Hot Springs Village, AR
Housing market overview · Updated weekly
$308,250median sale price
Homes sold
44
Last 12 weeks
Days on market
89
Average pace
Active listings
237
5.4 months supply
Sale-to-list
97.1%
Below asking
The Hot Springs Village housing market is currently classified as a buyer's market with a median sale price of $308,250. Prices have fallen 5.7% compared to last year, with homes spending an average of 89 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Hot Springs Village?
The median home sale price in Hot Springs Village is $308,250, down 5.7% from last year.
How long do homes stay on market in Hot Springs Village?
Homes typically spend 89 days on market before going under contract.
Is Hot Springs Village a buyer's or seller's market?
With 5.4 months of supply, Hot Springs Village is currently a buyer's market.
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