Housing in Hot Springs, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$325,000

Median List Price

N/A

Price Per Sq Ft

$135

Days on Market

119

Active Inventory

7

Months of Supply

7.0

Buyer's market

Zillow Home Value

$318,645

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 4.4%List Price 87.0%Jun 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

93.1%

Buyer's market

Sold Above Asking
0.0%
Listings with Price Drops
14.3%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 0.0%New Listings 33.3%Pending 0.0%Jun 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$135

Sale $/SF 27.0%List $/SF 35.8%Jun 24Jan 26

Hot Springs vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Hot Springs is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$184,900

Median Rent

$488

Total Housing Units

296

Vacancy Rate

31.1%

Owner Occupied

51.5%

Renter Occupied

48.5%

Median Property Tax

$861

per year

Monthly Cost (w/ Mortgage)

$498

Housing Types

Single Family
56.8%
Multi-Family
23.3%
Mobile Home
19.9%

The current median sale price in Hot Springs, NC is $325,000 according to Redfin data. Homes spend a median of 119 days on the market. 0.0% of homes sold above asking price. The market has 7.0 months of supply. The median price per square foot is $135. The median rent is $488 per month (Census ACS). About 51.5% of housing units are owner-occupied. The median year homes were built is 1972. There are 296 total housing units.