Explore Similar Condos Within 25 Miles of Hot Springs, SD

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Why Live in Hot Springs

Hot Springs, South Dakota, is a small city of around 3,400 residents located at the southern gateway to the Black Hills. Known for its mild weather, Hot Springs is situated in the Banana Belt, offering warmer winters and a more temperate climate compared to the surrounding region. The city is appealing to nature lovers with easy access to campsites, hiking trails, and other outdoor activities. Central Hot Springs features early 20th-century Cape Cods and bungalows, while larger New Traditional and ranch-style homes are found on the outskirts, providing more space and scenic views of the Black Hills. Attractions include Centennial Park with its walking trail and public stage, Butler Park and Chautauqua Park with playgrounds and sports facilities, and the renowned Moccasin Springs. The Fall River Pioneer Museum and The Mammoth Site offer historical and archaeological insights. Nearby Wind Cave National Park, about 10 miles north, is famous for its extensive cave system and prairie wildlife. Shopping is concentrated along River Street, with local businesses and grocery stores, while Rapid City, 60 miles away, provides additional retail options. Dining includes Whiskey River's upscale bar food and Wandering Bison Coffee's handcrafted drinks. Annual events like the Fall River Hot Air Balloon Festival and Christmas in the Hills add to the community's charm. The Hot Springs School District serves local students, and the area is supported by Fall River Health Services and the Hot Springs VA Medical Center. However, the city faces a severe risk of wildfires due to its dry conditions.

Home Trends in Hot Springs, SD

Housing Trends

Median Sale Price
$262,000
Median Single Family Sale Price
$306,000
Average Price Per Sq Ft
$209
Number of Homes for Sale
25
Last 12 months Home Sales
39
Months of Supply
7.70
Median List Price
$305,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
9%
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