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HOT SPRINGS, VA 24445

Real Estate Market Report  ·  Bath County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
16
⇧ 14.3% vs 14 last year
Pending
5
31% pending ratio
Median Price
$438,950
⇩ 26.7% vs $599,000 last year
Average Price
$866,575
⇩ 13.7% vs $1,004,438 last year
Days on Market
172
⇧ 24.6% vs 138 days last year

Market Context

Population: 2,582  ·  Density: 10.3/mi²  ·  Median household income: $54,787

Typical home value: $165,883  ·  Homeownership: 67.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The HOT SPRINGS, VA real estate market (24445) currently shows 16 active listings, with 5 pending sales. Homes are averaging 172 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 172 days on market compared to 138 days last year.

The median listing price has fallen 26.7% year-over-year, from $599,000 to $438,950.

Whether you are buying or selling in HOT SPRINGS, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 14 last year
  • Days on market: 172 now vs 138 last year

Median & Average Pricing

Year over Year
  • Median: $438,950 (-26.7% YoY)
  • Average: $866,575 (-13.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.4 miles — 202 listings ($92,762,668 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24445Hot Springs, VA 244450.0 mi16$13,865,200$438,950$866,575
24422Clifton Forge, VA 2442211.7 mi26$6,300,788$139,000$242,338
24484Warm Springs, VA 2448412.8 mi3$795,000$265,000$265,000
24426Covington, VA 2442617.3 mi53$17,519,574$219,950$330,558
24085Eagle Rock, VA 2408520.2 mi8$1,250,536$169,950$156,317
24924Buckeye, WV 2492421.5 mi1$285,000$285,000$285,000
24450Lexington, VA 2445022.7 mi60$31,040,520$381,395$517,342
24934Dunmore, WV 2493425.0 mi2$718,000$359,000$359,000
24473Rockbridge Baths, VA 2447325.9 mi5$2,182,400$379,000$436,480
24578Natural Bridge, VA 2457827.4 mi4$2,808,000$702,000$702,000
24432Deerfield, VA 2443228.0 mi3$809,550$269,850$269,850
24927Cass, WV 2492729.6 mi3$471,750$157,250$157,250
24090Fincastle, VA 2409030.4 mi18$14,716,350$541,200$817,575

Frequently Asked Questions

How many homes are for sale in HOT SPRINGS, VA 24445?

As of January 2026, there are 16 active listings in HOT SPRINGS, VA (zip code 24445), compared to 14 the prior year.

What is the median home price in HOT SPRINGS, VA 24445?

The median listing price in HOT SPRINGS, VA 24445 is $438,950 as of January 2026, a 26.7% decrease from $599,000 the prior year.

How long do homes stay on the market in HOT SPRINGS, VA?

Homes in HOT SPRINGS, VA 24445 spend an average of 172 days on the market before going under contract, compared to 138 days the prior year.

Is it a seller's or buyer's market in HOT SPRINGS, VA 24445?

Based on current inventory and days-on-market data as of January 2026, HOT SPRINGS, VA 24445 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 172 days on market compared to 138 days last year.

How much can I save on real estate commission in HOT SPRINGS, VA?

With SELL123.com's maximum 3% commission, sellers in HOT SPRINGS, VA 24445 save an estimated $8,779 compared to a typical 5% commission on the median listing price of $438,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.