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Featured local agent — Hot Springs, NC
Sarah Mitchell
Compass Real Estate · Hot Springs, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hot Springs, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$310,000median sale price
How is the Hot Springs, NC housing market right now?
The median home sale price in Hot Springs, NC is $310,000, up 954.4% year-over-year. Homes sell in an average of 215 days with 12 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hot Springs a buyer's or seller's market?
Hot Springs, NC is currently a buyer's market, based on 12.0 months of supply and homes selling in about 215 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
215
Average pace
Active listings
12
12.0 months supply
Sale-to-list
100.0%
Above asking
What does the Hot Springs housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $310,000 |
| Year-over-year price change | +954.4% |
| Average days on market | 215 days |
| Active inventory | 12 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $185/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 25.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Hot Springs by property type?
How the Hot Springs, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $310,000 | $185/sq ft | 1 | 215 days |
Source: Redfin · Updated monthly
The Hot Springs housing market is currently classified as a buyer's market with a median sale price of $310,000. Prices have risen 954.4% compared to last year, with homes spending an average of 215 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 8.3x provides context for how home values compare to local earning capacity.
Homes for sale in Hot Springs
There are currently 12 homes listed for sale in Hot Springs, North Carolina.
Active listings
12
Homes on market
Avg. days on market
215
Days until sale
Who lives in Hot Springs?
Population
494
Median income
$39,167/yr
Median age
46.4 years
Owner-occupied
51.5%
College grads
25.3%
Avg commute
25.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Hot Springs?
Zillow home value
$325,900
Price-to-income
8.3x
Source: Zillow Research
What is it like to live in Hot Springs?
Hot Springs is a community of approximately 0K residents with a median age of 46.4 years.The median household income is $39,167, which represents a working-class community with solid middle-income opportunities. 25.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 51.5%, showing a blend of owner and renter-occupied properties. The average commute time is 25.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hot Springs offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hot Springs?
1 schools tracked · 138 students
The largest public schools serving Hot Springs, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hot Springs Elementary
Grades K-5 · 138 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hot Springs, NC?
Want a head-to-head view? Compare Hot Springs side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hot Springs?
The median home sale price in Hot Springs is $310,000, up 954.4% from last year.
How long do homes stay on market in Hot Springs?
Homes typically spend 215 days on market before going under contract.
What is the median income in Hot Springs?
The median household income is $39,167 per year.
Is Hot Springs a buyer's or seller's market?
With 12.0 months of supply, Hot Springs is currently a buyer's market.
What is the Zillow home value estimate for Hot Springs?
The Zillow Home Value Index (ZHVI) for Hot Springs is $325,900, representing the typical home value in the area.
How much does a single-family home cost in Hot Springs?
The median single-family home price in Hot Springs, NC is $310,000 (about $185 per square foot).
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