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Foreclosure Homes in Red Lodge, MT

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Red Lodge, MT Foreclosures

Current Market Conditions in in Red Lodge, MT As of February 2026?
Over the past month, Red Lodge has seen a slight increase in home prices, attributed to seasonal demand as families look for summer homes and others prepare for winter sports season. Inventory remains tight, fostering an environment where bidding wars have been reported for newly listed properties. As a result, home values are experiencing upward pressure, reflective of the town's continued attraction both as a primary and secondary residence.
How much do homes sell for in Red Lodge, MT?
The average home price is currently $681,748.
In Red Lodge, MT, how many homes are available?
There are currently 10 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 $1,743.
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 $45,748.

Living in Red Lodge, MT

Red Lodge is a charming small town located in south-central Montana, nestled in the Beartooth Mountains. Known for its stunning landscapes, the area offers year-round outdoor activities including skiing in the winter and hiking during the warmer months. The town features a vibrant arts scene, unique shops, and local dining that reflect its historic charm.

Buyer vs Seller Market in Red Lodge, MT

The real estate market in Red Lodge has shown resilience, with steady demand for homes particularly from those seeking vacation properties and retirement homes. The picturesque landscapes and outdoor lifestyle have made Red Lodge a desirable location, driving interest in both home purchases and rentals.

In recent months, homes have been selling relatively quickly, often receiving multiple offers as buyers compete for properties in the midst of promising developments in local tourism and retail spaces. The market displays a healthy balance of listings with noticeable price appreciation due to the limited inventory.

Home Value Estimator For Red Lodge, MT

There are currently 2,960 real estate properties in Red Lodge, MT, with a median automated valuation model (AVM) price of $551,044.00. 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 $681,748.00, 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 $45,748.00. 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 $1,743.00. Indeed, when looking to rent in Red Lodge, MT, you can expect to pay as little as $740.00 or as much as $2,480.00, with the average rent median estimated to be $1,770.00. 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: 10

Market Values:

Home Prices from $45,748 to $5,784,300

Average Sales Price: $681,748

Rental Values:

Rental from $740 to $2,480

Average Rent Value: $1,743 / month

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