The housing market in Hot Spring, AR County is currently doing quite well. The median value of homes in the area is $135,100, which is significantly lower than the US median home value of $338,100. This makes it an attractive option for those looking to purchase a home. Furthermore, the 1 year house appreciation in Hot Spring County has been 15.62%, compared to the 8.27% average appreciation rate across the US. This indicates that houses in Hot Spring, AR County have increased substantially in value over the past year and may continue to do so as demand continues to increase.
The median home cost in Hot Spring County is $135,100. Home appreciation the last 10 years has been 55.8%. Home Appreciation in Hot Spring County is up 18.9%.
Average Age of Homes
- The median age of Hot Spring County real estate is 36 years old
The Rental Market in Hot Spring County
- Renters make up 24.2% of the Hot Spring County population
- 0.5% of houses and apartments in Hot Spring County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.