Is Hot Springs Township, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hot Springs Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Hot Springs Township has remained a Buyer's Market.

Key Takeaway

Hot Springs Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Hot Springs Township, AR cost?

Median Sold Price

$175,000

$115/sqft

Based on all homes sold in September 2022.

Difference Since Last Month

-$115,000(-39.7%)

Key Takeaway

Homes in Hot Springs Township have sold for 39.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSAug 2022Sep 2022%
1 --
N/A
2 $290K-
N/A
3 -$175K
N/A
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Hot Springs Township
-39.7%
Hot Springs
-39.7%

How many homes are available in Hot Springs Township, AR?

Number of Homes For Sale

Aug 2022Sep 2022%
134190+41.8%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 46
+50.0%
2 4260
+42.9%
3 5681
+44.6%
4 2232
+45.5%
5+ 1011
+10.0%

Number of Homes Sold

Aug 2022Sep 2022%
550.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hot Springs Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Aug 2022Sep 2022%
36 Days22 Days-38.9%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hot Springs Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Hot Springs Township, AR

Homes for sale in Hot Springs Township, AR have reached 190. The inventory of homes for sale in Hot Springs Township, AR between August 2022 and September 2022 increased by 41.8%. In September 2022 median list price was $175,000 and the average listing age was 22 days. This housing market listing prices have changed between September 2021 and September 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 0% more expensive, prices of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. This housing market inventory have changed: 1 bedroom homes inventory increased by 50%, the quantity of 2 bedrooms homes went up by 42.9%, 3 bedrooms homes became 44.6% more available, number of 4 bedrooms homes increased by 45.5%, the quantity of 5 bedrooms homes went up by 10%. Hot Springs Township, AR housing market in September 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.

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