Property prices for sale in Hot Springs National Park (Arkansas)

The prices in real estate in Hot Springs National Park, in the Arkansas region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$250,198.5
Average price last 6 months
$184.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hot Springs National Park has increased strongly during the last 6 months. In July, the average price per sq.feet was $146. In the following month the price per sq.feet increased considerably to $479. The price for the following two months in (September, October) had a considerable decrease of 40 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 53 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $218.75 to $115 during November, and December.

Average price

Based upon to the price in Hot Springs National Park (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $149,877. During August the price went through a considerable rise reaching $230,578. During the following two months (September, October) the average price had a considerable increase of 136 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 135 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $290,597 they are 39 % more affordable than the average price for Hot Springs National Park. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 1 bedroom priced at $253,086.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $111 / sq.feet, with an average $115 / sq.feet price in Hot Springs National Park. The properties with the highest average prices have 1 bedroom. They are 265 % more expensive than the average followed by properties with 2 bedrooms with a price at $137 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $290,597 it is 10 % cheaper than the average price in Hot Springs National Park. "Condo" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Condo". At a price of $273,080 it is 69 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $109 / sq.feet followed by "Townhouse" priced at $115 / sq.feet. "Condo" is the most costly type of property with a $187 / sq.feet cost followed by "Townhouse" with an average price of $115 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Hot Springs National Park
Number of properties used in region Arkansas
$290,597
$115
3,362
148,234
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value