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Featured local agent — Little Bitterroot Lake, MT
Sarah Mitchell
Compass Real Estate · Little Bitterroot Lake, MT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Little Bitterroot Lake, MT Housing Market
The last median sale price Redfin published was $3.00M (through May 2026). With 2.0 months of supply and homes going under contract in about 288 days, Little Bitterroot Lake is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $3.00M home is about $15,989/mo in principal and interest.
Key numbers for Little Bitterroot Lake, MT
Median sale price
$3.00M
Last published period
Redfin, through May 2026
Days on market
288
Slow-moving
Redfin, through May 2026
Active listings
2
2.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$105,114
Home costs 28.5x income
U.S. Census ACS, 2023
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Little Bitterroot Lake a buyer's or seller's market?
Little Bitterroot Lake, MT is a balanced market, based on 2.0 months of supply and homes selling in about 288 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Little Bitterroot Lake housing market data show?
Every row below is Redfin's final published month for Little Bitterroot Lake, MT. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $3.00M |
| Median list price | $3.95M |
| Median price per sq ft | $641/sq ft |
| Median days on market | 288 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Little Bitterroot Lake is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Little Bitterroot Lake is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Little Bitterroot Lake home prices moved?
Across the 21 months we hold for Little Bitterroot Lake, MT, the median sale price rose 199.5%, from $1.00M in June 2021 to $3.00M.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Little Bitterroot Lake?
Priced off the median sale price of $3.00M at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $599,000 | $2.40M | $15,989/mo |
| 5% | $149,750 | $2.85M | $18,987/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $15,989, that implies roughly $685,241 a year before you add taxes and insurance. The median household in Little Bitterroot Lake earns $105,114, about $580,127 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 28.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Little Bitterroot Lake in the next 12 months?
Tell us your timeline. We send the Little Bitterroot Lake market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Little Bitterroot Lake?
Zillow does not publish a rent index (ZORI) for Little Bitterroot Lake, MT, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Little Bitterroot Lake?
Active listings in Little Bitterroot Lake, MT went from 1 in September 2022 to 2 in May 2026, a +100.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| February 2023 | 1 | not published |
| April 2023 | 1 | not published |
| August 2023 | 6 | 2 |
| September 2023 | 3 | 1 |
| October 2023 | 2 | not published |
| May 2024 | 4 | 3 |
| June 2024 | 4 | 1 |
| August 2024 | 3 | not published |
| September 2024 | 2 | 1 |
| December 2025 | 3 | not published |
| February 2026 | 2 | not published |
| May 2026 | 2 | 1 |
Redfin, through May 2026
How does Little Bitterroot Lake compare to Montana and the U.S.?
Little Bitterroot Lake homes sell for $3.00M — 467% above the Montana median of $528,600. Against the national median of $410,700, Little Bitterroot Lake runs 629% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Little Bitterroot Lake, MT | $3.00M | not published | 288 days |
| Montana statewide | $528,600 | +1.5% | 69 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Little Bitterroot Lake
What buyers should watch
- Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $2,998 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $3.00M home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Little Bitterroot Lake listing goes under contract in 288 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- In the last published month Little Bitterroot Lake added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Little Bitterroot Lake varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Little Bitterroot Lake
There are currently 2 homes listed for sale in Little Bitterroot Lake, Montana. The median listing price is $4.0M.
Active listings
2
Homes on market
Median list price
$4.0M
Avg. days on market
288
Days until sale
New this week
1
Newly listed
How much do homes cost in Little Bitterroot Lake by property type?
How the Little Bitterroot Lake, MT market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $3.00M | $641/sq ft | 1 | 288 days |
Who lives in Little Bitterroot Lake?
American Community Survey estimates for Little Bitterroot Lake. U.S. Census ACS, 2023
Population
153
Households
59
Median income
$105,114/yr
Median age
51.3 years
Owner-occupied
84.7%
Median home value
$775,000
84.7% of occupied homes in Little Bitterroot Lake are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Little Bitterroot Lake, MT?
Ordered by distance from Little Bitterroot Lake, not by size. Compare Little Bitterroot Lake side by side with any of them.
Little Bitterroot Lake housing market FAQ
Is Little Bitterroot Lake a buyer's or seller's market?
Little Bitterroot Lake, MT is currently a balanced market. That read comes from 2.0 months of supply, homes going under contract in about 288 days in the last month Redfin published (May 2026).
How much do homes cost in Little Bitterroot Lake?
The median sale price in the last month Redfin published was $3.00M, about $641 per square foot.
Is Little Bitterroot Lake cheaper than the rest of Montana?
Little Bitterroot Lake's median sale price of $3.00M is 467% higher than the Montana statewide median of $528,600, and 629% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Little Bitterroot Lake?
Homes in Little Bitterroot Lake, MT spent a median of 288 days on market before going under contract, versus 69 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Little Bitterroot Lake?
At the current 30-year fixed rate of 7.03%, 20% down on a $3.00M home is about $15,989 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $685,241 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $105,114.
Are home prices rising in Little Bitterroot Lake?
We do not hold a complete 12-month value series for Little Bitterroot Lake, MT yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Little Bitterroot Lake?
Little Bitterroot Lake ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Little Bitterroot Lake?
That depends on your timeline, not on a headline. What the data says today: Little Bitterroot Lake, MT is a balanced market with 2.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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