Is Hot Springs National Park, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Hot Springs National Park was a Buyer's Market.
Housing Prices in Hot Springs National Park, AR
How much do homes in Hot Springs National Park, AR cost?
Median Sold Price
$285,000
$158/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Hot Springs National Park was $285,000 in April 2024, up 8.6% from last month, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $136.2K | $185K | +35.8% |
2 Bedrooms | $218K | $208K | -4.6% |
3 Bedrooms | $251K | $282.5K | +12.5% |
4 Bedrooms | $520K | $491.2K | -5.5% |
5+ Bedrooms | $260K | $477K | +83.5% |
Summary: Hot Springs National Park housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 35.8%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 83.5%.
Median Sold Price Compared To Nearby Cities
Lake Hamilton Township | $289.5K | $352.5K | +21.8% |
Hot Springs National Park | $262.5K | $285K | +8.6% |
Hot Springs Township | $235K | $249.5K | +6.2% |
Hot Springs | $218.5K | $224K | +2.5% |
Whittington Township | $370K | $344K | -7.0% |
Housing Supply in Hot Springs National Park, AR
How many homes are available in Hot Springs National Park, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
514 | 564 | +9.7% |
Summary: The Hot Springs National Park real estate market had 564 homes for sale in April 2024, a 9.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 18 | -14.3% |
2 Bedrooms | 140 | 152 | +8.6% |
3 Bedrooms | 209 | 243 | +16.3% |
4 Bedrooms | 103 | 103 | 0.0% |
5+ Bedrooms | 41 | 48 | +17.1% |
Summary: The Hot Springs National Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 16.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 17.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 101 | +36.5% |
Asking Price vs. Sold Price
63 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 101 homes were sold or pending in Hot Springs National Park in April 2024, up by 36.5% month-over-month. Of the 91 sold homes, 69% were sold under asking, 20% were sold at asking, and 11% were sold over asking.
Days on Market for Hot Springs National Park, AR
We’re sorry, we don't have information for this market at the moment