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Condo Foreclosures in Hot Springs, MT

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Hot Springs, MT Foreclosures

Current Market Conditions in in Hot Springs, MT As of February 2026?
In the past month, the Hot Springs real estate market has experienced a slight tightening as interest rates have held steady, encouraging buyers to make offers. Sales have picked up, and several properties have gone under contract after relatively short periods on the market. This is indicative of a slight shift toward a seller's market, especially for well-kept homes close to local amenities.
How much do homes sell for in Hot Springs, MT?
The average home price is currently $347,830.
What’s the average rental cost in Hot Springs, MT?
The average rental price in Hot Springs is $953.
What is the most expensive home in Hot Springs?
The most expensive home sold in Hot Springs had a price of $6,412,549.
What is currently the cheapest priced home in Hot Springs, MT?
The cheapest home for sale in Hot Springs is priced at $37,820.

Living in Hot Springs, MT

Hot Springs, Montana, is a quaint and peaceful town known for its natural hot springs and stunning outdoor scenery. With a welcoming community and a rich history, it offers a unique lifestyle that balances relaxation and adventure. Whether you're looking to soak in the springs or explore the nearby forests, Hot Springs has something to offer for everyone.

Buyer vs Seller Market in Hot Springs, MT

The real estate market in Hot Springs has shown signs of stabilizing over the past year with a steady increase in both demand and supply. The housing inventory has become more balanced, making it a favorable time for prospective buyers to consider making an investment in this peaceful community.

With more people seeking out rural retreats influenced by remote work trends, Hot Springs has become increasingly attractive. Buyers are drawn to the town's unique lifestyle, with properties available that range from quaint cottages to larger homes, often at prices lower than nearby urban areas. It has thus seen consistent interest from both investors and individuals looking for a permanent residence.

Home Value Estimator For Hot Springs, MT

There are currently 533 real estate properties in Hot Springs, MT, with a median automated valuation model (AVM) price of $261,431.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hot Springs, MT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hot Springs, MT, is $347,830.00, with the most expensive house in Hot Springs, MT, topping out at $6,412,549.00 and the cheapest home in Hot Springs, MT, clocking in at $37,820.00. In other words, there’s something for every potential homebuyer or savvy investor in Hot Springs, MT!

Rent Prices In Hot Springs, MT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hot Springs, MT, is on a rollercoaster ride. The average rent price in Hot Springs, MT, is $953.00. Indeed, when looking to rent in Hot Springs, MT, you can expect to pay as little as $550.00 or as much as $2,010.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Hot Springs, MT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hot Springs, MT Condos


Market Trend for Hot Springs, MT

Total Listings Available: 0

Market Values:

Home Prices from $37,820 to $6,412,549

Average Sales Price: $347,830

Rental Values:

Rental from $550 to $2,010

Average Rent Value: $953 / month

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