Red Lodge, MT
Housing market overview · Updated weekly
$270,000median sale price
Homes sold
3
Last 12 weeks
Days on market
290
Average pace
Active listings
28
9.3 months supply
Sale-to-list
—
Below asking
The Red Lodge housing market is currently classified as a buyer's market with a median sale price of $270,000. Prices have fallen 49.4% compared to last year, with homes spending an average of 290 days on market, indicating 9.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Red Lodge
There are currently 28 homes listed for sale in Red Lodge, Montana. The median listing price is $674K.
Active listings
28
Homes on market
Median list price
$674K
Avg. days on market
290
Days until sale
New this week
4
Newly listed
Explore nearby cities in MT
Frequently asked questions
What is the average home price in Red Lodge?
The median home sale price in Red Lodge is $270,000, down 49.4% from last year.
How long do homes stay on market in Red Lodge?
Homes typically spend 290 days on market before going under contract.
Is Red Lodge a buyer's or seller's market?
With 9.3 months of supply, Red Lodge is currently a buyer's market.
Get Red Lodge market alerts
Weekly updates on prices, inventory, and trends. Free forever.