How much house does $500,000 buy you in Hot Springs?

Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000. 

These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.

While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Hot Springs?

To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Hot Springs right now. Listings below $500,000 were included if necessary.

158 & 144 A&B Isaac Ln, Hot Springs, AR 71901
- Price: $475,000
- 8 bedrooms, 4 bathrooms
- Square feet: 3,803
- See 158 & 144 A&B Isaac Ln, Hot Springs, AR 71901 on Redfin.com

144 Isaac Ln, Hot Springs National Park, AR 71901
- Price: $475,000
- 8 bedrooms, 4 bathrooms
- Square feet: 2,034
- See 144 Isaac Ln, Hot Springs National Park, AR 71901 on Redfin.com

144 A&B-158 A&B Isaac Ln, Hot Springs, AR 71901
- Price: $475,000
- 8 bedrooms, 4 bathrooms
- Square feet: 2,034
- See 144 A&B-158 A&B Isaac Ln, Hot Springs, AR 71901 on Redfin.com

209 Trojan Ter, Hot Springs National Park, AR 71913
- Price: $499,900
- 5 bedrooms, 5 bathrooms
- Square feet: 4,697
- See 209 Trojan Ter, Hot Springs National Park, AR 71913 on Redfin.com

451 Lakeland Dr, Hot Springs National Park, AR 71913
- Price: $499,500
- 4 bedrooms, 4 bathrooms
- Square feet: 2,984
- See 451 Lakeland Dr, Hot Springs National Park, AR 71913 on Redfin.com

734 Park Ave, Hot Springs National Park, AR 71901
- Price: $489,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,437
- See 734 Park Ave, Hot Springs National Park, AR 71901 on Redfin.com

113 Trivista Right St, Hot Springs National Park, AR 71901
- Price: $499,500
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,599
- See 113 Trivista Right St, Hot Springs National Park, AR 71901 on Redfin.com

191 Taylor Pl, Hot Springs National Park, AR 71901
- Price: $476,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,057
- See 191 Taylor Pl, Hot Springs National Park, AR 71901 on Redfin.com

113 Burchwood Bay Cv, Hot Springs National Park, AR 71913
- Price: $474,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,081
- See 113 Burchwood Bay Cv, Hot Springs National Park, AR 71913 on Redfin.com

18 Inca Ln, Hot Springs Village, AR 71909
- Price: $475,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,822
- See 18 Inca Ln, Hot Springs Village, AR 71909 on Redfin.com

132 Victoria Ln, Hot Springs National Park, AR 71901
- Price: $475,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,479
- See 132 Victoria Ln, Hot Springs National Park, AR 71901 on Redfin.com

202 Quail Ridge Dr, Hot Springs National Park, AR 71901
- Price: $475,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,783
- See 202 Quail Ridge Dr, Hot Springs National Park, AR 71901 on Redfin.com

113 Lake Forest Shores Ter, Hot Springs, AR 71963
- Price: $499,900
- 4 bedrooms, 2 bathrooms
- Square feet: 2,074
- See 113 Lake Forest Shores Ter, Hot Springs, AR 71963 on Redfin.com

113 Lake Forest Shores Ter, Hot Springs National Park, AR 71913
- Price: $499,900
- 4 bedrooms, 2 bathrooms
- Square feet: 2,074
- See 113 Lake Forest Shores Ter, Hot Springs National Park, AR 71913 on Redfin.com

789 Buena Vista Rd, Hot Springs National Park, AR 71913
- Price: $485,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,208
- See 789 Buena Vista Rd, Hot Springs National Park, AR 71913 on Redfin.com

681 Shady Grove Rd, Hot Springs National Park, AR 71901
- Price: $492,500
- 3 bedrooms, 3 bathrooms
- Square feet: 2,761
- See 681 Shady Grove Rd, Hot Springs National Park, AR 71901 on Redfin.com

1 Guadalajara Ln, Hot Springs Village, AR 71909
- Price: $500,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,550
- See 1 Guadalajara Ln, Hot Springs Village, AR 71909 on Redfin.com

154 Shooting Star Trl, Fountain Lake, AR 71901
- Price: $485,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,203
- See 154 Shooting Star Trl, Fountain Lake, AR 71901 on Redfin.com

115 Mount Carmel Rd, Hot Springs National Park, AR 71913
- Price: $495,500
- 3 bedrooms, 3 bathrooms
- Square feet: 1,595
- See 115 Mount Carmel Rd, Hot Springs National Park, AR 71913 on Redfin.com

105 Saratoga, Hot Springs National Park, AR 71901
- Price: $500,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,833
- See 105 Saratoga, Hot Springs National Park, AR 71901 on Redfin.com

23 Fineza Way, Hot Springs Village, AR 71909
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,476
- See 23 Fineza Way, Hot Springs Village, AR 71909 on Redfin.com

157 E Hawkview Pl, Royal, AR 71968
- Price: $495,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,168
- See 157 E Hawkview Pl, Royal, AR 71968 on Redfin.com

215 Long Beach Dr, Hot Springs National Park, AR 71913
- Price: $494,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,054
- See 215 Long Beach Dr, Hot Springs National Park, AR 71913 on Redfin.com

400 Bayshore Dr, Hot Springs National Park, AR 71901
- Price: $485,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,321
- See 400 Bayshore Dr, Hot Springs National Park, AR 71901 on Redfin.com

135 Callaway Cir, Hot Springs National Park, AR 71913
- Price: $487,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,088
- See 135 Callaway Cir, Hot Springs National Park, AR 71913 on Redfin.com

3478 Airport Rd, Pearcy, AR 71964
- Price: $475,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,076
- See 3478 Airport Rd, Pearcy, AR 71964 on Redfin.com

675 Aldridge Rd, Pearcy, AR 71964
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,587
- See 675 Aldridge Rd, Pearcy, AR 71964 on Redfin.com

5371 Central Ave, Hot Springs National Park, AR 71913
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,467
- See 5371 Central Ave, Hot Springs National Park, AR 71913 on Redfin.com

142 Apple Blossom Pl, Hot Springs National Park, AR 71913
- Price: $493,000
- 2 bedrooms, 2 bathrooms
- Square feet: 2,424
- See 142 Apple Blossom Pl, Hot Springs National Park, AR 71913 on Redfin.com