Housing Prices in Hot Springs, NC
How much do homes in Hot Springs, NC cost?
Median List Price
$417,000
$254/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Hot Springs has increased by 46.3% since last year.
Summary: The median home list price in Hot Springs was $417,000 in March 2024, up 46.3% from the previous year, and the median price per square foot was $254.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $384.5K | $498.9K | +29.8% |
| 2 Bedrooms | $282K | $389K | +37.9% |
| 3 Bedrooms | $340K | $435K | +27.9% |
| 4 Bedrooms | $169K | $395K | +133.7% |
| 5+ Bedrooms | - | $925K | N/A |
Summary: Hot Springs housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.8%, 2 bedroom homes increased by 37.9%, 3 bedroom homes increased by 27.9%, 4 bedroom homes increased by 133.7%, and 5+ bedroom homes did not change.
Housing Supply in Hot Springs, NC
How many homes are available in Hot Springs, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The Hot Springs real estate market had 10 homes for sale in March 2024, a 16.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Hot Springs housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Hot Springs, NC
How long does it take to sell a home in Hot Springs, NC?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 204 Days | 149 Days | -26.7% |
Summary: Homes in Hot Springs had an average listing age of 149 days in Mar 2024, down by 26.7% compared to the previous year.
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