House Prices

House Prices & Home Values Hot Springs, NC 2026


Average Data

average house price$1,082,225
average size per house3923 ft²
average price per ft²276 $ / ft²

04/21/2026 - The value range (VR) for house prices in Hot Springs, NC is $292/ sqft to $292/ sqft. An average home with 3923 sqft costs approximately $1,145,516 to $1,145,516. Hot Springs, NC includes 1 ZIP codes and it is located in Madison county. The lowest prices are found in ZIP 28743, while the highest are in ZIP 28743. The average price per sqare feet is $276. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Hot Springs

28743297 $ / ft²




Historical development of home values in Hot Springs

Year Estimated value (USD) Change vs. 2025
2010 $502,605 -53.6%
2011 $483,169 -55.4%
2012 $481,868 -55.5%
2013 $499,879 -53.8%
2014 $524,735 -51.5%
2015 $551,667 -49.0%
2016 $580,456 -46.4%
2017 $611,786 -43.5%
2018 $645,609 -40.3%
2019 $675,545 -37.6%
2020 $710,467 -34.4%
2021 $808,080 -25.3%
2022 $942,040 -13.0%
2023 $993,424 -8.2%
2024 $1,050,895 -2.9%
2025 $1,082,225 0.0%

Graph: estimated home values in Hot Springs over time (USD)



Example: 100% financing house in Hot Springs

Loan amount: $1,082,225

Interest rate: 6.00%

Fixed monthly payment: $6,488.49

Breakdown in the 1st month:
Interest portion: $5,411.13  –  Principal portion: $1,077.36

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $64,571.98 $13,289.85 $1,068,935.15
2 $63,752.29 $14,109.54 $1,054,825.61
3 $62,882.04 $14,979.78 $1,039,845.83
4 $61,958.12 $15,903.70 $1,023,942.12
5 $60,977.22 $16,884.61 $1,007,057.51
6 $59,935.81 $17,926.02 $989,131.50
7 $58,830.17 $19,031.65 $970,099.84
8 $57,656.34 $20,205.48 $949,894.36
9 $56,410.11 $21,451.71 $928,442.65
10 $55,087.02 $22,774.81 $905,667.84
11 $53,682.32 $24,179.51 $881,488.33
12 $52,190.98 $25,670.85 $855,817.48
13 $50,607.66 $27,254.17 $828,563.31
14 $48,926.68 $28,935.15 $799,628.16
15 $47,142.02 $30,719.80 $768,908.36
16 $45,247.29 $32,614.53 $736,293.82
17 $43,235.70 $34,626.13 $701,667.69
18 $41,100.04 $36,761.79 $664,905.90
19 $38,832.65 $39,029.18 $625,876.72
20 $36,425.42 $41,436.41 $584,440.31
21 $33,869.71 $43,992.12 $540,448.19
22 $31,156.37 $46,705.46 $493,742.73
23 $28,275.68 $49,586.15 $444,156.58
24 $25,217.31 $52,644.51 $391,512.07
25 $21,970.32 $55,891.51 $335,620.56
26 $18,523.05 $59,338.78 $276,281.78
27 $14,863.16 $62,998.66 $213,283.12
28 $10,977.54 $66,884.28 $146,398.83
29 $6,852.27 $71,009.56 $75,389.27
30 $2,472.55 $75,389.27 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Hot Springs, NC


1500 sqft3900 sqft
Ø selling price$500,941$1,065,636
Ø fast selling$455,401$959,073
Ø high price sale$546,480$1,172,200

In 2026, houses in Hot Springs, NC will be offered at an average price of $276 per square foot. A 1,500 sqft home priced at $500,941 is 23.35% more expensive per square foot than a 3,900 sqft home priced at $1,065,636. Home prices in Hot Springs, NC vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $737,749. Sellers who can wait longer may achieve a higher price of up to $901,693.


Explore Hot Springs, NC

Hot Springs, North Carolina is a charming mountain town where the Appalachian Trail meets the French Broad River.
Famous for its natural hot mineral springs and relaxing soaks, this destination blends outdoor adventure with small-town hospitality.

Outdoor Adventures

Hikers love the easy access to the Appalachian Trail, Lover?s Leap Loop, and nearby Max Patch?s panoramic balds.
Whitewater rafting, kayaking, and fly-fishing on the French Broad River offer thrills for all skill levels. After a day outside, unwind at the Hot Springs Resort & Spa with private mineral tubs set beside the river.

Downtown and Lodging

Downtown Hot Springs features locally owned cafes, craft beer, live music, and outfitters that curate gear and guided trips.
Cozy cabins, riverside campgrounds, and boutique lodges provide lodging options for romantic getaways and family vacations. Scenic drives like NC Highway 209, known as The Rattler, showcase Blue Ridge Mountain vistas in every season.

Events and Getting Here

Annual events such as Trailfest celebrate the town?s trail culture and welcome Appalachian Trail thru-hikers each spring.
Just 45 minutes from Asheville, Hot Springs, NC is an easy day trip or weekend escape for soaking, hiking, and reconnecting with nature.



FAQ – Home Values in Hot Springs

What is the median home value in Hot Springs in 2026?

In 2026, the typical home value in Hot Springs is about $1,082,225 for an average home size of 3923 square feet. This corresponds to an average price of roughly $276 per square foot.

What is the average cost per square foot in Hot Springs?

In 2026, homes in Hot Springs sell for an average of around $276 per square foot, with a typical range between $292 and $292 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Hot Springs is about 3923 square feet, with an estimated 2026 value around $1,082,225.



Locations close to Hot Springs, NC

Lake Junaluska, NC262 $ / ft²
Lake Lure, NC195 $ / ft²
Lake Toxaway, NC360 $ / ft²
Horse Shoe, NC294 $ / ft²
Highlands, NC447 $ / ft²
Green Mountain, NC248 $ / ft²
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