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Foreclosure Homes in Red Lodge, MT

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Red Lodge, MT Foreclosures

How much do homes sell for in Red Lodge, MT?
The average home price is currently $670,891.
In Red Lodge, MT, how many homes are available?
There are currently 1 active home listings available in Red Lodge.
What’s the average rental cost in Red Lodge, MT?
The average rental price in Red Lodge is $1,753.
What is the most expensive home in Red Lodge?
The most expensive home sold in Red Lodge had a price of $5,784,300.
What is currently the cheapest priced home in Red Lodge, MT?
The cheapest home for sale in Red Lodge is priced at $46,512.

Living in Red Lodge, MT

Red Lodge is a charming small town nestled in the Beartooth Mountains of Montana, known for its stunning natural beauty and vibrant community spirit. With access to outdoor activities like hiking, skiing, and fishing, Red Lodge is a haven for nature lovers and adventure seekers alike. The downtown area features a mix of historic architecture, boutique shops, and local eateries, making it a unique and inviting place to live and visit.

Current Market Conditions in Red Lodge, MT

The Red Lodge real estate market is dynamic and continues to attract attention from both buyers and investors. The mix of second homes and primary residences contributes to varying price points, appealing to diverse demographics. As of late 2023, home values in Red Lodge have seen steady appreciation due to its desirable location and amenities.

Investment in Red Lodge real estate remains robust, particularly for vacation rental properties. The town's close proximity to outdoor recreation and its quaint appeal draw in tourists and seasonal visitors, enhancing demand for properties. Recent developments in the area also indicate a growing interest in new housing options.

Home Value Estimator For Red Lodge, MT

There are currently 2,572 real estate properties in Red Lodge, MT, with a median automated valuation model (AVM) price of $545,139.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Red Lodge, 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 Red Lodge, MT, is $670,891.00, with the most expensive house in Red Lodge, MT, topping out at $5,784,300.00 and the cheapest home in Red Lodge, MT, clocking in at $46,512.00. In other words, there’s something for every potential homebuyer or savvy investor in Red Lodge, MT!

Rent Prices In Red Lodge, MT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Red Lodge, MT, is on a rollercoaster ride. The average rent price in Red Lodge, MT, is $1,753.00. Indeed, when looking to rent in Red Lodge, MT, you can expect to pay as little as $880.00 or as much as $2,480.00, with the average rent median estimated to be $1,780.00. The good news is that finding an affordable and desirable property to rent in Red Lodge, 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.

Red Lodge, MT Foreclosures


Market Trend for Red Lodge, MT

Total Listings Available: 1

Market Values:

Home Prices from $46,512 to $5,784,300

Average Sales Price: $670,891

Rental Values:

Rental from $880 to $2,480

Average Rent Value: $1,753 / month

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