Home appreciation in Hot Springs, AR

Over the five years ending 2025, home prices in Hot Springs, AR grew an average of 9.8% a year.

Price growth at a glance

1-year

+5.2%

2025 over 2024. Arkansas: +4.2%.

5-year, per year

+9.8%

Average annual growth, 2020 to 2025. Arkansas: +9.3%.

10-year, per year

+6.6%

+89.8% in total since 2015. Arkansas: +6.4%.

How does your home compare?

Hot Springs, AR home prices rose 89.8% over the ten years to 2025, while its ZIP codes ranged from +50.3% to +92.1%. Look up your home to see where it ranks among the homes around it.

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A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Hot Springs, AR compares with Arkansas

Arkansas averaged +9.3% a year, so Hot Springs, AR grew faster than the state overall. For five-year price growth, Hot Springs, AR ranks 129th out of 409 metros nationwide and 3rd out of 5 in Arkansas.

Index, 2005 = 100

Hot Springs, AR and Arkansas, quarterly house price index rebased to 100 in 2005.
YearHot Springs, ARArkansas
2005 Q1100100
2005 Q2100102
2005 Q3106105
2005 Q4109106
2006 Q1109108
2006 Q2111109
2006 Q3113110
2006 Q4115111
2007 Q1119112
2007 Q2119113
2007 Q3120113
2007 Q4123113
2008 Q1122113
2008 Q2124113
2008 Q3120112
2008 Q4123112
2009 Q1123113
2009 Q2122112
2009 Q3119110
2009 Q4116109
2010 Q1116108
2010 Q2113108
2010 Q3113109
2010 Q4117108
2011 Q1112106
2011 Q2115106
2011 Q3115107
2011 Q4112107
2012 Q1116107
2012 Q2112106
2012 Q3115107
2012 Q4114108
2013 Q1117108
2013 Q2114108
2013 Q3113109
2013 Q4114109
2014 Q1112109
2014 Q2115109
2014 Q3117110
2014 Q4111111
2015 Q1114111
2015 Q2118112
2015 Q3118113
2015 Q4121114
2016 Q1115114
2016 Q2114115
2016 Q3121116
2016 Q4118117
2017 Q1123118
2017 Q2122119
2017 Q3124120
2017 Q4122121
2018 Q1129122
2018 Q2125124
2018 Q3126125
2018 Q4127126
2019 Q1131127
2019 Q2133128
2019 Q3133130
2019 Q4136131
2020 Q1139131
2020 Q2136133
2020 Q3141135
2020 Q4145138
2021 Q1147140
2021 Q2152147
2021 Q3161156
2021 Q4174162
2022 Q1176167
2022 Q2185177
2022 Q3190183
2022 Q4202183
2023 Q1201185
2023 Q2207190
2023 Q3210193
2023 Q4205194
2024 Q1203195
2024 Q2208199
2024 Q3222203
2024 Q4216204
2025 Q1215205
2025 Q2216208
2025 Q3227210
2025 Q4235213
2026 Q1225213
2026 Q2213214

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +6.6% a year over ten years, +89.8% in total.

Over this history, home prices peaked in 2008, fell 7.1% to its 2011 low, and regained the 2008 level in 2017.

The strongest year was 2022 at +18.9%, and the weakest was 2010 at -4.5%.

In 2025 alone the index moved +5.2%, against +4.2% for the state.

ZIP codes in Hot Springs, AR

Over the ten years to 2025, the 5 ZIP codes FHFA measures in this metro ranged from +50.3% in 71964 to +92.1% in 71968, while the metro as a whole rose 89.8%.

ZIP codes in Hot Springs, AR ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
71968+4.6%+10.4%+6.7%+92.1%
71913+3.7%+9.8%+6.6%+90.2%
71909+16.9%+10.1%+6.5%+87.9%
71901+3.1%+8.3%+5.5%+70.6%
71964-13.4%+6.8%+4.2%+50.3%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Hot Springs, AR and Arkansas, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006108.1+8.1%106.1
2007116.1+7.4%109.2
2008118.0+1.6%108.9
2009115.6-2.0%107.5
2010110.4-4.5%104.8
2011109.7-0.7%103.1
2012110.2+0.5%103.7
2013110.20.0%105.1
2014109.7-0.4%106.5
2015113.4+3.3%109.1
2016112.8-0.5%112.0
2017118.2+4.7%115.9
2018122.4+3.6%120.1
2019128.5+5.0%124.7
2020135.0+5.1%130.0
2021152.9+13.2%146.8
2022181.7+18.9%172.0
2023198.5+9.3%184.9
2024204.5+3.0%194.3
2025215.1+5.2%202.4

The 5 measured metros in Arkansas

Measured metros in Arkansas ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Fayetteville-Springdale-Rogers, AR+4.8%+11.8%+8.8%
2Fort Smith, AR-OK+6.2%+9.9%+6.5%
3Hot Springs, AR+5.2%+9.8%+6.6%
4Little Rock-North Little Rock-Conway, AR+3.0%+7.8%+5.2%
5Jonesboro, AR+3.5%+7.0%+5.1%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Arkansas row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

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Measured FHFA data · chart through 2026 Q2