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Hot Springs, SD Homes for Sale under $500,000

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  • /25

    $459,900

    • Land
    • 44.91 Acres
    • $10,240 per Acre

    Tract 12R Northview Dr, Hot Springs, SD 57747

    Discover 44.91 acres of pure Black Hills beauty—heavily forested with a stunning mix of hills, meadows, draws, and long-range views. This rare tract offers exceptional privacy and direct access to the National Forest, giving you thousands of additional acres right out your back door. Power is to the lot line, rural water is in progress, and with NO COVENANTS, you have the freedom to build, camp,

    Agent Photo

    Joel Hawkins

    HEARTLAND REAL ESTATE

    (605) 450-7248

    Tract 12R Northview Dr, Hot Springs, SD 57747
  • /39

    $495,000

    • 3 Beds
    • 2 Baths
    • 1,456 Sq Ft

    27927 Cascade Springs Rd, Hot Springs, SD 57747

    Peace, Privacy, and Passive Income: Your Black Hills Sanctuary Awaits. Escape the noise and settle into the quiet beauty of the Southern Black Hills. Located less than 7 miles south of historic Hot Springs, SD, this 12.37-acre horse property offers the perfect blend of rugged South Dakota landscape and modern flexibility. The Views You’ve Been Dreaming Of Positioned to capture the horizon, this

    BRAD MEEHAN THE EXPERIENCE REAL ESTATE

    27927 Cascade Springs Rd, Hot Springs, SD 57747
  • /42

    $424,000

    • Studio

    315 S River St, Hot Springs, SD 57747

    Location, convenience, and investment potential all come together in this well-maintained 4-plex, with each unit offering 2 bedrooms and 1 bathroom. Situated directly across from a beautiful park with Fall River flowing through it, a scenic walking path, and playground, this property offers a setting tenants love! Enjoy easy access to downtown Hot Springs, where dining, shopping, and

    Christine Heidebrink Black Hills Best Realty

    315 S River St, Hot Springs, SD 57747
  • /36

    $450,000

    • 3 Beds
    • 2 Baths
    • 1,512 Sq Ft

    27835 Cascade Rd, Hot Springs, SD 57747

    Nestled just south of Hot Springs, this 1961 two-story home blends craftsmanship, history, and the quiet beauty of the Southern Black Hills. The custom wrought-iron spiral staircase—designed by the original owner—anchors the home with artistry and presence. The upper-level features three bedrooms, with two bathrooms, one on each floor, offering comfort and convenience. Main-level laundry adds

    TAMMY ACKERMAN New Heights Properties

    27835 Cascade Rd, Hot Springs, SD 57747
  • /18

    $400,000

    • 3 Beds
    • 1 Bath
    • 1,485 Sq Ft

    1740 Minnekahta Ave, Hot Springs, SD 57747

    This property has many opportunities for investment. Owner has accessed two underground springs. Located near Moccasin Springs. Owners are currently working on improvements.

    STEPHANIE KELLER EXIT REALTY BLACK HILLS

    1740 Minnekahta Ave, Hot Springs, SD 57747

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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