Start Free
All market snapshots / 71901

Hot Springs, AR 71901 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Hot Springs, AR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 103103PendingPending sales: 55
Hot Springs, AR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $325k$325kSoldMedian sold price (last 6 months): $255k$255k
What homes actually sell for in Hot Springs, AR
Distribution of 201 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $140k to $419k
$64k to $143k: 41 sales41sales$64k$143k to $222k: 35 sales$222k to $301k: 39 sales$222k$301k to $380k: 12 sales$380k to $458k: 27 sales$380k$458k to $537k: 15 sales$537k to $616k: 6 sales$537k$616k to $695k: 5 salesMedian $255k

What the numbers say

As of October 26, 2026, Resideline is tracking 103 active listings and 5 pending sales in ZIP code 71901. That pending-to-active ratio of 0.05 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $325,000, while the median of the 201 closed sales Resideline tracked over the last six months was $255,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 71901 for 93 days.

Frequently asked questions

What is the median home price in 71901?

The median closed sale price in Hot Springs, AR 71901 was $255,000 over the last six months, based on 201 closed sales tracked by Resideline. The middle half of those sales ranged from $140,000 to $419,000.

Is 71901 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 103 active listings in 71901, a pending-to-active ratio of 0.05. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 71901 is currently a slower-moving market.

Nearby ZIP code market data

Full Hot Springs, AR housing market report →

Running a deal in 71901? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 71901 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.