Hot Springs, NC

Buyer's market

Housing market overview · Updated weekly

$400,000median sale price

Homes sold

1

Last 12 weeks

Days on market

211

Average pace

Active listings

7

7.0 months supply

Sale-to-list

94.1%

Below asking

The Hot Springs housing market is currently classified as a buyer's market with a median sale price of $400,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 211 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Hot Springs

There are currently 7 homes listed for sale in Hot Springs, North Carolina. The median listing price is $245K.

Active listings

7

Homes on market

Median list price

$245K

Avg. days on market

211

Days until sale

New this week

1

Newly listed

Price drops:42.9%of listings
Sale-to-list:94.1%

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Frequently asked questions

What is the average home price in Hot Springs?

The median home sale price in Hot Springs is $400,000, down 0.0% from last year.

How long do homes stay on market in Hot Springs?

Homes typically spend 211 days on market before going under contract.

Is Hot Springs a buyer's or seller's market?

With 7.0 months of supply, Hot Springs is currently a buyer's market.

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