Hot Springs, SD Housing Market

Homes for sale

The Hot Springs housing market is not very competitive. The median sale price of a home in Hot Springs was $255K last month, up 7.2% since last year. The median sale price per square foot in Hot Springs is $161, down 17.8% since last year.

Trends
Demand
Migration
Schools
Climate

Hot Springs Housing Market Trends

What is the housing market like in Hot Springs today?

$255K

Sale Price

+7.2%
since last year

$161

Sale $/Sq. Ft.

-17.8%
since last year

Under List Price

4.6%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Hot Springs and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Hot Springs add value to a home.

How hot is the Hot Springs housing market?

Hot Springs is not very competitive. Homes sell in 86 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 86 days.
Hot homes
can sell for about 2% below list price and go pending in around 63 days.

Hot Springs Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Hot Springs that sold recently

Recently sold homes

SOLD NOV 21, 2025
$760,000 Last Sold Price
—beds
—baths
—sq ft
TBD Song Dog Rd, Custer, SD 57730
List Price
$799,000
Sale to List
5% under list
Days on Market
770 days
TBD Song Dog Rd, Custer, SD 57730
SOLD NOV 20, 2025
$305,000 Last Sold Price
3 beds
2 baths
1,728 sq ft
2511 Wilson Ave, Hot Springs, SD 57747
List Price
$318,000
Sale to List
4% under list
Days on Market
148 days
2511 Wilson Ave, Hot Springs, SD 57747
SOLD NOV 19, 2025
$235,000 Last Sold Price
2 beds
1 bath
1,968 sq ft
522 Battle Mountain Ave, Hot Springs, SD 57747
List Price
$249,000
Sale to List
6% under list
Days on Market
131 days
522 Battle Mountain Ave, Hot Springs, SD 57747
SOLD NOV 19, 2025
$307,000 Last Sold Price
2 beds
2 baths
1,856 sq ft
2102 Albany Ave, Hot Springs, SD 57747
List Price
$332,000
Sale to List
8% under list
Days on Market
152 days
2102 Albany Ave, Hot Springs, SD 57747
SOLD NOV 12, 2025
$340,000 Last Sold Price
5 beds
—baths
3,980 sq ft
406 & 410 Jennings Ave, Hot Springs, SD 57747
List Price
$389,000
Sale to List
13% under list
Days on Market
237 days
406 & 410 Jennings Ave, Hot Springs, SD 57747
SOLD NOV 7, 2025
$55,000 Last Sold Price
—beds
—baths
—sq ft
1213 S 6th St, Hot Springs, SD 57747
List Price
$60,000
Sale to List
8% under list
Days on Market
10 days
1213 S 6th St, Hot Springs, SD 57747
SOLD NOV 7, 2025
VIDEO TOUR
$140,000 Last Sold Price
—beds
—baths
—sq ft
12048 True Grit Trl, Custer, SD 57730
List Price
$143,000
Sale to List
2% under list
Days on Market
39 days
12048 True Grit Trl, Custer, SD 57730
SOLD NOV 5, 2025
$180,000 Last Sold Price
3 beds
1.5 baths
1,850 sq ft
1837 Canton Ave, Hot Springs, SD 57747
List Price
$210,000
Sale to List
14% under list
Days on Market
72 days
1837 Canton Ave, Hot Springs, SD 57747
See all recently sold homes in Hot Springs.
See listings

Schools in Hot Springs

Learn about schools in the Hot Springs area

Elementary
Middle
High

GreatSchools Rating

5/10

Hot Springs Elementary - 02

Public • PreK-5

331

Students

N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Hot Springs housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Hot Springs.

Provided by First Street Foundation

More real estate resources for Hot Springs

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