$283,069Average Value$219Average Price per Sq Ft32Homes For Sale
Hot Springs has mild weather at the foot of the Black Hills
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."
Residents enjoy shopping at branded stores in downtown Hot Springs.
Residents enjoy peaceful living in Hot Springs’ residential areas.
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The newest homes are typically on the outskirts of the area
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 the $310,000s, depending on their condition and upgrades. One-story midcentury homes are also available and sell in the $200,000 to $315,000 range. Larger 21st-century homes are usually on the city's outer edges and feature more elbow room and views of the Black Hills. Depending on size and location, these New Traditional and ranch-style homes go for around $330,000 to $570,000.
Ranch-style homes in Hot Springs sell for up to $570,000.
Residents are able to find homes with spacious yards in Hot Springs.
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Historic sites are in the city, with scenic sites just outside
Central to the city, Centennial Park has a walking trail, a public stage and scenic views of the Fall River. Sites like Butler Park and Chautauqua Park have playgrounds, picnic shelters and various sports fields and facilities. As the city's name suggests, there are several hot springs in and around the city, with Moccasin Springs being one of the best known. "The Native Americans often used that spring in particular," says Sotherland. "It's become a beautiful, higher-end experience." Originally a 19th-century schoolhouse, the Fall River Pioneer Museum tells the story of Hot Springs and the greater Black Hills region, featuring historic photos, clothing and tools. Touting itself as the world's largest mammoth research facility, The Mammoth Site is an active archaeological dig site where visitors can learn about prehistoric animals while taking in the remains of over 60 mammoths.
Campsites for tent and RV campers fill the Black Hills, with Big Pine and Comanche Park being two of the closest to Hot Springs. Nearby hiking trails include Hell Canyon, Sunday Gulch and Cathedral Spires. About 10 miles north of the city is Wind Cave National Park, known for having one of the longest caves in the world. "If people weren't rock hounds when they got here, they are when they leave," says Sotherland. Above ground, visitors can hike through the prairie in search of elk, American Bison and over 100 species of birds.
Hot Springs is near The Mammoth Site, a world-renowned archaeological dig.
Locals like to explore nearby campgrounds for family adventures.
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Most shopping is done along River Street or in Rapid City
Shopping is focused along River Street, and includes local businesses, boutique shops and grocery stores like Lynn's Dakotamart and Sonny Superfoods. Locals frequently visit Rapid City, about an hour's drive north, for retail. In addition to a full bar, Whiskey River offers upscale bar food in a rustic atmosphere of exposed brick and weathered wood. Wandering Bison Coffee serves handcrafted coffee drinks and a menu that includes breakfast burritos, paninis and chili made with locally raised bison.
Residents enjoy the vibrant atmosphere of River Street in downtown Hot Springs.
River Street is the heart of shopping and entertainment in Hot Springs.
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The Fall River Hot Air Balloon Festival fills the sky with color
Founded in 2015, the Fall River Hot Air Balloon Festival fills the sky with dozens of manned balloons. Visitors can join the 5K fun run, listen to live music or just sit on a blanket and watch the colorful sky. Held during the first weekend of December, Christmas in the Hills celebrates the holiday season with a tree lighting, Christmas market and parade.
Hot Springs High celebrated a football championship in 2023
Hot Springs School District serves local students with three public schools and a C from Niche. Hot Springs High School, which has a B-minus, won its first state football championship in 2023.
A welcoming campus at Hot Springs High School in Hot Springs SD.
A hub for early learning, Hot Springs Elementary shapes futures in Hot Springs SD.
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Hospital care is available for veterans
One of the closest highways is U.S. Route 18, which leads to State Route 79 and Rapid City, about 60 miles north. Fall River Health Services is a 25-bed hospital with emergency services and a nursing home. The Hot Springs VA Medical Center is a 100-bed facility that offers care for veterans, including treatment for PTSD, traumatic brain injury and substance abuse.
The area has a severe risk of wildfires
According to First Street, Hot Springs is severely at risk for wildfires due to high heat and dry conditions.
Written By
Phil Keeling
Photography Contributed By
Francesco Basti
Video By
Jason Jacot
Interested in learning more about homes in this area?
Reach out to
Jonathan Weets,
an experienced agent in this area.
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On average, homes in Hot Springs, SD sell after 106 days on the market compared to the national average of 57 days. The median sale price for homes in Hot Springs, SD over the last 12 months is $262,000, up 5% from the median home sale price over the previous 12 months.
Welcome to 2330 Lincoln Street in Hot Springs, South Dakota. This versatile 4 bedroom, 2 bathroom home offers flexibility, functionality, and excellent income or multi generational living potential in a quiet neighborhood near the schools. With approximately 1,950 square feet, the home is thoughtfully designed with two separate living spaces connected by an interior stairway that can easily be
Welcome home to 833 N. 26th St in Hot Springs. Nestled on the edge of town, this property offers a peaceful, secluded feel with beautiful views of the surrounding hills, trees and cityscape--while still just being minutes from downtown amenities. This new construction build has everything you could need or want with main floor laundry, hard surface countertops, stainless appliances and a sunk-in
Lake living at its finest—this nearly new, custom-built barndominium offers exceptional space, flexibility, and near-lake access to Angostura Reservoir. Situated on 5 acres with sweeping water views, this partially furnished 4-bedroom, 2.5-bath home is designed for both comfort and entertaining. The thoughtfully designed layout features all bedrooms on the ground level, including a spacious
Welcome to your luxury oasis with breathtaking views of the Cheyenne River, the Black Hills & the Hot Springs Airport! This exceptional 9,006 sq ft residence offers unparalleled living in a serene and private setting. Situated on a beautifully landscaped property with over 5,940 sq ft of heated shop space and high-end amenities, this estate is designed for both comfort and entertainment. Resa
Attention Golf Enthusiasts! Prime Lot on Southern Hills Golf Course. Discover this preferred home site and scenic lot available on Hot Springs' award-winning Southern Hills Golf Course! This beautiful, partially wooded property offers city water, sewer, fiber optic, and electric already brought to the lot — ready for your dream home. Set on a gentle hillside, the lot features a level building
PRICE REDUCED! Own 29+ acres of stunning Black Hills beauty near Angostura Lake and Hot Springs, SD! This rare property offers unlimited potential—build your dream home, create a horse ranch, or develop multiple homesites. No Covenants: Freedom to design your vision without restrictions. Natural Setting: Private canyon with meadows and wooded hills for privacy and protection. Existing Well:
Get in early on this new subdivision just 10 minutes from Hot Springs off Argyle Road. Close to hundreds of acres of forest service. Power is to the lot line. Rural water is scheduled to be installed to the property line in spring/summer 2026. Water service will supply a 1,000+ gallon home cistern, with the rural water tap fee to be paid by the buyer. Enjoy the privacy and convenience of this
$10K Sellers Credit to you! Listed by Michelle Chenoweth eXp Realty 605.461.1824 *Affordable opportunity in Hot Springs, SD! This 2 bedroom, 1 bath home offers approximately 644 sq ft of living space plus enclosed porch areas. A great option for an investor, rental portfolio addition, or buyer looking to make improvements over time. Conveniently located in town and close to local amenities.
Discover seven newly available homesites nestled in the heart of the scenic Southern Black Hills. Once part of the historic Piper Ranch, these spacious lots have been thoughtfully developed to provide privacy, expansive views, and an ideal setting for your future home. Conveniently located just 3 miles west of Highway 385 and minutes from downtown Hot Springs, these properties are easily
Get in early on this new subdivision just 10 minutes from Hot Springs off Argyle Road. Close to hundreds of acres of forest service. Power is being brought to the lot line. Rural water is scheduled to be installed to the property line in spring/summer 2026. Water service will supply a 1,000+ gallon home cistern, with the rural water tap fee to be paid by the buyer. Enjoy the privacy and
Discover seven newly available homesites nestled in the heart of the scenic Southern Black Hills. Once part of the historic Piper Ranch, these spacious lots have been thoughtfully developed to provide privacy, expansive views, and an ideal setting for your future home. Conveniently located just 3 miles west of Highway 385 and minutes from downtown Hot Springs, these properties are easily
Get in early on this new subdivision located just 10 minutes from Hot Springs off Argyle Road and near hundreds of acres of Forest Service land. Power is to the lot line. Rural water is scheduled to be installed to the property line in spring/summer 2026. Water service will supply a 1,000+ gallon home cistern, with the rural water tap fee to be paid by the buyer. The subdivision has minimal
Beautiful tree-lined city lot offering scenic views of the Seven Sisters. The property features a level building site that then slopes down the hill—ideal for a designer home with a walkout basement. Conveniently located within walking distance to the public library and Butler Park, this lot combines natural beauty with in-town accessibility. A perfect setting for your Black Hills home base.
Get in early on this new subdivision located just 10 minutes from Hot Springs off Argyle Road and near hundreds of acres of Forest Service land. Power is to the lot line. Rural water is scheduled to be installed to the property line in spring/summer 2026. Water service will supply a 1,000+ gallon home cistern, with the rural water tap fee to be paid by the buyer. The subdivision has minimal
Property Id: 2474115This cozy and well-maintained 322 sq ft apartment is perfect for someone seeking a peaceful, simple living space in a quiet neighborhood. Seeking medium term rental 3-6 monthsDetails:• 1 bedroom / 1 bathroom (partially furnished)• Kitchenette• WiFi and utilities included• $850/month + $450 deposit• Available May 16th (pro-rated May rent:
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
