Housing in Hot Springs, VA

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

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$204,592

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

68th%ilemost expensive$254,400show rank

Census Housing Data

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

Median Home Value

$254,400

Median Rent

N/A

Total Housing Units

598

Vacancy Rate

60.9%

Owner Occupied

77.3%

Renter Occupied

22.6%

Median Property Tax

$920

per year

Monthly Cost (w/ Mortgage)

$521

Housing Types

Single Family

86.8%

Multi-Family

13.2%

Mobile Home

0.0%

The median home value in Hot Springs, VA is $254,400. According to Zillow, the home value index for Hot Springs is $204,592. About 77.3% of housing units are owner-occupied. The median year homes were built is 1967. There are 598 total housing units.