Is Hot Springs Village, AR 71909 a buyer’s or seller’s market?

The Hot Springs Village housing market right now

In the three months ending August 31, 2026, 10% of homes in Hot Springs Village, AR 71909 sold above their list price, the typical home went under contract in 64 days and there were 4.3 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 214 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold more slowly (55 days then) and the median sale price held steady to $325,359. Overall, Hot Springs Village is about as competitive as it was a year ago.

Within Garland County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Hot Springs Village ranks #81 of 132 AR ZIP codes with enough sales (score 24 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) and Hot Springs National Park 71901 (13% sold over asking) are even more competitive.