The housing market in Hot Springs Village continues to see strong price appreciation, with values up 12.9% compared to last year. The median home price of $192,500 represents a moderate 12.9% increase from this time last year. With 27 active listings, inventory is 59% higher than seasonal norms. Homes are taking about 89 days to sell, which is -11 days longer than this time last year. A significant 29.6% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Hot Springs Village market with the affordability index at 69.3. Based on current market indicators, home prices in Hot Springs Village are projected to increase by approximately 48.5% over the next month.