Red Lodge, MT Homes For Sale Market Summary – September 8, 2026

Montana does not publicly disclose home sale prices, so this summary reflects homes currently listed for sale rather than closed sales. The real estate market in Red Lodge, MT, shows a consistent level of activity with 86 homes currently listed for sale. The average days on the market is 165, indicating a lengthy process for potential transactions. The median listing price is approximately $687,450, reflecting the area’s home values.

Metric Current
Active Listings 86
New Listings Per Day 1 every 6.00 days
Average SQFT 2121
Median List Price $687,450
Average List Price $834,514
Average List Price Per SQFT $392
Average Days on Market 165
Average Year Built 2000

 

Red Lodge, MT Single Family Home Analysis

In the single-family segment of Red Lodge, there are 53 active listings with an average living area of 2,319 square feet. The average days on market for these homes is 126 days, and the median listing price stands at $740,000.

Metric Current
Active Listings 53
New Listings Per Day 1 every 6.00 days
Average SQFT 2319
Median List Price $740,000
Average List Price $954,059
Average List Price Per SQFT $416
Average Days on Market 126
Average Year Built 1991

 

Red Lodge, MT Condo & Townhome Analysis

The condo and townhome segment currently has 32 active listings, featuring an average living area of 1,688 square feet. With an average of 229 days on the market, the median listing price for these properties is $489,900.

Metric Current
Active Listings 32
New Listings Per Day not provided
Average SQFT 1688
Median List Price $489,900
Average List Price $593,064
Average List Price Per SQFT $353
Average Days on Market 229
Average Year Built 2015

 

Buyer & Seller Analysis

  • Pace of new listings is 1 every 6.00 days.
  • Average days on market for all listings is 165.
  • Median listing price for all properties is $687,450.
  • Data on home sales prices is not available.
  • List prices shown are asking prices, not sale prices.

Conclusion

Overall, Red Lodge’s housing market reflects a diverse range of properties, with varying days on the market and pricing across different segments. The data suggests a prolonged listing period for many homes, indicative of current market conditions.

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