Hot Springs, VA
Full City Profile · Virginia · Bath County County
4.0
/5.0
A
Great
540
Population
97/sq mi density
$101,964
Median Income
$39,439 per capita
$254,400
Home Value
$218,786 Zillow
51°F
Avg Temperature
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$101,964 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$254,400 home value, /mo rent
C
Education
2.1 / 5.0
13.4% bachelor's degree or higher
Housing Overview
Median Home Value
$254,400
10% below
US avg: $281,900
Homeownership Rate
77.4%
18% above US avg (65.4%)
Total Housing Units
620
Median year built: 1971
Home Value by Source
Census Median
$254,400
Zillow (ZHVI)
$218,786
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.4%
Owner-Occupied
22.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Affordability & Housing Stock
Rent Burden
19.0%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
77.4%
Complete Housing Data
Home Values
| Census Median Value | $254,400 |
| Zillow Home Value (ZHVI) | $218,786 |
Rent
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
Ownership & Stock
| Owner-Occupied | 77.4% |
| Renter-Occupied | 22.6% |
| Homeownership Rate | 77.4% |
| Total Housing Units | 620 |
| Median Year Built | 1971 |
| Rent Burden | 19.0% |