Hot Springs, SD Real Estate Market Summary – September 8, 2026

In Hot Springs, SD, the market shows a total of 9 homes sold over the last 30 days. Properties are moving at a pace of approximately 1 every 3 days. The average sale price is $446,201, while the median sale price stands at $525,000.

Metric 30 Days
Number Sold 9
Sold Per Day 1 every 3.33 days
Average SQFT 1770
Median Sales Price $525,000
Average Sales Price $446,201
Average Price Per SQFT $251
Average Days on Market 20
Average Year Built 1959

 

Hot Springs, SD Single Family Home Analysis

For single-family homes, 9 have been sold in the last 30 days, matching the overall market trend. The average living area for these homes is about 1,770 square feet, with an average sale price of $446,201 and a median of $525,000.

Metric 30 Days
Number Sold 9
Sold Per Day 1 every 3.33 days
Average SQFT 1770
Median Sales Price $525,000
Average Sales Price $446,201
Average Price Per SQFT $251
Average Days on Market 20
Average Year Built 1959

 

Hot Springs, SD Condo & Townhome Analysis

There is no market data available for that home type at this time.

 

Buyer & Seller Analysis

  • The pace of new listings is 1 every 3.33 days.
  • Average days on the market for homes is 20 days.
  • Average price per square foot is $251.
  • No condo or townhome transactions were recorded during this period.

Conclusion

Overall, the real estate activity in Hot Springs, SD indicates a stable market with consistent sales in single-family homes. Buyers and sellers can expect a clear view of pricing and market engagement based on the available data.

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