Housing in Red Lodge, MT
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$522,444
Median List Price
$497,888
Price Per Sq Ft
$327
Days on Market
240
Active Inventory
29
Months of Supply
4.8
Balanced market
Zillow Home Value
$490,019
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
20.0%
Market Activity
Source: RedfinHomes Sold
6
New Listings
7
Pending Sales
5
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$327
Median List $/SF
$352
Red Lodge vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Red Lodge is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$374,900
Median Rent
$805
Total Housing Units
1,944
Vacancy Rate
27.3%
Owner Occupied
60.4%
Renter Occupied
39.6%
Median Property Tax
$2,486
per year
Monthly Cost (w/ Mortgage)
$997
Housing Types
The current median sale price in Red Lodge, MT is $522,444 according to Redfin data. Homes spend a median of 240 days on the market. 0.0% of homes sold above asking price. The market has 4.8 months of supply. The median price per square foot is $327. The median rent is $805 per month (Census ACS). About 60.4% of housing units are owner-occupied. The median year homes were built is 1970. There are 1,944 total housing units.