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Hot Springs Village, AR

Full City Profile · Arkansas · Saline County County

3.8 /5.0
B+ Good
16,509 Population 286/sq mi density
$69,953 Median Income $44,568 per capita
$262,000 Home Value $298,700 Zillow
$1,167 Median Rent 31.4% income on rent
60°F Avg Temperature 301 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$69,953 median income, 1.3% unemployment
A+
Affordability
4.6 / 5.0
$262,000 home value, $1,167/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
3.8 / 5.0
35.0% bachelor's degree or higher

Housing Overview

Median Home Value
$262,000
7% below
US avg: $281,900
Median Rent
$1,167/mo
0% below
US avg: $1,163/mo
Homeownership Rate
86.5%
32% above US avg (65.4%)
Total Housing Units
9,784
Median year built: 1995

Home Value by Source

Census Median
$262,000
Zillow (ZHVI)
$298,700
Median Sale Price
$308,250
Median List Price
$364,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.5%
Owner-Occupied
13.5%
Renter-Occupied
87%
14%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent: $1,167/mo

Market Indicators (Redfin)

Median Days on Market
89 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
44
Price Drops
15.2%
of listings with price reduction
Price Per Sq Ft
$165
Active Inventory
237
homes for sale

Affordability & Housing Stock

Rent Burden
31.4%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
86.5%

Complete Housing Data

Home Values

Census Median Value$262,000
Zillow Home Value (ZHVI)$298,700
Median Sale Price$308,250
Median List Price$364,500
Price Per Sq Ft$165

Rent

Census Median Rent$1,167
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Days on Market89
Sale-to-List Ratio1.0%
Price Drops15.2%
Homes Sold44
Active Inventory237
Price Per Sq Ft$165

Ownership & Stock

Owner-Occupied86.5%
Renter-Occupied13.5%
Homeownership Rate86.5%
Total Housing Units9,784
Median Year Built1995
Rent Burden31.4%