Hot Springs—89003
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hot Springs
Hot Springs lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hot Springs
As of July '25, Rentcast reports the average rent in Hot Springs is $1,080, with a year-over-year rent change of -17.6%. Per bedroom, the median rent as of July '25 in Hot Springs is 1-bedrooms: $812, 2-bedrooms: $1,250. The most common rental property sizes in Hot Springs are 1-bedroom and 3-bedroom, accounting for 70.5% and 29.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $775 | $812 |
| 2 Bed Rent | $1,250 | $1,250 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hot Springs
As of Oct '25, Realtor.com reports that the median days on market for a home in Hot Springs is 156. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $205,000 | -5.0% |
Listing Count | 3 | 0.0% |
| Listings as % of Homes | N/A | 0.0% |
Days on Market | 156 | 14.0% |
Demographics — Hot Springs
As of the latest ACS Survey released in 2023, Hot Springs has a population of 637, which has decreased by -27.7% over the past 5 years. Hot Springs is a less popular place for families, as children make up 0.0% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 637 | -27.7% |
% Under 18 | 0.0% | -100.0% |
% Seniors | 46.5% | 133.7% |
% WFH | 8.5% | ∞% |
% w/ College Degree | 21.8% | 89.6% |
As of the latest ACS Survey released in 2023, Hot Springs is a predominantly white area, with 76.0% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Hot Springs is hispanic, making up 13.0% of the population. Foreign-born residents account for 20.4% of the population in Hot Springs, and this percentage has increased by 200.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.0% | -2.8% |
% Black | 6.3% | ∞% |
% Hispanic | 13.0% | -38.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 20.4% | 200.0% |
Mortgage and Risk — Hot Springs
Hot Springs lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Hot Springs
Hot Springs lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $55 | $775 | $830 |
| 2 Bedroom | -$210 | $1,250 | $1,040 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Hot Springs
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |