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All market snapshots / 71901

Hot Springs, AR 71901 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Hot Springs, AR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.00
ActiveActive listings: 3030PendingPending sales: 3030
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): $392k$392kSoldMedian sold price (last 6 months): $240k$240k
What homes actually sell for in Hot Springs, AR
Distribution of 211 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $145k to $435k
$72k to $150k: 47 sales47sales$72k$150k to $228k: 40 sales$228k to $306k: 37 sales$228k$306k to $384k: 12 sales$384k to $462k: 27 sales$384k$462k to $539k: 11 sales$539k to $617k: 11 sales$539k$617k to $695k: 5 salesMedian $240k

What the numbers say

As of August 26, 2026, Resideline is tracking 30 active listings and 30 pending sales in ZIP code 71901. That pending-to-active ratio of 1.00 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $392,500, while the median of the 211 closed sales Resideline tracked over the last six months was $240,000. 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 $240,000 over the last six months, based on 211 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 30 pending sales against 30 active listings in 71901, a pending-to-active ratio of 1.00. 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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