$3,978 Closing Credit*
$335,000
3,860 SqFt
5 Beds
•3 Full Baths, 1 Partial
#24042203, Danny Riggan, Listing Office: McClure Real Estate
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
Last month, Hot Spring County was a Neutral Market.
Key Takeaway
Hot Spring County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hot Spring County, AR
How much do homes in Hot Spring County, AR cost?
Median Sold Price
$175,000
$100/sqft
Based on all homes sold in October 2024.
The Median Sold Price hasn't changed since September 2024.
Key Takeaway
The sold price of homes in Hot Spring County has remained the same since last month.
Summary: The median home sold price in Hot Spring County was $175,000 in October 2024, the same as last month, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $232K | $123K | -47.0% |
| 3 Bedrooms | $175K | $144K | -17.7% |
| 4 Bedrooms | - | $217.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Hot Spring County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 47%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Clark County | $152K | $160K | +5.3% |
| Saline County | $241K | $248K | +2.9% |
| Hot Spring County | $175K | $175K | 0.0% |
| Garland County | $295K | $275K | -6.8% |
| Grant County | $236.7K | $219K | -7.5% |
Housing Supply in Hot Spring County, AR
How many homes are available in Hot Spring County, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 | 98 | +2.1% |
Summary: The Hot Spring County real estate market had 98 homes for sale in October 2024, a 2.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 20 | 21 | +5.0% |
| 3 Bedrooms | 54 | 53 | -1.9% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Hot Spring County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hot Spring County, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Hot Spring County in October 2024, down by 13.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 46% were sold at asking, and 15% 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
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.