2025 Garland County Real Estate: Bright Outlook Ahead!
As we step into 2025, I am optimistic about the Garland County real estate market’s potential. While 2024 saw a 6% decline in year-end sales, recent data shows a 15% increase in buyer inquiries and a 10% rise in pending home sales compared to the previous quarter. Median home prices in Garland County hover around $329,500, reflecting stability despite national market fluctuations.
Hot Springs continues to shine as a prime destination, thanks to its bustling tourism scene. Oaklawn’s horse racing season attracts thousands annually, while the city’s numerous parades, music festivals, art shows, car rallies, and outdoor recreation options—hiking, biking, and boating—keep the area vibrant. Celebrity concerts and fireworks displays over Lake Hamilton add to the city’s appeal, making it a sought-after location for both vacation homes and permanent residences.
Nationally, President Trump’s incoming administration promises pro-growth economic policies, which could fuel the housing market. Tax incentives for homeowners, potential interest rate stability, and infrastructure investments are expected to positively impact real estate. While there are discussions about tariffs on building materials, Garland County’s market remains resilient, driven by strong local demand and a steady influx of new residents.
For sellers, inventory remains tight, and competitively priced homes are selling within weeks. Buyers can still find excellent value, especially with mortgage rates remaining relatively low. With over twenty years in real estate and $220 million in sales, I’ve had the privilege of helping so many of you find homes, sell properties, and make lasting memories here. I am grateful for your trust and continued support, and I’m excited to keep working together in the year ahead.
If you’re considering making a move or just want to catch up on the latest in the market, let’s connect. I’m here to help you navigate the market with confidence and success. Thank you for being part of my journey—I’m always here for you.
Jeff Kennedy, REALTOR®
Hot Springs 1st Choice Realty
135 Mall Drive, Hot Springs AR 71913
(501) 655-6247
[email protected]
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Garland County Real Estate Market Update
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Welcoming a Bright Future Together
When you work with Jeff Kenned and his team, you benefit from professionals who understand your needs and will work their absolute hardest to ensure excellent results for you and your family. Give Jeff a call today and discover the difference we can make for you!