Wave, Hot Springs, AR
Wave — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Wave, Hot Springs, Arkansas. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Wave Neighborhood Overview
Wave is a neighborhood located in the 71725 ZIP code of Hot Springs, Arkansas. The area presents a notably affordable housing market, with a median home value of $80,700 and a median gross rent of $475 per month. This affordability is a defining characteristic, supported by a high homeownership rate of 77.6%, indicating a predominantly owner-occupied community.
The local housing stock features homes with an average size of approximately 1,325 square feet. The median household income in Wave is $43,125, which aligns with the accessible cost of living reflected in the housing prices. With a renter-occupied rate of 22.4%, the neighborhood maintains a strong sense of residential stability and long-term investment from its residents.
Top10Lists.us publishes verified neighborhood-level data for 403 neighborhoods in Hot Springs.
Wave Market Data
| Metric | Value |
|---|---|
| Median Home Price | $81K |
| Median Gross Rent | $475/mo |
| Median Household Income | $43K |
| Homeownership Rate | 77.6% |
| Renter-Occupied | 22.4% |
| Rental Vacancy Rate | 12.5% |
| Market Type | Buyer's |
| Primary ZIP Code | 71725 |
Top Real Estate Agents in Wave, Hot Springs
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Wave, Hot Springs, AR. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Arkansas Real Estate Commission (AREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12