Is Hot Springs Township, 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 Township was a Neutral Market.
Housing Prices in Hot Springs Township, AR
How much do homes in Hot Springs Township, AR cost?
Median Sold Price
$249,500
$148/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Hot Springs Township was $249,500 in April 2024, up 6.2% from last month, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $132.5K | $185K | +39.6% |
2 Bedrooms | $210.5K | $168K | -20.2% |
3 Bedrooms | $235K | $285K | +21.3% |
4 Bedrooms | $647.5K | $327K | -49.5% |
5+ Bedrooms | $260K | $258K | -0.8% |
Summary: Hot Springs Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 39.6%, 2 bedroom homes decreased by 20.2%, 3 bedroom homes increased by 21.3%, 4 bedroom homes decreased by 49.5%, and 5+ bedroom homes decreased by 0.8%.
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 Township, AR
How many homes are available in Hot Springs Township, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
315 | 332 | +5.4% |
Summary: The Hot Springs Township real estate market had 332 homes for sale in April 2024, a 5.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 14 | -12.5% |
2 Bedrooms | 103 | 107 | +3.9% |
3 Bedrooms | 123 | 141 | +14.6% |
4 Bedrooms | 49 | 45 | -8.2% |
5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Hot Springs Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 63 | +28.6% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 63 homes were sold or pending in Hot Springs Township in April 2024, up by 28.6% month-over-month. Of the 56 sold homes, 68% were sold under asking, 23% were sold at asking, and 9% were sold over asking.
Days on Market for Hot Springs Township, AR
We’re sorry, we don't have information for this market at the moment