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HOT SPRINGS, NC 28743

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

Market Overview

Active Listings
18
⇧ 12.5% vs 16 last year
Pending
2
11% pending ratio
Median Price
$474,500
⇧ 26.7% vs $374,500 last year
Average Price
$532,435
⇧ 2.4% vs $520,000 last year
Days on Market
121
⇧ 23.5% vs 98 days last year

Market Context

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

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

Market Analysis

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

The HOT SPRINGS, NC real estate market (28743) currently shows 18 active listings, with 2 pending sales. Homes are averaging 121 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 121 days on market compared to 98 days last year.

The median listing price has risen 26.7% year-over-year, from $374,500 to $474,500.

Whether you are buying or selling in HOT SPRINGS, NC, 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: 18 this year vs 16 last year
  • Days on market: 121 now vs 98 last year

Median & Average Pricing

Year over Year
  • Median: $474,500 (+26.7% YoY)
  • Average: $532,435 (+2.4% 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 25.9 miles — 1,087 listings ($694,134,867 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28743Hot Springs, NC 287430.0 mi18$9,583,830$474,500$532,435
37753Hartford, TN 3775311.1 mi4$2,643,900$312,500$660,975
28721Clyde, NC 2872112.2 mi65$33,068,750$410,000$508,750
28785Waynesville, NC 2878515.4 mi76$42,693,304$515,000$561,754
37843Parrottsville, TN 3784316.3 mi18$8,617,050$409,450$478,725
37722Cosby, TN 3772218.6 mi49$26,431,727$425,000$539,423
37821Newport, TN 3782120.1 mi104$45,700,200$349,000$439,425
28804Asheville, NC 2880422.1 mi172$193,661,852$787,000$1,125,941
28806Asheville, NC 2880623.0 mi230$129,346,020$482,450$562,374
37713Bybee, TN 3771323.4 mi5$1,612,125$269,900$322,425
28751Maggie Valley, NC 2875124.3 mi105$54,302,115$425,000$517,163
28786Waynesville, NC 2878624.5 mi150$97,594,800$449,000$650,632
28716Canton, NC 2871625.9 mi91$48,879,194$392,500$537,134

Frequently Asked Questions

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

As of January 2026, there are 18 active listings in HOT SPRINGS, NC (zip code 28743), compared to 16 the prior year.

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

The median listing price in HOT SPRINGS, NC 28743 is $474,500 as of January 2026, a 26.7% increase from $374,500 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 121 days on the market before going under contract, compared to 98 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 January 2026, HOT SPRINGS, NC 28743 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 121 days on market compared to 98 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 $9,490 compared to a typical 5% commission on the median listing price of $474,500. 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.