42Alpha

Hot Springs, AR metro area Housing Market Brief

metro · as of May 2026

Balanced

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.

Price Momentum20%
-4.430
Inventory Health25%
+10.940
Affordability20%
44
Economic Strength20%
No data
50
Rental Yield15%
48

Where is Hot Springs, AR metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Hot Springs, AR metro area is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Hot Springs, AR metro area housing market data

MetricValueYoY
Median Sale Price$269K-7.5%
Median Days on Market76 days▲ +38.2%
Months of Supply6.7▲ +6.4%
Homes for Sale950-3.7%
Homes Sold142-9.5%
Median Price / Sq Ft$149-6.8%
Sale-to-List Ratio96.5%-0.6%

How has Hot Springs, AR metro area’s Alpha Score moved?

Now: 42
4-period trend
Median sale price · 12 mo

Markets like Hot Springs, AR metro area

Frequently asked questions

Is Hot Springs, AR metro area a buyer's or seller's market?

As of May 2026, Hot Springs, AR metro area is classified as a Balanced Market, based on its Alpha Score of 42 out of 100. The classification reflects current price, inventory, 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 $269K, having fallen 7.5% over the past year.

How affordable is Hot Springs, AR metro area?

Hot Springs, AR metro area scores 44 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 Economic Strength (50/100) and its weakest is Price Momentum (30/100). 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.