Is Hot Springs, VA 24445 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Hot Springs is a buyer’s market. With about 12.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.3Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list94.3%Sold price ÷ list price
Median days on market95Listing to accepted offer
Median price per sq ft$120▲ +17.2% vs. last year

Nearby markets

Millboro 24460Balanced $151 /sq ftWarm Springs 24484Buyer’s market $28 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology