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VA area data

Hot Springs, VA

Hot Springs, VA.

Population: 2,332 (Census ACS)

Home values & appreciation

Median home value
$231,732
1-year appreciation
+4.4%
3-year appreciation
+9.2%
5-year appreciation
+16.8%
10-year appreciation
+47.4%
All-time peak (2026-07)
$231,732
House Price Index
423.6 (+3.3% YoY)

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
lightning

Climate (30-year normals)

Average annual temperature
52.0°F
Average high
63.0°F
Average low
41.0°F
Annual precipitation
47.3 in

Amenities

Nearest airport
Ingalls Field (HSP) (3 mi)
Nearest major airport
Greenbrier Valley Airport (LWB) (32 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (4.1 kWh/m²/day)

Migration

Net migration
-10 tax filers

Housing stock

Median year housing built
1,972
Median annual property tax
$908
Households with broadband internet
74.5%

Employment & development

Total county employment
1,754
Average weekly wage
$1,055
Top industries (by employment)
Construction, Professional Services, Other Services
Annual residential building permits (county)
8

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