
Cities with the most expensive homes in the Hot Springs metro area
Cities with the most expensive homes in the Hot Springs metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $366,289 in May, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of June 18, the 30-year fixed mortgage rate sits at 6.81%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Hot Springs metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.

#7. Mountain Pine, AR
- Typical home value: $117,233
- 1-year price change: +2.0%
- 5-year price change: +50.1%

#6. Jessieville, AR
- Typical home value: $151,243
- 1-year price change: -4.0%
- 5-year price change: +30.2%

#5. Hot Springs, AR
- Typical home value: $249,507
- 1-year price change: +1.1%
- 5-year price change: +55.8%

#4. Bonnerdale, AR
- Typical home value: $251,686
- 1-year price change: +0.2%
- 5-year price change: +56.8%

#3. Pearcy, AR
- Typical home value: $266,722
- 1-year price change: +2.3%
- 5-year price change: +55.3%

#2. Royal, AR
- Typical home value: $284,551
- 1-year price change: +3.4%
- 5-year price change: +61.5%

#1. Hot Springs Village, AR
- Typical home value: $302,583
- 1-year price change: +0.5%
- 5-year price change: +56.0%