Hot Springs, AR Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Hot Springs, AR offers balanced conditions for buyers.

  • Prices are essentially flat (-0.8% YoY) — good negotiating leverage for buyers.
  • Price-to-rent ratio: 15.8 — buying and renting are roughly comparable.

Median Home Value

$239,041

ZHVI

Year-over-Year

-0.8%

Price change

5-Year Change

+39.3%

Since 2021

Median Rent

$1,261/mo

ZORI

Active Listings

980

For sale

State Avg

$219,754

Arkansas

Home Value Trends

5-year Zillow Home Value Index for Hot Springs, AR vs. state and national averages.

Rent Data

Median Rent

$1,261/mo

Rent YoY Change

+3.8%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.