Home prices
The price of the median home in Hot Springs is $96,000. This is approximately $41,420 (30%) lower in comparison to nearby areas.It is about $121,500 (55%) lower compared to the country as a whole, and it is roughly $183,700 (65%) lower compared to the city of Missoula.
Rents
In Hot Springs the median rent is $517 a month. It is roughly $57 (9%) lower compared to the surrounding areas.In comparison to the US as a whole it is roughly $545 (51%) lower, and is approximately $342 (39%) lower compared to the city of Missoula.
Nearby places
Lonepine
Lonepine is roughly 5 miles north from Hot Springs. The real estate prices there are significantly more expensive. The median home in Lonepine is valued at $156,300, which works out to $60,300 (38%) higher than Hot Springs. The rent there is a bit less expensive. Lonepine's median rent is $490 a month, which works out to $27 (5%) lower than Hot Springs.
Plains
Plains is about 12 miles southwest from Hot Springs. Real estate prices there are somewhat more expensive. The median home value in Plains is $136,800, which is $40,800 (29%) higher than Hot Springs. Rents there are somewhat more expensive. In Plains the median monthly rent is $663, which comes out to $146 (22%) higher than Hot Springs.
Paradise
Paradise is approximately 14 miles south of Hot Springs. Its real estate prices are somewhat more expensive. The median home in Paradise costs $101,400, which works out to $5,400 (5%) higher than Hot Springs. Its rents are a bit less expensive. The median monthly rent in Paradise is $413, which comes out to $104 (25%) lower than Hot Springs.
Polson
Polson is approximately 21 miles east of Hot Springs. The housing prices there are significantly more expensive. Polson's median home cost is $187,200, which comes out to $91,200 (48%) higher than Hot Springs. The rent there is a bit more expensive. In Polson the median rent is $727 per month, which comes out to $210 (28%) higher than Hot Springs.
Dixon
Dixon is about 21 miles southeast of Hot Springs. Its housing prices are a bit more expensive. The median home cost in Dixon is $105,400, which works out to $9,400 (8%) higher than Hot Springs. Rent there is a bit more expensive. The median rent in Dixon is $575 per month, which is $58 (10%) higher than Hot Springs.
