Hot Springs, AR Housing
As of 2010-2014, median price of a house in Hot Springs is $114,100, which is about the same as the state average of $108,700 and is lower than the national average of $175,700. The Hot Springs median house value has grown by 59.14% since 2000. The growth rate for the price of a house in Hot Springs is higher than the state average rate of 49.31% and is higher than the national average rate of 46.91%. The median year that a house in Hot Springs was built is 1971, which is older than the median year for a house built in the state which is 1982 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 8,099 Owner Occupied Houses in Hot Springs, AR, #78Hot Springs, AR | 114,100 USD |
Arkansas | 108,700 USD |
U.S. | 175,700 USD |
Hot Springs, AR | 59.14% |
Arkansas | 49.31% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Hot Springs, AR | Arkansas | U.S. | |
Total Housing Units | 19,028, see rank, 100% | 1,329,139 | 132,741,033 |
Occupied Housing Units | 15,115, 79.44%, see rank | 85.20% | 87.55% |
Owner Occupied | 8,099, 42.56%, see rank | 56.70% | 56.34% |
Renter Occupied | 7,016, 36.87%, see rank | 28.50% | 31.21% |
Vacant Housing Units | 3,913, 20.56%, see rank | 14.80% | 12.45% |
For Rent | 1,023, 5.38%, see rank | 3.08% | 2.34% |
For Sale Only | 380, 2.00%, see rank | 1.47% | 1.20% |
Rented or Sold, Not Occupied | 125, 0.66%, see rank | 1.34% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 1,065, 5.60%, see rank | 3.77% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.03% | 0.03% |
Other Vacant | 1,320, 6.94%, see rank | 5.11% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #410Hot Springs, AR | Arkansas | U.S. |
1971 | 1982 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Hot Springs, AR | % | Arkansas | U.S. | |
Owner-Occupied Units | 8,099 | 100% | 753,620 | 74,787,460 |
With a Mortgage | 4,604 | 56.85%, see rank | 57.12% | 65.58% |
Without a Mortgage | 3,495 | 43.15%, see rank | 42.88% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Hot Springs, AR | 936 USD |
Arkansas | 1,027 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Hot Springs, AR | % | Arkansas | U.S. |
$299 or Less | 22 | 0.48%, see rank | 0.27% | 0.20% |
$300 to $499 | 249 | 5.41%, see rank | 4.06% | 1.59% |
$500 to $699 | 848 | 18.42%, see rank | 13.71% | 5.01% |
$700 to $999 | 1,525 | 33.12%, see rank | 29.88% | 14.32% |
$1,000 to $1,499 | 1,096 | 23.81%, see rank | 31.28% | 27.90% |
$1,500 to $1,999 | 393 | 8.54%, see rank | 11.89% | 20.35% |
$2,000 to $2,999 | 180 | 3.91%, see rank | 6.76% | 19.52% |
$3,000 or More | 291 | 6.32%, see rank | 2.16% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Hot Springs, AR | 25.30% of the Total Income |
Arkansas | 20.40% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Hot Springs, AR | % | Arkansas | U.S. | |
10% or Less | 252 | 5.47%, see rank | 8.42% | 5.86% |
10% to 20% | 1,442 | 31.32%, see rank | 40.00% | 31.95% |
20% to 30% | 949 | 20.61%, see rank | 25.17% | 27.64% |
30% to 40% | 732 | 15.90%, see rank | 10.74% | 13.74% |
40% or More | 1,162 | 25.24%, see rank | 15.06% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Hot Springs, AR | 327 USD |
Arkansas | 328 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Hot Springs, AR | % | Arkansas | U.S. |
$199 or Less | 421 | 12.05%, see rank | 14.84% | 7.76% |
$200 to $299 | 1,036 | 29.64%, see rank | 27.47% | 14.70% |
$300 to $499 | 1,459 | 41.75%, see rank | 40.92% | 34.63% |
$500 to $699 | 419 | 11.99%, see rank | 11.95% | 21.16% |
$700 or More | 160 | 4.58%, see rank | 4.82% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Hot Springs, AR | 10.90% of the Total Income |
Arkansas | 10.60% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Hot Springs, AR | % | Arkansas | U.S. | |
10% or Less | 1,614 | 46.18%, see rank | 46.84% | 40.19% |
10% to 20% | 918 | 26.27%, see rank | 30.62% | 31.47% |
20% to 30% | 483 | 13.82%, see rank | 10.57% | 12.24% |
30% to 40% | 233 | 6.67%, see rank | 4.25% | 5.64% |
40% or More | 208 | 5.95%, see rank | 6.40% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Hot Springs, AR | Arkansas | U.S. | |
Total Housing Units | 19,028, 100% | 1,329,139 | 132,741,033 |
1-unit, Detached | 11,940, 62.75%, see rank | 69.70% | 61.65% |
1-unit, Attached | 361, 1.90%, see rank | 1.65% | 5.82% |
2 Units | 847, 4.45%, see rank | 3.05% | 3.75% |
3 or 4 Units | 1,334, 7.01%, see rank | 3.22% | 4.43% |
5 to 9 Units | 1,015, 5.33%, see rank | 3.18% | 4.78% |
10 or More Units | 2,331, 12.25%, see rank | 6.24% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 1,200, 6.31%, see rank | 12.96% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Hot Springs, AR | Arkansas | U.S. | |
Total Housing Units | 19,028, 100% | 1,329,139 | 132,741,033 |
1 Room | 621, 3.26%, see rank | 1.56% | 1.95% |
2 Rooms | 834, 4.38%, see rank | 1.59% | 2.48% |
3 Rooms | 1,955, 10.27%, see rank | 6.43% | 9.13% |
4 Rooms | 4,128, 21.69%, see rank | 17.60% | 16.60% |
5 Rooms | 4,084, 21.46%, see rank | 26.27% | 20.41% |
6 Rooms | 3,346, 17.58%, see rank | 20.63% | 18.06% |
7 Rooms | 1,709, 8.98%, see rank | 12.10% | 12.27% |
8 Rooms | 1,151, 6.05%, see rank | 6.91% | 8.48% |
9 Rooms or More | 1,200, 6.31%, see rank | 6.92% | 10.60% |
Median Rooms | 5.00, see rank | 5.40 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Hot Springs, AR | Arkansas | U.S. | |
Total Housing Units | 19,028, 100% | 1,329,139 | 132,741,033 |
No Bedroom | 688, 3.62%, see rank | 1.67% | 2.17% |
1 Bedroom | 2,706, 14.22%, see rank | 7.20% | 11.16% |
2 Bedrooms | 6,764, 35.55%, see rank | 27.66% | 26.69% |
3 Bedrooms | 6,917, 36.35%, see rank | 49.76% | 39.70% |
4 Bedrooms | 1,722, 9.05%, see rank | 11.71% | 16.05% |
5 or More Bedrooms | 231, 1.21%, see rank | 2.00% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Hot Springs, AR | Arkansas | U.S. | |
Total Housing Units | 15,115, 100% | 1,132,488 | 116,211,092 |
Utility Gas | 7,940, 52.53%, see rank | 40.58% | 48.85% |
Bottled, Tank, or LP Gas | 73, 0.48%, see rank | 7.51% | 4.86% |
Electricity | 6,908, 45.70%, see rank | 46.89% | 36.68% |
Fuel Oil, Kerosene, etc. | 0, 0.00%, see rank | 0.12% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.00% | 0.12% |
Wood | 138, 0.91%, see rank | 4.39% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.02% | 0.05% |
Other Fuel | 21, 0.14%, see rank | 0.30% | 0.47% |
No Fuel Used | 35, 0.23%, see rank | 0.20% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Hot Springs, AR | Arkansas | U.S. |
Occupied Units Paying Rent | 6,481, 100% | 340,136 | 39,201,928 |
$199 or Less | 252, 3.89%, see rank | 1.96% | 1.50% |
$200 to $299 | 538, 8.30%, see rank | 4.51% | 3.18% |
$300 to $499 | 890, 13.73%, see rank | 15.80% | 7.37% |
$500 to $699 | 1,990, 30.71%, see rank | 31.92% | 16.01% |
$700 to $999 | 1,869, 28.84%, see rank | 32.72% | 29.17% |
$1,000 to $1,499 | 656, 10.12%, see rank | 10.95% | 26.88% |
$1,500 to $1,999 | 118, 1.82%, see rank | 1.32% | 9.79% |
$2,000 or More | 168, 2.59%, see rank | 0.81% | 6.10% |
Median | $661, see rank | $675 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Hot Springs, AR | Arkansas | U.S. | |
Occupied Housing Units | 15,115, 100% | 1,132,488 | 116,211,092 |
No Vehicles Available | 2,241, 14.83%, see rank | 6.36% | 9.12% |
1 Vehicles Available | 6,312, 41.76%, see rank | 34.07% | 33.80% |
2 Vehicles Available | 5,075, 33.58%, see rank | 39.29% | 37.48% |
3 or More Vehicles Available | 1,487, 9.84%, see rank | 20.28% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.