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As-is Deals in Hot Springs, NC

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Hot Springs, NC Foreclosures

How much do homes sell for in Hot Springs, NC?
The average home price is currently $388,085.
In Hot Springs, NC, how many homes are available?
There are currently 1 active home listings available in Hot Springs.
What’s the average rental cost in Hot Springs, NC?
The average rental price in Hot Springs is $1,267.
What is the most expensive home in Hot Springs?
The most expensive home sold in Hot Springs had a price of $4,892,969.
What is currently the cheapest priced home in Hot Springs, NC?
The cheapest home for sale in Hot Springs is priced at $26,266.

Living in Hot Springs, NC

Hot Springs, NC, is a quaint mountain town distinguished by its natural hot springs and vibrant outdoor lifestyle. With various amenities and a tight-knit community, it offers residents a peaceful retreat equipped with opportunities for hiking, fishing, and enjoying the scenic landscapes of the Appalachian Mountains.

Current Market Conditions in Hot Springs, NC

Currently, the real estate market in Hot Springs shows signs of steady growth fueled by an increasing demand for vacation homes and permanent residences alike. Property values have risen as more buyers seek to enjoy the tranquility and natural beauty the area has to offer. Unique listings that are well-insulated against market volatility are becoming more common, especially as remote work becomes more prevalent and individuals seek to escape urban areas.

Realtors are reporting an influx of interest in the market, particularly from those wishing to invest in rental properties to take advantage of the town's tourism. The diverse property types available, from cabins to modern houses, provide ample options for buyers with various budgets.

Home Value Estimator For Hot Springs, NC

There are currently 1,267 real estate properties in Hot Springs, NC, with a median automated valuation model (AVM) price of $302,850.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hot Springs, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hot Springs, NC, is $388,085.00, with the most expensive house in Hot Springs, NC, topping out at $4,892,969.00 and the cheapest home in Hot Springs, NC, clocking in at $26,266.00. In other words, there’s something for every potential homebuyer or savvy investor in Hot Springs, NC!

Rent Prices In Hot Springs, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hot Springs, NC, is on a rollercoaster ride. The average rent price in Hot Springs, NC, is $1,267.00. Indeed, when looking to rent in Hot Springs, NC, you can expect to pay as little as $550.00 or as much as $2,430.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Hot Springs, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hot Springs, NC As-is Deals


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