Why Live in Hot Springs Village
Hot Springs Village, the largest gated community in North America, spans 26,000 acres in the foothills of the Ouachita Mountains, approximately 15 miles north of Hot Springs. Known for its resort-style living, the community features nine golf courses, 11 lakes, and a variety of residential options, including ranch-style homes, golf course homes, and waterfront properties. The area is particularly appealing to older homeowners due to Arkansas's favorable tax policies, though younger buyers are also moving in. Recreational attractions are abundant, with Lake Balboa, the largest lake, offering a boat ramp, marina, and beach. Other lakes like Coronado, Cortez, and DeSoto provide opportunities for fishing, swimming, and water sports. The community boasts top-rated golf courses, including Balboa, DeSoto, and Cortez Golf Clubs, and the private Diamante Country Club. Additional amenities include the Coronado Tennis Center, a 14-court pickleball facility, and over 30 miles of trails. Cultural and social activities are centered around the Woodlands Auditorium, Grove Park, and Casa De Carta, with more than 200 clubs and organizations available. Dining options within the village include Artfully Baked and Brewed, Debra’s Good Eats, Beehive Neighborhood Hangout, and Dolce Vita Italian Ristorante. Shopping needs are met by a Walmart Supercenter and Brookshire’s grocery store. The community is served by the Jessieville and Fountain Lake school districts, with Fountain Lake Middle School being highly rated. State Highway 7 and nearby State Highway 5 provide easy access to Hot Springs and Little Rock, respectively.
Home Trends in Hot Springs Village, AR
On average, homes in Hot Springs Village, AR sell after 53 days on the market compared to the national average of 52 days. The median sale price for homes in Hot Springs Village, AR over the last 12 months is $320,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$320,000
Median Single Family Sale Price
$330,000
Median Townhouse Sale Price
$185,000
Median 2 Bedroom Sale Price
$145,000
Average Price Per Sq Ft
$162
Number of Homes for Sale
222
Last 12 months Home Sales
662
Median List Price
$329,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%