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Short Sale Listings in Lolo, MT 59847

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Living in Lolo, MT

Lolo, MT, is a peaceful town surrounded by stunning natural beauty and a strong community presence. Residents enjoy numerous outdoor activities and proximity to Missoula for additional amenities. The town’s charm and commitment to sustainability make it an appealing option for families and nature lovers alike.

Current Market Conditions in Lolo, MT

The real estate market in Lolo, MT, is currently witnessing steady growth, driven by increasing demand for homes in scenic and peaceful settings. Home prices have appreciated as more buyers seek to escape urban environments for a more relaxed lifestyle, creating a competitive market.

Investors should be aware that Lolo's housing inventory is limited, leading to quicker sales and rising property values. As development continues in nearby Missoula, Lolo's appeal as a commuter town is expected to further enhance its market attractiveness.

Home Value Estimator For Lolo, MT

There are currently 2,194 real estate properties in Lolo, MT, with a median automated valuation model (AVM) price of $517,677.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lolo, 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 Lolo, MT, is $571,898.00, with the most expensive house in Lolo, MT, topping out at $3,426,500.00 and the cheapest home in Lolo, MT, clocking in at $62,444.00. In other words, there’s something for every potential homebuyer or savvy investor in Lolo, MT!

Rent Prices In Lolo, MT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lolo, MT, is on a rollercoaster ride. The average rent price in Lolo, MT, is $1,727.00. Indeed, when looking to rent in Lolo, MT, you can expect to pay as little as $880.00 or as much as $3,880.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Lolo, 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.

Lolo, MT 59847 Short Sale Listings


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