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Hot Springs, AR 71901 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Hot Springs, AR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 9494PendingPending sales: 1010
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): $266k$266kSoldMedian sold price (last 6 months): $254k$254k
What homes actually sell for in Hot Springs, AR
Distribution of 213 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $145k to $435k
$70k to $153k: 46 sales46sales$70k$153k to $236k: 42 sales$236k to $319k: 34 sales$236k$319k to $402k: 19 sales$402k to $486k: 27 sales$402k$486k to $569k: 10 sales$569k to $652k: 8 sales$569k$652k to $735k: 6 salesMedian $254k

What the numbers say

As of September 14, 2026, Resideline is tracking 94 active listings and 10 pending sales in ZIP code 71901. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $265,700, while the median of the 213 closed sales Resideline tracked over the last six months was $254,100. 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 64 days.

Frequently asked questions

What is the median home price in 71901?

The median closed sale price in Hot Springs, AR 71901 was $254,100 over the last six months, based on 213 closed sales tracked by Resideline. The middle half of those sales ranged from $145,000 to $435,000.

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

Resideline is currently tracking 10 pending sales against 94 active listings in 71901, a pending-to-active ratio of 0.11. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 71901 currently looks like a balanced market.

Nearby ZIP code market data

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