Housing Prices in Red Lodge, MT

How much do homes in Red Lodge, MT cost?

Median List Price

$549,000

$363/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$25,000(-4.4%)

Key Takeaway

The list price of homes in Red Lodge has decreased by 4.4% since September.

Summary: The median home list price in Red Lodge was $549,000 in October 2024, down 4.4% from the previous month, and the median price per square foot was $363.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $549K$549K
0.0%
3 $556.9K$514.9K
-7.5%
4 $2.1M$2.1M
0.0%
5+ --
N/A

Summary: Red Lodge housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Red Lodge, MT

How many homes are available in Red Lodge, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The Red Lodge 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 00
0.0%
2 11
0.0%
3 45
+25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Red Lodge 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Red Lodge, MT

How long does it take to sell a home in Red Lodge, MT?

Average Listing Age

Sep 2024Oct 2024CHANGE
140 Days136 Days-2.5%

Summary: Homes in Red Lodge had an average listing age of 136 days in Oct 2024, down by 2.5% compared to the previous month.

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

Report Updated 13 Days Ago

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