Housing Prices in Hot Springs, MT

How much do homes in Hot Springs, MT cost?

Median List Price

$275,000

$231/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$24,900(-8.3%)

Key Takeaway

The list price of homes in Hot Springs has decreased by 8.3% since last year.

Summary: The median home list price in Hot Springs was $275,000 in October 2024, down 8.3% from the previous year, and the median price per square foot was $231.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $85K$230K
+170.6%
2 $345K$275K
-20.3%
3 $299.9K$243K
-19.0%
4 $514.5K$670K
+30.2%
5+ --
N/A

Summary: Hot Springs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 170.6%, 2 bedroom homes decreased by 20.3%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 30.2%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Flathead Reservation
-3.4%
Hot Springs
-8.3%

Housing Supply in Hot Springs, MT

How many homes are available in Hot Springs, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The Hot Springs real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 44
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Hot Springs housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Hot Springs, MT

How long does it take to sell a home in Hot Springs, MT?

Average Listing Age

Oct 2023Oct 2024CHANGE
200 Days89 Days-55.1%

Summary: Homes in Hot Springs had an average listing age of 89 days in Oct 2024, down by 55.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Hot Springs, MT

Nearby Markets to Hot Springs, MT

What housing markets are near Hot Springs, MT?