Hot Springs housing market: home prices, trends and forecast
Hot Springs home prices: in September 2026, the Zillow Home Value Index, 0% from a year earlier, valued the typical Hot Springs, Arkansas home at $242,674. That was −0.9% under the February 2025 peak of $244,846.
- Value of a typical home
- $242,674September 2026, Zillow ZHVI
- Change over 12 months
- 0%. Measured since September 2025.
Hot Springs home prices since 2000
Hot Springs is the steel line, and the United States is the grey line. Over the months since January 2000, the typical home in Hot Springs changed from $84,054 to $242,674, a multiple of ×2.89, while the US was ×2.99. The peak of the boom arrived in June 2008 at $132,593; the low came in June 2011 at $110,481, a change of −16.7%.
By year, the median home price in Hot Springs
Each year takes the average of its twelve monthly values, and 2026 shows the latest month.
| Year | Hot Springs | Change on the year | United States |
|---|---|---|---|
| 2000 | $86,037 | $125,745 | |
| 2001 | $90,482 | +5.2% | $134,899 |
| 2002 | $92,445 | +2.2% | $144,276 |
| 2003 | $97,100 | +5.0% | $155,308 |
| 2004 | $104,375 | +7.5% | $169,891 |
| 2005 | $110,680 | +6.0% | $189,732 |
| 2006 | $121,399 | +9.7% | $206,531 |
| 2007 | $128,743 | +6.0% | $208,449 |
| 2008 | $130,736 | +1.5% | $195,574 |
| 2009 | $121,278 | −7.2% | $177,542 |
| 2010 | $113,647 | −6.3% | $171,462 |
| 2011 | $112,624 | −0.9% | $162,508 |
| 2012 | $121,439 | +7.8% | $161,137 |
| 2013 | $126,708 | +4.3% | $171,420 |
| 2014 | $128,268 | +1.2% | $182,996 |
| 2015 | $130,023 | +1.4% | $192,738 |
| 2016 | $133,337 | +2.5% | $204,509 |
| 2017 | $135,955 | +2.0% | $216,767 |
| 2018 | $140,869 | +3.6% | $230,541 |
| 2019 | $147,359 | +4.6% | $242,088 |
| 2020 | $159,108 | +8.0% | $257,151 |
| 2021 | $190,311 | +19.6% | $295,959 |
| 2022 | $222,734 | +17.0% | $340,014 |
| 2023 | $232,250 | +4.3% | $348,160 |
| 2024 | $241,434 | +4.0% | $359,751 |
| 2025 | $243,408 | +0.8% | $362,959 |
| September 2026 | $242,674 | 0% | $366,157 |
What a home bought in Hot Springs in any year is worth today
An index-based estimate for a typical home, and not an appraisal.
Each year is averaged from its twelve monthly index values, and the current figure comes from September 2026. More options include the home appreciation calculator.
Thinking about selling? Compare local agents at Realtor.com. Advertising disclosure: links like this one may pay the site, but it never changes a number. Disclosure.
Hot Springs housing market forecast
Over the 12 months that start in September 2026, Zillow's forecast has the Hot Springs, AR metro up +1.1%, with +0.4% over the three months ahead. Hot Springs's typical value is $242,674, so this would rise to about $245,300 in one year.
Zillow's central estimate for the metro appears here in restated form; this site offers no forecast of its own. Forecasts like this one, over 12 months, have typically been off by several percentage points against the realised change, in both directions. This is not investment advice.
All metro forecasts in a single table: housing market forecast.
Hot Springs housing market crash risk score
52 out of 100, high
Hot Springs is ranked against 292 cities on five conditions that were high before past price falls. Each input receives a score from 0 to 100 when compared with the other cities. The five scores receive equal weight when averaged. It shows conditions as of now and makes no prediction of a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +13.5% | 64 | 20% |
| Days on the market vs 2019 | −1.3% | 36 | 20% |
| Price-to-rent ratio | 17.0 | 44 | 20% |
| 12-month price change | 0% | 65 | 20% |
This is not investment advice. How each input is scored: methodology. The 292 cities, all ranked: crash risk by city.
Days on market and inventory in Hot Springs
For September 2026 the Hot Springs, AR metro recorded 959 homes for sale. That was 5.1% fewer than a year earlier and +13.5% more than in the same month of 2019. The median time to sell a listing was 77 days, which was −1.3% against 2019. Price cuts applied to 17.9% of listings.
| Hot Springs, AR metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 959 | −5.1% |
| New listings | 218 | |
| Median days on market | 77 | −3.1% |
| Median list price | $349,500 | +7.5% |
| Share with a price cut | 17.9% |
Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.
Living costs and rent in Hot Springs
By the Zillow Observed Rent Index, the typical asking rent in Hot Springs runs $1,189 a month, +5.2% on a year. A typical home there costs 17.0 years of that rent. According to BEA, metro prices stand at 85.7 compared with a US average of 100, while housing costs sit at 57.3.
More housing markets across Arkansas
- Little Rock $219,657
- Fayetteville, Arkansas $379,367
- Fort Smith $193,081
- $490,040 in Bentonville.
For the whole state: the Arkansas housing market.
How to read this chart
A point on the chart gives the Zillow Home Value Index for Hot Springs. This smoothed and seasonally adjusted measure shows a typical home's monthly dollar value within the market's middle third. The month on the slider is marked by the hollow dot, and the latest month by the terracotta dot. The figures leave inflation out, while an index tracks the market's typical home instead of one particular house. To find the value of a single home, use the home appreciation calculator or the card above it with the home's sale price.