Home prices
Hot Springs's median home value is $122,900. It is roughly $43,300 (26%) lower compared to the surrounding areas.In comparison to the entire country it is approximately $94,600 (43%) lower, and is approximately $44,700 (26%) lower in comparison to the city of Little Rock.
Rents
The median rent in Hot Springs is $727 per month. It is approximately $554 (43%) lower compared to its nearby areas.It is roughly $335 (31%) lower in comparison to the United States as a whole, and it is roughly $145 (16%) lower in comparison to the city of Little Rock.
Nearby places
Rockwell
Rockwell is Hot Springs's neighbor to the southwest. Housing prices there are significantly more expensive. Rockwell's median home value is $211,400, which works out to $88,500 (41%) higher than Hot Springs. Its rents are a little more expensive. The median rent in Rockwell is $953 per month, which is $226 (23%) higher than Hot Springs.
Piney
Piney is Hot Springs's neighbor to the west. Real estate prices there are somewhat less expensive. The median home in Piney is valued at $96,000, which comes out to $26,900 (28%) lower than Hot Springs. Its rents are somewhat more expensive. Piney's median rent is $833 a month, which is $106 (12%) higher than Hot Springs.
Lake Hamilton
Lake Hamilton is Hot Springs's neighbor to the southwest. Housing prices there are a lot more expensive. The price of the median home in Lake Hamilton is $390,900, which comes out to $268,000 (68%) higher than Hot Springs. Its rents are similar. Lake Hamilton's median monthly rent is $751, which is $24 (3%) higher than Hot Springs.
Mountain Pine
Mountain Pine is about 8 miles northwest of Hot Springs. Real estate prices there are significantly less expensive. The value of the median home in Mountain Pine is $35,200, which comes out to $87,700 (249%) lower than Hot Springs. Rent there is a lot less expensive. In Mountain Pine the median rent is $368 per month, which works out to $359 (97%) lower than Hot Springs.
Fountain Lake
Fountain Lake is approximately 10 miles northeast from Hot Springs. Real estate prices there are a little less expensive. The median home in Fountain Lake is valued at $97,500, which is $25,400 (26%) lower than Hot Springs. The rent there is significantly more expensive. Fountain Lake's median monthly rent is $3,501, which is $2,774 (79%) higher than Hot Springs.
