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All market snapshots / 71901

Hot Springs, AR 71901 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Hot Springs, AR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 100100PendingPending sales: 77
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): $299k$299kSoldMedian sold price (last 6 months): $260k$260k
What homes actually sell for in Hot Springs, AR
Distribution of 215 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $145k to $435k
$62k to $142k: 43 sales43sales$62k$142k to $223k: 35 sales$223k to $303k: 43 sales$223k$303k to $384k: 21 sales$384k to $464k: 26 sales$384k$464k to $544k: 13 sales$544k to $625k: 6 sales$544k$625k to $705k: 7 salesMedian $260k

What the numbers say

As of October 5, 2026, Resideline is tracking 100 active listings and 7 pending sales in ZIP code 71901. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $299,499, while the median of the 215 closed sales Resideline tracked over the last six months was $260,000. 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 80 days.

Frequently asked questions

What is the median home price in 71901?

The median closed sale price in Hot Springs, AR 71901 was $260,000 over the last six months, based on 215 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 7 pending sales against 100 active listings in 71901, a pending-to-active ratio of 0.07. 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

Full Hot Springs, AR housing market report →

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