Metro area index
Home appreciation in the Hot Springs, AR metro area
FHFA HPI® data shows the Hot Springs, AR metro area's all-transactions index changed -1.3% over the year to Q2 2026, versus +3.1% for Arkansas and +3.0% for the U.S. That ranks 392nd of 410 metro areas and divisions FHFA tracks.
- 1-year change
- -1.3%
- 5-year change
- +39.9%
- Since Q1 1995
- +225%
- Metro rank (1 year)
- 392nd
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Hot Springs, AR vs Arkansas and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Hot Springs, AR: 324.8
- Arkansas: 318.0
- United States: 391.6
Appreciation by time window
| Window | Metro | AR | U.S. | Gap vs AR | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | -1.3% | +3.1% | +3.0% | −4.5 pts | −4.3 pts |
| 3 years | +3.0% | +12.7% | +12.9% | −9.7 pts | −9.8 pts |
| 5 years | +39.9% | +45.4% | +41.3% | −5.4 pts | −1.4 pts |
| 10 years | +86.8% | +85.9% | +93.3% | +0.9 pts | −6.5 pts |
| Since Q1 1995 | +225% | +218% | +292% | +6.8 pts | −66.7 pts |
3-digit ZIP regions in the Hot Springs, AR area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 719 · Hot Springs, AR area | AR | +2.1% | +45.1% | +227% | 56% |
Boom, bust, and recovery in Hot Springs, AR area
Hot Springs, AR area's index peaked in Q2 2008, fell 10.0% to its low in Q4 2014, and regained its peak in Q3 2017, about 9.2 years after the top. Today it sits +72.3% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2008 | Q4 2014 | -10.0% | Q3 2017 (9.2 yrs) | +72.3% |
| AR | Q4 2007 | Q2 2011 | -6.7% | Q3 2015 (7.8 yrs) | +89.2% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Hot Springs, AR area's index has changed +46.7% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | AR after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -5.0% | -0.7% | -0.8% |
| 3 years | +9.8% | -6.2% | +2.6% | +2.8% |
| 5 years | +24.0% | +12.8% | +17.2% | +13.9% |
| 10 years | +39.1% | +34.3% | +33.7% | +39.0% |
| Since Q1 1995 | +121% | +46.7% | +43.6% | +76.8% |
If you bought in the Hot Springs, AR area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +215% | $943,758 |
| Q2 2000 | +168% | $802,793 |
| Q2 2005 | +113% | $639,600 |
| Q2 2010 | +89.1% | $567,354 |
| Q2 2015 | +80.7% | $542,133 |
| Q2 2020 | +57.4% | $472,062 |
| Q2 2021 | +39.9% | $419,778 |
| Q2 2023 | +3.0% | $309,029 |
| Q2 2025 | -1.3% | $296,071 |
Frequently asked questions
- How much have home prices risen in the Hot Springs, AR area?
- FHFA HPI® data for the Hot Springs, AR metro area shows changes of -1.3% over one year, +39.9% over five years, and +86.8% over ten years to Q2 2026, and +225% since Q1 1995.
- Is the Hot Springs, AR area beating the national average?
- Over the past year the metro's index moved −4.3 pts versus the U.S.; over five years the gap is −1.4 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.