This report will be concerned with waterfront homes, both stick built and manufactured. No Condos, but zero lot line properties are included.
Today, in Garland County, Arkansas (the county where Hot Springs is located), There are 228 Waterfront Single Family (WSF) listed in the Hot Springs Board of Realtors® Multiple Listing Service. The lowest price home is $84,900 and the highest is $4,899,000. The average price for a waterfront single family home today is $579,217 and the median price is $425,000.
If we play with the data a little bit, by removing the end numbers, The average changes to $562,000.