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How competitive is the Hot Springs housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
31/100
YoY Challenging Market Conditions
Pending ratio
0.23
YoY contracts vs active
Inventory YoY
-0.0%
YoY active listings
Median DOM
61
YoY days on market
Price cuts
28.9%
YoY of active listings
Hot Springs is soft for sellers as of May 2026, with a Sold Score of 31/100 (Challenging Market Conditions). **Pending ratio** is 0.23 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -3.5% — fewer choices for buyers than a year ago. **Median days on market** is 61. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 28.9% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 31/100 (Challenging Market Conditions) · Pending ratio: 0.23 · Inventory YoY: -3.5% · Median days on market: 61 · Sellers cutting price: 28.9% · Median listing price: $350,567 (+1.6% YoY)

Hot Springs snapshot

As of the latest 2026 data
Median listing
$351K
YoY +0.0%
Active inventory
934
YoY -0.1%
Median DOM
68
YoY +0.1%
Pending ratio
0.24
YoY +0.1%
Price-reduced
20.4%
YoY -0.0%

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