
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 $367,369 in June, 0.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 17, the 30-year fixed mortgage rate sits at 6.75%.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: $121,417
- 1-year price change: -0.5%
- 5-year price change: +47.2%

#6. Jessieville, AR
- Typical home value: $152,670
- 1-year price change: -6.6%
- 5-year price change: +27.8%

#5. Hot Springs, AR
- Typical home value: $249,807
- 1-year price change: +0.5%
- 5-year price change: +55.1%

#4. Bonnerdale, AR
- Typical home value: $252,786
- 1-year price change: -1.5%
- 5-year price change: +55.8%

#3. Pearcy, AR
- Typical home value: $267,749
- 1-year price change: +1.9%
- 5-year price change: +55.4%

#2. Royal, AR
- Typical home value: $286,818
- 1-year price change: +2.2%
- 5-year price change: +60.7%

#1. Hot Springs Village, AR
- Typical home value: $303,737
- 1-year price change: +0.5%
- 5-year price change: +55.9%