ZIP Code Market Report
71913 — Hot Springs, AR
Data through February 2026 · Updated monthly
Avg Home Value
$256,935
▼ 1.5% year-over-year
Month-over-Month
-0.7%
▼ 0.7%
Single Family
$255,209
Condo / Co-op
$258,983
The average home value in the 71913 ZIP code (Hot Springs, Arkansas) is $256,935 as of February 2026. Home prices are declining, down 1.5% compared to last year.
A 3-bedroom home in 71913 is valued at $265,181. 1-bedroom units start around $166,872. Single-family homes average $255,209, while condos average $258,983.
The market in 71913 has a $363,726 spread between bottom-tier homes at $142,493 and top-tier homes at $506,219. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 71913 ZIP code will increase 0.5% over the next 12 months, bringing the projected average to approximately $258,219. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Garland County market area in Arkansas. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Garland County report.
Free Home Value Estimate
What's your home worth in 71913 (Hot Springs)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
71913 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $259,492 | $258,656 | $256,935 | ▼ 1.0% |
| Single Family Value | $255,224 | $255,090 | $255,209 | No Change |
Home Values
71913 Home Value Trend
Historical home values for ZIP code 71913. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 71913
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $166,872 |
| 2 Bedrooms | $208,836 |
| 3 Bedrooms | $265,181 |
| 4 Bedrooms | $447,082 |
Property Types
Home Values by Property Type in 71913
How different property types compare in this ZIP code.
All Homes
$256,935
Single Family
$255,209
Condo / Co-op
$258,983
Bottom Tier
$142,493
Top Tier
$506,219
Forecast
12-Month Home Value Forecast for 71913
Zillow projects home values in 71913 will increase 0.5% over the next year, reaching approximately $258,219.
Current Value
$256,935
Projected Change
+0.5%
▲ 0.5%
Projected Value
$258,219
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 71913 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Hot Springs?
Run your ARV and MAO instantly with live market data