Hot Spring County, Arkansas home prices
Typical home $159,254 · -3.1% in a year · property tax 0.48%
The typical home in Hot Spring County is worth $159,254, 29% less than the Arkansas typical home ($224,158). Values changed -3.1% in the past year and +4.6% over five years. Homeowners here pay a median 0.48% of their home's value in property tax each year ($763 on the typical home), versus 0.5% statewide.
Mortgage on the typical Hot Spring County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $31,851 | $127,403 | $857 | $0 | $143 | $1,000 | $42,900 |
| 10% down | $15,925 | $143,328 | $964 | $60 | $143 | $1,167 | $50,000 |
| 5% down | $7,963 | $151,291 | $1,018 | $63 | $143 | $1,224 | $52,500 |
| 3.5% down (FHA) | $5,574 | $156,369 | $1,052 | $70 | $143 | $1,266 | $54,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.48% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Arkansas · part of the Malvern metro area.
Arkansas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Cleveland County | $159,668 | +0.2% | 0.48% |
| Scott County | $160,089 | +8.8% | 0.43% |
| Little River County | $157,995 | +12.0% | 0.5% |
| Clark County | $161,308 | +3.6% | 0.56% |
| Yell County | $162,084 | +2.0% | 0.45% |
| Miller County | $163,828 | -0.2% | 0.61% |
| Drew County | $154,673 | +0.0% | 0.47% |
| Howard County | $164,160 | +2.1% | 0.42% |
| Prairie County | $154,008 | +6.8% | 0.72% |
| Crittenden County | $166,826 | +5.6% | 0.62% |
Frequently asked questions
What is the average home price in Hot Spring County, AR?
The typical home value in Hot Spring County is $159,254 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Hot Spring County?
About $42,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Hot Spring County?
The median effective rate is 0.48% of home value a year (Census ACS 2024 5-year estimates).