Hot Springs, AR Real Estate

According to census data in the year 2000 there were 18,727 housing units in Hot Springs.

Of those housing units, 18,526 were located in either urbanized areas or urban clusters, and 201 were located in what is classified as a rural area.

Homeownership rate in Hot Springs is about 57.8%. Hot Springs's vacancy rate, including seasonal lodging, is about 14.2%. Average household size is 2.12 people.

The majority of houses, apartments or condos in Hot Springs were built after 1965.


Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom16%
Two Bedrooms40.30%
Three Bedrooms33.10%
Four Bedrooms6%
Five Bedrooms or more1.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1966
Median Value of occupied units$71,700
Median Price asked for vacant units$61,500

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1965
Median Monthly Rent asked for vacant units$333

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.20%
Home Equity Loan3.60%
Simple Mortgage44.60%
Debt Free48.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%