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Property trends hold steady

One of the things we hear most often regarding Thermopolis and Hot Springs County is there are too many homes and businesses for sale creating the illusion that we are a shrinking community with little to offer folks thinking about moving here.

Actually, the number of homes for sale has changed very little over the past couple of years and the prices have remained steady as well.

The median listing price is currently around $169,000 with fixer-uppers starting around $30,000.

Of course, there are the high-end homes, many with acreage attached, that run anywhere from just over $300,000 to $675,000.

If none of the current homes on the market are appealing, there are over 60 lots available to build your dream home on. You can find acreage from $20,000 to over $300,000, depending on how much room to roam you would like.

There are also rentals available that range from about $400 per month to $800 per month. There are not only apartments for rent, but entire homes as well.

As far as financing is concerned, interest rates are remaining slow and steady as well, making Hot Springs County appealing to those looking to make the move here.

 

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