Market Intelligence Report — AR-300

Hot Springs, AR

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-AR-09
As of the latest 2026 data
Very Weak

Median Listing

$350K
+7.5% YoY

Pending Ratio

0.20
+2.3% YoY

Active Inventory

959
-5.1% YoY

Median DOM

77 Days
-3.1% YoY

Primary Intelligence Tool — Sold Score™

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The Hot Springs market remains Very Weak, characterized by a low pending ratio of 0.20, indicating demand significantly lags supply. Median listing prices have increased 7.5% year-over-year, despite softening demand.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.7%-0.7 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

99,695-0.2% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

11+45.6% YoY

Building permits (private housing units) · Sep 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Hot Springs market right now.

Active listings have contracted by 5.1% year-over-year, while new listings show a modest increase of 1.9% over the past year. The pending ratio, though low, recorded a 2.3% increase year-over-year from an even lower base. Median days on market saw a slight decrease of 3.1% year-over-year.

Historical Analysis

Market Trends

Median Price

$350K-0.1% MoM

Active Inventory

959-5.1% YoY

Days on Market

77-3.1% YoY

Sold Score™

32+2.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

32
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.20, the market continues to exhibit a slow pace of sales, placing inventory under minimal absorption pressure. This necessitates price discipline from sellers to align with prevailing demand conditions.

Luxury Segment

The average listing price declined by 2.8% year-over-year, contrasting with a 7.5% increase in the median listing price, suggesting some weakening in the higher-price tiers. Median $/sqft saw a modest 1.7% year-over-year increase.

Supply Dynamics

959 active listings represent the current floor, with new supply arriving at roughly 218 per month.

Pricing Pressure
17.9%

of active listings carry a price reduction, -2.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.7% year-over-year.

Absorption
0.20

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Hot Springs, AR? Buyer Demand Index is running at 20%.

Buyers have leverage in Hot Springs, AR. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
20%
Median Days on Market
77 days
Inventory YoY
−5%

In a buyer's market, strategy beats timing. See how your home scores in Hot Springs, AR and what moves the number.

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Metro Demographics

Metro Area
Hot Springs, AR
CBSA Code
26300
State
AR

ZIPs in Hot Springs, AR

Sorted by active inventory · click a ZIP for its full report