Housing in 71909 Hot Springs Village, AR is generally more affordable than the US median value of $338,100. The median value of housing in 71909 Hot Springs Village, AR is around $270,000. In the last year, house appreciation rates have been higher in this area than in the US as a whole. Specifically, while the US 1 year House Appreciation rate was 8.27%, house 1 year appreciation in 71909 Hot Springs Village, AR was 19.03%. This indicates that houses in this area are increasing rapidly in both value and popularity.
The median home cost in Hot Springs Village (zip 71909) is $270,000. Home appreciation the last 10 years has been 65.8%. Home Appreciation in Hot Springs Village (zip 71909) is up 19.0%.
Average Age of Homes
- The median age of Hot Springs Village (zip 71909) real estate is 25 years old
The Rental Market in Hot Springs Village (zip 71909)
- Renters make up 7.9% of the Hot Springs Village (zip 71909) population
- 2.9% of houses and apartments in Hot Springs Village (zip 71909), 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.