Loma, MT Foreclosures
How much do homes sell for in Loma, MT?
The average home price is currently $449,244.
In Loma, MT, how many homes are available?
There are currently 1 active home listings available in Loma.
What’s the average rental cost in Loma, MT?
The average rental price in Loma is $1,130.
What is the most expensive home in Loma?
The most expensive home sold in Loma had a price of $1,221,433.
What is currently the cheapest priced home in Loma, MT?
The cheapest home for sale in Loma is priced at $88,168.
Living in Loma, MT
Loma, MT is a charming small town situated along the Marias River, perfect for those seeking a tranquil lifestyle surrounded by nature. Known for its friendly community and low cost of living, Loma offers outdoor activities such as fishing, hiking, and biking. With its stunning landscapes and agricultural roots, it's an ideal place for families or anyone looking to escape urban life.
Current Market Conditions in Loma, MT
The real estate market in Loma, MT, has become quite competitive over the past few years, particularly as more individuals seek out rural living options. Homes in the area tend to maintain their value despite the fluctuations in larger market trends, due to the limited inventory and stable demand for properties. Buyers are drawn to the peace and accessibility of the surrounding natural environment, leading to steady interest and investment in local real estate.
In recent months, the market has experienced slight price increases as demand grows. Buyers are particularly interested in properties with larger land sizes, as many look for opportunities to enjoy agrarian lifestyles or to establish personal outdoor spaces.
Home Value Estimator For Loma, MT
There are currently 68 real estate properties
in Loma, MT,
with a median automated valuation model (AVM) price
of $374,471.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Loma, 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 Loma, MT,
is $449,244.00, with the most expensive house
in Loma, MT, topping out
at $1,221,433.00 and the cheapest home
in Loma, MT,
clocking in at $88,168.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Loma, MT!
Rent Prices
In Loma, MT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Loma, MT, is on
a rollercoaster ride. The
average rent price in Loma, MT,
is $1,130.00. Indeed, when looking to rent in
Loma, MT, you can expect to pay as little
as $690.00 or as much
as $1,530.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Loma, 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.
Learn more on Foreclosure homes
