Market Summary

Hot Springs, Madison County, NC

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Median Home Price Price

$314,893 $314.9K

Median Monthly Rent Rent

$660 $660

GRM

39.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Madison County

Region Price Rent GRM Display
$366,760 $917 33.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Madison County

Region Price Rent GRM Display
$323,451 $1,442 19.0x
$443,559 $1,116 33.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
$219,792 $668 27.0x
$690,639 $1,092 53.0x
$607,357 $702 72.0x
$577,012 $1,176 41.0x
$138,162 $634 18.0x
$995,152 $2,163 38.0x
$885,280 $1,929 38.0x
$202,535 $1,551 11.0x
$562,310 $1,046 45.0x
$247,394 $1,162 17.0x
$150,392 $752 17.0x
$541,990 $1,366 33.0x
$191,078 $888 18.0x
$534,902 $1,121 40.0x
$449,927 $1,195 31.0x
$220,891 $736 25.0x
$781,323 $1,471 44.0x
$160,015 $1,185 11.0x
$270,353 $934 24.0x
$104,684 $665 13.0x
$861,902 $2,067 35.0x
$154,278 $853 15.0x
$188,830 $695 22.0x
$1,141,320 $2,805 34.0x
$147,937 $993 12.0x
$102,449 $748 11.0x
$462,070 $1,126 34.0x
$244,394 $732 28.0x
$834,693 $1,759 39.0x
$256,788 $711 30.0x
$1,089,118 $2,835 32.0x
$181,956 $585 26.0x
$166,438 $685 20.0x
$1,121,931 $2,924 32.0x
$1,007,493 $2,336 36.0x

Home prices

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Monthly rent

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GRM

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Hot Springs

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Trend Insights

Median Rent in Hot Springs, NC is $660, with MoM change +$6 and YoY change +$28 pointing to positive momentum while volatility is low (std $6).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Hot Springs, NC.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Hot Springs, NC
Compare market Select a market
Delta vs base
Median rent
$660
N/A
Median price
$314,893
N/A
YoY change
+$28
N/A
Price-to-rent
39.8x
Data unavailable
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