Housing Prices in Hot Springs, MT

How much do homes in Hot Springs, MT cost?

Median List Price

$302,450

$248/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$62,450(+26.0%)

Key Takeaway

The list price of homes in Hot Springs has increased by 26% since last year.

Summary: The median home list price in Hot Springs was $302,450 in March 2024, up 26% from the previous year, and the median price per square foot was $248.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$85K
N/A
2 $225K$300K
+33.3%
3 $214.5K$305K
+42.2%
4 $279K$509.9K
+82.8%
5+ --
N/A

Summary: Hot Springs housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 42.2%, 4 bedroom homes increased by 82.8%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Flathead Reservation
+29.4%
Hot Springs
+26.0%

Housing Supply in Hot Springs, MT

How many homes are available in Hot Springs, MT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
880.0%

Summary: The Hot Springs real estate market had 8 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 44
0.0%
3 22
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Hot Springs housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Hot Springs, MT

How long does it take to sell a home in Hot Springs, MT?

Average Listing Age

Mar 2023Mar 2024CHANGE
409 Days128 Days-68.5%

Summary: Homes in Hot Springs had an average listing age of 128 days in Mar 2024, down by 68.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Hot Springs, MT

Nearby Markets to Hot Springs, MT

What housing markets are near Hot Springs, MT?