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HOT SPRINGS, NC 28743

Real Estate Market Report  ·  Madison County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The HOT SPRINGS, NC real estate market (28743) currently shows 27 active listings, with 1 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 95 days on market compared to 63 days last year.

The median listing price has fallen 25.9% year-over-year, from $549,000 to $407,000.

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Market Context

Market Context

Population: 2,301  ·  Density: 7.2/mi²  ·  Median household income: $52,625

Typical home value: $144,475  ·  Homeownership: 74.5%

Market Overview

Active Listings
27
⇧ 22.7% vs 22 last year
Pending
1
4% pending ratio
Median Price
$407,000
⇩ 25.9% vs $549,000 last year
Average Price
$567,741
⇩ 15.8% vs $674,215 last year
Days on Market
95
⇧ 50.8% vs 63 days last year

Price Per Square Foot

Median $/sqft
$313
⇩ 10.6% vs $350/sqft last year
Median Home Size
1,740 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 22 last year
  • Days on market: 95 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $407,000 (-25.9% YoY)
  • Average: $567,741 (-15.8% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.9 miles — 1,067 listings ($682,888,457 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28743Hot Springs, NC 287430.0 mi18$9,004,050$444,750$500,225
37753Hartford, TN 3775311.1 mi4$2,622,900$302,000$655,725
28721Clyde, NC 2872112.2 mi62$30,949,036$410,000$499,178
28785Waynesville, NC 2878515.4 mi75$39,384,600$425,000$525,128
37843Parrottsville, TN 3784316.3 mi15$7,278,780$410,950$485,252
37722Cosby, TN 3772218.6 mi56$31,641,512$427,500$565,027
37821Newport, TN 3782120.1 mi102$44,741,076$359,950$438,638
28804Asheville, NC 2880422.1 mi168$192,851,400$794,500$1,147,925
28806Asheville, NC 2880623.0 mi215$123,097,175$485,000$572,545
37713Bybee, TN 3771323.4 mi5$1,812,125$362,425$362,425
28751Maggie Valley, NC 2875124.3 mi103$53,512,105$419,500$519,535
28786Waynesville, NC 2878624.5 mi151$95,665,446$449,000$633,546
28716Canton, NC 2871625.9 mi93$50,328,252$417,000$541,164

Frequently Asked Questions

How many homes are for sale in HOT SPRINGS, NC 28743?

As of September 2026, there are 27 active listings in HOT SPRINGS, NC (zip code 28743), compared to 22 the prior year.

What is the median home price in HOT SPRINGS, NC 28743?

The median listing price in HOT SPRINGS, NC 28743 is $407,000 as of September 2026, a 25.9% decrease from $549,000 the prior year.

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

Homes in HOT SPRINGS, NC 28743 spend an average of 95 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in HOT SPRINGS, NC 28743?

Based on current inventory and days-on-market data as of September 2026, HOT SPRINGS, NC 28743 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 95 days on market compared to 63 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HOT SPRINGS, NC 28743 save an estimated $8,140 compared to a typical 5% commission on the median listing price of $407,000. 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.