Hot Springs, AR is seeing rapid growth and Hot Springs, AR's' housing market remains optimal with an average home price that is -41% below the 2023 national average. Hot Springs, AR is part of Garland county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2023 for county Garland is 0.46% which is below the national average, which is 0.99%.