Is Hot Spring County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Hot Spring County has remained a Seller's Market.
Housing Prices in Hot Spring County, AR
How much do homes in Hot Spring County, AR cost?
Median Sold Price
$142,450
$119/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Hot Spring County was $142,450 in May 2024, down 5% from last month, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $134K | $45K | -66.4% |
3 Bedrooms | $160K | $145K | -9.4% |
4 Bedrooms | $305K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Hot Spring County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 66.4%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Grant County | $219.9K | $260K | +18.2% |
Clark County | $170K | $193K | +13.5% |
Garland County | $285K | $283.5K | -0.5% |
Hot Spring County | $150K | $142.4K | -5.0% |
Saline County | $279K | $259.4K | -7.0% |
Housing Supply in Hot Spring County, AR
How many homes are available in Hot Spring County, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
75 | 78 | +4.0% |
Summary: The Hot Spring County real estate market had 78 homes for sale in May 2024, a 4.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 15 | -11.8% |
3 Bedrooms | 44 | 44 | 0.0% |
4 Bedrooms | 11 | 15 | +36.4% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Hot Spring County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Hot Spring County in May 2024, down by 11.8% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for Hot Spring County, AR
We’re sorry, we don't have information for this market at the moment