Hot Springs, AR metro area Housing Market Brief
metro · AR · score computed October 2026
What is Hot Springs, AR metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 3 of 5 (population 58,778–112,360) · comparable within its band
Where is Hot Springs, AR metro area in its market cycle?
Hot Springs, AR metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Hot Springs, AR metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Hot Springs, AR metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $304K | ▲ +9.3% | Redfin |
| Median Days on Market | 90 days | ▲ +15.4% | Redfin |
| Months of Supply | 6.0 | ▲ +9.1% | Redfin |
| Homes for Sale | 968 | ▲ +3.2% | Redfin |
| Homes Sold | 160 | ▼ -7% | Redfin |
| Median Price / Sq Ft | $159 | ▲ +2.4% | Redfin |
How has Hot Springs, AR metro area’s Alpha Score moved?
Markets like Hot Springs, AR metro area
- New Bern, NC metro area, NCmetro53
- Athens, TX metro area, TXmetro53
- Granbury, TX metro area, TXmetro55
- Washington, NC metro area, NCmetro49
- Waco, TX metro area, TXmetro49
- Keene, NH metro area, NHmetro59
- Cullman, AL metro area, ALmetro56
- Dalton, GA metro area, GAmetro50
- Tifton, GA metro area, GAmetro62
- Lake City, FL metro area, FLmetro49
Frequently asked questions
Is Hot Springs, AR metro area a buyer's or seller's market?
In the scores computed October 2026, Hot Springs, AR metro area is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Hot Springs, AR metro area?
The median sale price in Hot Springs, AR metro area is $304K, having risen 9.3% over the past year, according to Redfin.
How affordable is Hot Springs, AR metro area?
Hot Springs, AR metro area scores 43 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Hot Springs, AR metro area's Alpha Score?
Hot Springs, AR metro area's strongest dimension is Rental Yield (63/100) and its weakest is Price Momentum (27/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Hot Springs, AR metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.