metro area housing market is cooling down. As of January 2026, the median home sale price is $260K, up 4.0% year-over-year. Homes are spending a median of 100 days on the market, 61.3% longer than a year ago.
There are 772 homes for sale — 2.1% more than last year. With 7.1 months of supply, this is a buyer's market. 160 new listings were added during this period, down 17.1% year-over-year.
Homes are selling for 93.7% of their list price on average, suggesting room for negotiation. 7.3% of homes sell above their asking price. 16.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
88
Contributing Factors
How This Market Compares
vs. National Median
vs. Arkansas Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 39% below the national median, which could indicate stronger cash flow potential.
Hot Springs, AR metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$275K
Price per Sq Ft
$154
Sale-to-List Ratio
93.7%
Months of Supply
7.1
Sold Above List
7.3%
Price Drops
16.2%
New Listings
160
↓ 17.1% YoY
Pending Sales
152
Off Market in 2 Weeks
20.4%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.