The city of Hot Springs brings people together. Nicknamed “The Spa City” today, the area was called “The Valley of the Vapors” by Native American tribes that first inhabited the Ouachita Mountains. It was considered a common ground where everyone could relax in thermal mineral water. The city’s hot springs and mountains were officially named the Hot Springs Reservation in 1832, making it the oldest park in the National Park System. The city would again become neutral ground in the 1930s when it became a popular vacation destination for mobsters like Al Capone and Frank Costello. Its streets were rife with gambling, bootlegging and other vices, but not violence. A federal crackdown in the 1960s eliminated the city’s gangster ties.
Today, Hot Springs has nearly 38,000 residents, up slightly from around 35,000 residents in 2010. Many more people visit its 47 natural hot springs each year, with 2021 seeing a record 2.16 million visitors enter Hot Springs National Park. The Oaklawn Racing Casino Resort is the city’s biggest employer, followed by CHI St. Vincent Hot Springs, the only level II trauma center in Southwest Arkansas. Walmart Inc., National Park Medical Center and the City of Hot Springs are other large employers. “The amount of amenities for the town, and the personal, community feeling of Hot Springs, combined with the cost of living is hard to find,” says Benjamin Kilgore, a Realtor and executive broker with Lake Hamilton Realty.
Hot Springs features 26 miles of trails in the National Park.
Hot Springs is known as the "Spa City," for both its natural springs and downtown resort-like atmosphere.
1/2
Waterfront condos and Colonial Revival homes
The median price of a Hot Springs home is around $230,000, well below the United States average. Houses spend an average of 52 days on the market. Downtown Hot Springs is filled with historic Victorian and Colonial Revival homes, while waterfront condos and ranch-style houses are prominent in the Lake Hamilton neighborhood. These homes tend to be more expensive and can be optimal for investors looking to operate short-term rentals.
Hot Springs homes often feature Victorian inspired architecture.
Hot Springs' residential streets are shaded by old growth trees.
1/2
Bathhouse Row lets visitors relax away the day
The nearly 5,000-acre Hot Springs National Park offers hiking and camping among its many activities. The park’s Bathhouse Row, on Central Avenue, comprises eight bathhouses from the late 1800s and early 1900s. Hale Bathhouse, the oldest on the street, has a sauna nestled inside a thermal cave. The city has three area lakes for kayaking, fishing and scuba diving, including the 40,000-acre Lake Ouachita, the state’s largest lake.
The Ozark on Bathhouse Row displays the area's notable Spanish Colonial Revival Architecture.
The Maurice Bathhouse is one of the historic buildings on Bathhouse Row and is slated for future restoration.
1/2
Water slides and a reminder of the city's past
Outside of its spas, things remain wet in Hot Springs. Magic Springs Theme and Water Park has rollercoasters, water slides and an outdoor concert amphitheater, which holds more than 10 performances each summer. The park is usually open from May through early November. The annual Stueart Pennington's World Championship Running of the Tubs sees teams race custom, wheeled bathtubs through city streets. Oaklawn Racing Casino Resort has Thoroughbred horse racing and hosts the Arkansas Derby, one of the biggest prep races before the Kentucky Derby. The resort also has slots, table games and sports betting.
Some tourists visit Lake Hamilton via Duck Tours.
Oaklawn Racing Casino Resort is located in Hot Springs.
1/2
Lakeside School District gets a high Niche grade
Students are served by five school districts. Lakeside School District is the highest rated by Niche, holding an A grade. The Arkansas School for Mathematics, Sciences, and the Arts, a public school that requires an application, has an A-plus individual grade.
Arkansas School For Mathematics, Sciences, and the Arts is an exclusive school for bright minds.
Lakeside High School is a part of the Lakeside School District that serves Hot Springs families.
1/2
Intracity Transit buses get people around town
U.S. Route 270 runs through the southern part of the city. Hot Springs is around 55 miles from Little Rock, the state capital. Intracity Transit buses take riders down the city’s major streets. Hot Springs Memorial Field is a commercial airport with a few domestic flights. More flights are available at Little Rock’s Bill and Hillary Clinton National Airport. CHI St. Vincent Hot Springs is a 280-bed hospital.
Classic cuisine and retail boutiques
Many city restaurants serve twists on barbecue and classic American cuisine. Pizza parlors are also popular. Downtown Hot Springs has retail boutiques and other distinct shops. Uptown Hot Springs is a shopping mall with name-brand stores. The Hot Springs Farmers & Artisan Market is open year-round on Saturdays.
Downtown Hot Springs features vingage stores, handmade goods, unique restaurants, and more.
Downtown Hot Springs is a living piece of American history tucked into the Ouachita Mountains.
1/2
Long, humid summers are the norm
Data from the Hot Springs Police Department says the city’s property crime rates have fallen in recent years while its violent crime rates have remained steady. The city’s violent crime and property crime rates are above the state and national averages, according to FBI crime data. The city experiences four seasons, with long, humid summers and shorter winters. Tornadoes are possible, particularly in the spring.
Written By
Ryan Kohn
Photography Contributed By
Aaron Bloodworth
Video By
Grace Kim
Interested in learning more about homes in this area?
Reach out to
Jane Hollansworth,
an experienced agent in this area.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
On average, homes in Hot Springs, AR sell after 83 days on the market compared to the national average of 56 days. The median sale price for homes in Hot Springs, AR over the last 12 months is $300,000, down 5% from the median home sale price over the previous 12 months.
~Proven Cash-Flowing Rental Just 1 Mile from Oaklawn~ Located in the heart of Hot Springs, this turn-key brick beauty sits on a spacious corner lot beneath the shade of a majestic Willow Oak. This fully furnished, one-level home offers 3 bedrooms & 2 baths, and is currently operating as a successful income-producing short-term rental. Inside, you’ll appreciate original hardwood floors in the
Updated lakefront condo right on the water available just in time for SUMMER! This gated community is convenient to restaurants, shopping, Oaklawn, and all Hot Springs has to offer! Immediately when you walk through the front door, this condo boasts tons of natural light and spectacular wide open water views! The deck spans the width of the unit-perfect for entertaining and taking in the perfect
Tiffany LindseyCharlotte John Company (Little Rock)
Welcome home to this beautifully maintained 2-bedroom, 2-bath condo offering low-maintenance living. Enjoy a spacious layout with no carpet throughout, providing a clean, modern feel and easy upkeep. The kitchen comes fully equipped with all new appliances, and the refrigerator, washer, and dryer all convey with the property — making this home truly move-in ready. Each unit has one assigned
Welcome home. Where tranquility meets modern living. This charming condo boasts 2 bedrooms and 2 Bathrooms, fireplace in the living room/ dining combo . The well-appointed kitchen, featuring warm wood cabinetry, ample counter space, and a full suite of appliances that convey. One of the true highlights of this property is the outdoor living space. The covered patio is your gateway to nature,
Welcome home. Where tranquility meets modern living. This charming condo boasts 2 bedrooms and 2 Bathrooms, fireplace in the living room/ dining combo . The well-appointed kitchen, featuring warm wood cabinetry, ample counter space, and a full suite of appliances that convey. One of the true highlights of this property is the outdoor living space. The covered patio is your gateway to nature,
Gorgeous corner lot with easy access to amenities. Fiber internet available in this area for easy work from home advantage. Enjoy the community amenities of deeded lake access to Lake Catherine via neighborhood boat ramps, community pool, tennis/pickleball and basketball courts, picinic pavilion with fire pit, disc golf course, playground and park. Clubhouse has banquet room, bar & grill, etc.
Check out this unique opportunity to own a family compound with acreage on Lake Hamilton. A covered boat dock has additional concrete boardwalks & walkways to maximize your lake fun. The large yard leading to the lake has space for yard games or the addition of a pool. 110 Spurwink was remodeled to become a 4 bedroom/4 bathroom home w/ a flex room that would be perfect as a bunk room, gaming
Jean Clare Dickerson
Century 21 Parker & Scroggins Realty - Hot Springs
Experience the best of lakefront living in this stunning 2-bedroom, 2-bath condo on Lake Hamilton! Perfectly situated in the highly sought-after 7 South area, this exceptional property offers breathtaking panoramic views of the water and surrounding mountains. Step inside to find vaulted ceilings, a spacious loft, and an expansive wall of windows that flood the home with natural light while
Gorgeous ground level 2 bedroom condo with NEW FLOORING and a COVERED DOCK on the MAIN CHANNEL! Enjoy the grassy area just off the patio steps away from the covered dock, swim platform and pool. Turn key condo is selling fully furnished. This is an active nightly rental. Quick access to Oaklawn and downtown Hot Springs makes this the ideal location for year round bookings! see for video tour
Jean Clare Dickerson
Century 21 Parker & Scroggins Realty - Hot Springs
Charming all-brick home on just over one fully fenced acre — a rare find that blends quiet country living with everyday convenience. A well-built traditional home with 2 bedrooms, 1 full bath, and 1,116 sq. ft. of living space. With solid construction and timeless brick exterior, this home needs some TLC. Outside, enjoy ample outdoor space perfect for gardening, entertaining, pets, or simply
Donna McGhee
Century 21 Parker & Scroggins Realty - Hot Springs
Developers, investors, and builders take notice!! An 11 acre excellent development opportunity is available in the heart of Hot Springs just 2 blocks from Oaklawn Racing Casino and Resort . This property gives you an all access path to restaurants, shopping, and easy access to Central Ave/Highway 7. Already zoned multi-family (RN-5) with water and electricity at the road. Two entrance points
Gorgeous vista views of Lake Catherine! Build a lake home of your dreams with sunset views of peaceful Lake Catherine. Enjoy living in one of Hot Springs’ premier gated communities with an Olympic size pool, 18 hole PGA golf course, basketball and tennis courts, park and playground. 173 feet of shoreline. www.diamondheadcommunity.com for Diamondhead POA docs
SPACIOUS, UPDATED TRI-LEVEL HOME IN PRIME HOT SPRINGS LOCATION! This beautifully updated 4 bedroom, 3 bath home offer the perfect blend of space, comfort, and functionality. Situated on a quiet, family-friendly street where neighbors know each and kids often gather to play. Located just five minutes from Lakeside School District, area lakes, shopping, dining and medical facilities. Inside,
Ready to make your mark on a property? Here is a blank slate home waiting on the right person to finish it up. New wiring, plumbing and HVAC. Home is ready for insulation, floors and walls on this 3/1 floorpan. You can turn this into a cozy home for yourself and family OR it is priced to make a great rental property for the investors looking to expand their portfolio.
Furnished Lakefront home in quiet neighborhood. L-Shaped home with front entry garage and a wide front porch inviting you in to the beautiful living area with picture window views overlooking the large back yard and Lake Hamilton. Very nice kitchen with ample storage, light and bright with a dine-in level breakfast bar between the living and kitchen. Countertop stove and built in oven. Three
Discover our stunning condo resort, just minutes from the beautiful Lake Hamilton! But that’s not all! Our prime location puts you just moments away from exciting entertainment options, including: *Oaklawn Racing and Casino: Try your luck at the races or enjoy a night of gaming. *Magic Springs: Perfect for family fun, this amusement park offers thrilling rides and water attractions. *Historic
Welcome to this three bedroom, two bathroom home located in the gated Diamondhead subdivision. The home also features an open floor plan with an eat-in kitchen. The home also features a large covered back patio, two car garage, and built-in microwave. Custom tile shower in primary bathroom and large master closet connects the laundry room. Diamondhead amenities include, 18 hole PGA golf course,
Chaley CarterCentury 21 Parker & Scroggins Realty - Hot Springs
Luxury living at the perfect location! Located near Lake Hamilton and the Hot Springs Mall. Equal Housing Opportunity. Contact Times: Monday - Friday, 8:30 am - 5:00 pm Saturday and Sunday closed.
Welcome to 109 Alcorn St Unit A! This furnished 2-bedroom, 1-bath unit offers comfort, convenience, and flexibility. Perfect for traveling professionals, temporary stays, or anyone looking for a move-in ready home. Step inside to find a thoughtfully furnished space with everything you need with starter supplies. The layout provides a functional flow with comfortable living areas. Choose the
UNDER NEW MANAGEMENT! LOCATION, LOCATION, LOCATION!!!! Higdon Ferry Apartments is located **directly** across the street from the Oaklawn Racing Casino Resort, at 605 Higdon Ferry Rd. in Hot Springs, Arkansas. Also nearby St. Vincent Hospital and multiple shopping centers. UNDER NEW MANAGEMENT Spring '24 with 5 star reviews flooding in. Newly renovated, modern 1 to 2 bedroom units designed for
Check out this updated, one-story gem, perfectly situated just minutes from shopping, dining, and the vibrant energy of downtown Hot Springs. This 3-bedroom, 2-bathroom rental offers a modern, low-maintenance lifestyle with durable luxury vinyl plank (LVP) flooring throughout and the peace of mind of a metal roof. The heart of the home features a kitchen updated with sleek granite countertops,
Welcome to Indiandale Apartments. We are leasing and want to be your new home!We are located off Malvern Hwy 270 and conveniently located close to National Park Medical Center. We are within only 5 minutes of the heart of downtown and Lake Hamilton. Make Indiandale Apartments your new home.
Fully Furnished, Lake Front condo in the gated Lakeland Lodge HPR. The condo has one bedroom and two full bathrooms. The condo features a front deck, lake access and a community pool. One small pet welcomed. Three, Six or Twelve month lease available. Rent is $1100 and Deposit is $1350.
Chaley CarterCentury 21 Parker & Scroggins Hot Springs
Welcome to Grand Point Bay Apartments, on the banks of Lake Hamilton. Enjoy the beautiful lake view surrounded by lavish landscaping. Electric Fireplaces in every unit. Let Grand Point Bay Apartments be your new home.
Fully Furnished, Lake Front condo in the gated Lakeland Lodge HPR. The condo has one bedroom and two full bathrooms. The condo features a front deck, lake access and a community pool. One small pet welcomed. Three, Six or Twelve month lease available. Rent is $1100 and Deposit is $1350.
Chaley CarterCentury 21 Parker & Scroggins Realty - Hot Springs
Welcome to an exceptional community of well-appointed apartment homes - wonderfully situated off Highway 7 South in the heart of Hot Springs, yet only minutes away from Historical Downtown Hot Springs, Oaklawn Racing Casino Resort, area lakes, and myriad shopping or dining options! Our community offers thoughtfully designed living spaces with a wide variety of features and amenities, all situated
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.