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Hot Springs, SD Townhome for Sale

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    $299,500

    • 2 Beds
    • 2 Baths
    • 1,209 Sq Ft

    3345 Mystery Ln, Hot Springs, SD 57747

    So much more than the other homes on the golf course, this one features geothermal heating/cooling system and not only has views of the green, but is partially wooded! Immaculate, move-in ready, townhouse that feels like new, tucked into a partially wooded hillside, with end of the road privacy! Located in Hot Springs' award winning 18 Hole Golf Course, minutes to town and all of the Southern

    Cathy Sotherland The Real Estate Group, Hot Springs Properties

    3345 Mystery Ln, Hot Springs, SD 57747

Why Live in Hot Springs

At the southern gateway to South Dakota's Black Hills, Hot Springs is a city of around 3,400. Named for several sites considered sacred by the Native Americans, the area was once known for its health resorts. Today, people are more frequently attracted to its relatively mild weather — it's in the so-called Banana Belt, an area with warmer winters than the rest of the region. "Of all the communities in the hills, we're more arid," says Cathy Sotherland, a broker with The Real Estate Group. "We don't get as much snow – it's a really temperate climate." With easy access to campsites, hiking trails and other open-air activities, Hot Springs appeals to nature lovers. Sotherland says new homeowners are frequently former tourists, attracted to lower real estate prices than the region's average. "When those people retire, they often come back," she says. "We're seeing a lot of retirees and baby boomers moving in." In the city's center, homes are on a grid pattern of roads. Lots are typically a quarter acre or smaller, with backyards that end in alleys with sheds and one-car garages. Early 20th-century Cape Cods and bungalows are typical of the area, generally priced between $90,000 and

Home Trends in Hot Springs, SD

Housing Trends

Median Sale Price
$362,000
Median Single Family Sale Price
$368,500
Median Townhouse Sale Price
$299,500
Average Price Per Sq Ft
$232
Number of Homes for Sale
28
Last 12 months Home Sales
125
Months of Supply
2.70
Median List Price
$407,500
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
32%
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