Is Hot Springs National Park, AR 71901 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Hot Springs National Park is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score18/ 100

More competitive than 11% of U.S. ZIP codes, and #98 of 132 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply6Under 4 months = seller’s market
Sold above original list13%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market71Listing to accepted offer
Median price per sq ft$152▼ −0.3% vs. last year

The Hot Springs National Park housing market right now

In the three months ending August 31, 2026, 13% of homes in Hot Springs National Park, AR 71901 sold above their list price, the typical home went under contract in 71 days and there were 6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 111 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold about as fast and the median sale price fell 8% to $269,883. Overall, Hot Springs National Park is more competitive than a year ago, so tougher for buyers.

Within Garland County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Hot Springs National Park ranks #98 of 132 AR ZIP codes with enough sales (score 18 out of 100).

Nearby, buyers who want less competition could look at Royal 71968 (0% sold over asking) or Mountain Pine 71956 (0% sold over asking), while Pearcy 71964 (29% sold over asking) is even more competitive.

Nearby markets

Bonnerdale 71933Balanced $100 /sq ftHot Springs National Park 71913Buyer’s market $169 /sq ftHot Springs Village 71909Balanced $161 /sq ftJessieville 71949Seller’s market $126 /sq ft Browse all markets →

Towns like Hot Springs National Park nearby

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Where Hot Springs National Park is

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Questions about Hot Springs National Park real estate

Is Hot Springs National Park a buyer’s or seller’s market?

A balanced market: there were 6 months of supply in Hot Springs National Park, AR 71901 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Hot Springs National Park?

The typical home went under contract in 71 days in the latest three months.

Do homes in Hot Springs National Park sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Hot Springs National Park?

About 0.48% of a home’s value a year in Garland County, or roughly $1,920 on a $400,000 home.

What is the median home price in Hot Springs National Park?

The median sale price was $269,883 in the three months ending August 31, 2026, about $152 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology