Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$136,527
Since
Range: $95,568-$177,485
Evaluated May 28, 2025
1 Year
5 Years
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Property Facts
4240 Park Ave, Hot Springs, AR is a single family home that contains 1,850 Sq. Ft. and was built in 1948. It contains 2 bedrooms and 1 bathroom. This home last sold for $38,000 on 2/17/2010.
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County:GARLAND
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Year Built:1948
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Living Area:1,850 Sq. Ft.
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Lot Size:17,150 Sq. Ft.
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Zone:-
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Parcel:200-57100-004-000
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Bedrooms:2
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Bathrooms:1
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Owner:HITT, HANNAH ROSE
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Property History
Price History
Date
Event
Price
Source
11/20/2019
Sold
$800
Public Records
2/17/2010
Sold
$38,000
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$191 (-19.07%)
$23,630 (0%)
2023
$236 (-7.81%)
$23,630 (0%)
2022
$256 (+13.78%)
$23,630 (+50.99%)
2021
$225 (0%)
$15,650 (0%)
2020
$225 (0%)
$15,650 (0%)
2019
$225 (-62.5%)
$15,650 (0%)
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Market Trends
Hot Springs
71901
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
1 Year
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Jun 2024
83 Days
May 2025
107 Days
Change
+28.9%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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Area Statistics
People
ZIP (71901)
City (Hot Springs)
Population
30,275
38,050
Population Density
293
1,043.8
People Per Household
2.4
2.2
Median Age
40.8
43.2
Median Household Income
$48,485
$42,718
Average Income
$27,675
$26,127
Economy
ZIP (71901)
City (Hot Springs)
Unemployment
2.80%
3.00%
Recent Job Growth
2.08%
2.08%
Future Job Growth
44.96%
44.66%
Sales Tax
9.50%
9.50%
Income Tax
5.50%
5.50%
Cost of Living Index
85.6
86.1
Environment
ZIP (71901)
City (Hot Springs)
Altitude
464
597
Rainfall (Inches Annually)
56.5
56.5
Snowfall (Inches Annually)
2.5
2.1
January Avg. Low Temp
30.4
30.4
July Avg. High Temp
92.2
92.2
Days of Precipitation Annually
108
108
Days Mostly Sunny Annually
219
215
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Data provided by GreatSchools.org © 2025.
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