$2,363 Closing Credit*
$199,000
2 Beds
•1 Full Bath
Listing Office: Mountain Home Properties
Housing Prices in Hot Springs, NC
How much do homes in Hot Springs, NC cost?
Median List Price
$395,000
$257/sqft
Based on all homes listed in the last 12 months.
The Median List Price hasn't changed since October 2023.
Key Takeaway
The list price of homes in Hot Springs has remained the same since last year.
Summary: The median home list price in Hot Springs was $395,000 in October 2024, the same as the previous year, and the median price per square foot was $257.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $467.5K | +21.4% |
| 2 Bedrooms | $299K | $399K | +33.4% |
| 3 Bedrooms | $398K | $359.5K | -9.7% |
| 4 Bedrooms | $395K | $740K | +87.3% |
| 5+ Bedrooms | $1.3M | $997K | -28.5% |
Summary: Hot Springs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.4%, 2 bedroom homes increased by 33.4%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 87.3%, and 5+ bedroom homes decreased by 28.5%.
Housing Supply in Hot Springs, NC
How many homes are available in Hot Springs, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Hot Springs real estate market had 19 homes for sale in October 2024, a 11.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hot Springs housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Days on Market for Hot Springs, NC
How long does it take to sell a home in Hot Springs, NC?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 140 Days | 122 Days | -12.3% |
Summary: Homes in Hot Springs had an average listing age of 122 days in Oct 2024, down by 12.3% compared to the previous year.
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