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SD area data

Hot Springs, SD

Hot Springs, SD.

Population: 5,839 (Census ACS)

Home values & appreciation

Median home value
$331,676
1-year appreciation
+1.0%
3-year appreciation
+8.3%
5-year appreciation
+22.8%
10-year appreciation
+87.6%
All-time peak (2026-04)
$340,967
House Price Index
496.2 (+2.9% YoY)

Market activity

New listings (monthly)
13

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
13.4¢/kWh
Natural gas rate (state-level)
$9.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
wildfire, winterWeather

Climate (30-year normals)

Average annual temperature
47.0°F
Average high
62.0°F
Average low
33.0°F
Annual precipitation
17.9 in
Annual snowfall
43.7 in

Amenities

National parks within ~60 mi
4
Nearest national park
Wind Cave National Park (19 mi)
Nearest airport
Black Hills Flyway Airport (4 mi)
Nearest major airport
Chadron Municipal Airport (CDR) (40 mi)
Hospitals nearby (~15 mi)
1
EV charging stations (within 10 mi)
1
Solar radiation rating
Fair (4.5 kWh/m²/day)

Migration

Net migration
+94 tax filers

Housing stock

Median year housing built
1,977
Median annual property tax
$2,324
Households with broadband internet
66.1%

Employment & development

Total county employment
1,504
Average weekly wage
$801
Top industries (by employment)
Accommodation & Food, Construction, Professional Services
Annual residential building permits (county)
9

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents