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All market snapshots / 71901

Hot Springs, AR 71901 Housing Market

Data snapshot: August 3, 2026. Closed-sale window: last 6 months.
Hot Springs, AR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.62
ActiveActive listings: 3232PendingPending sales: 2020
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): $372k$372kSoldMedian sold price (last 6 months): $255k$255k
What homes actually sell for in Hot Springs, AR
Distribution of 223 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $149k to $435k
$62k to $141k: 38 sales$62k$141k to $220k: 47 sales47sales$220k to $299k: 41 sales$220k$299k to $378k: 15 sales$378k to $458k: 28 sales$378k$458k to $537k: 15 sales$537k to $616k: 10 sales$537k$616k to $695k: 6 salesMedian $255k

What the numbers say

As of August 3, 2026, Resideline is tracking 32 active listings and 20 pending sales in ZIP code 71901. That pending-to-active ratio of 0.62 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $372,500, while the median of the 223 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. The median active listing in 71901 has been on the market for 1 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 223 closed sales tracked by Resideline. The middle half of those sales ranged from $149,350 to $435,000.

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

Resideline is currently tracking 20 pending sales against 32 active listings in 71901, a pending-to-active ratio of 0.62. 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 seller's market.

Nearby ZIP code market data

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