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RED LODGE, MT 59068

Real Estate Market Report  ·  Carbon County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
75
⇧ 13.6% vs 66 last year
Pending
8
11% pending ratio
Median Price
$653,944
⇩ 8.8% vs $717,225 last year
Average Price
$841,706
⇩ 12.6% vs $963,513 last year
Days on Market
62
⇩ 46.1% vs 115 days last year

Market Context

Population: 3,514  ·  Density: 2.6/mi²  ·  Median household income: $55,368

Typical home value: $423,104  ·  Homeownership: 65.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The RED LODGE, MT real estate market (59068) currently shows 75 active listings, with 8 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 62 days on market compared to 115 days last year.

The median listing price has fallen 8.8% year-over-year, from $717,225 to $653,944.

Whether you are buying or selling in RED LODGE, MT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 75 this year vs 66 last year
  • Days on market: 62 now vs 115 last year

Median & Average Pricing

Year over Year
  • Median: $653,944 (-8.8% YoY)
  • Average: $841,706 (-12.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 49.0 miles — 263 listings ($225,659,942 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59068Red Lodge, MT 590680.0 mi75$63,127,950$653,944$841,706
59007Bearcreek, MT 5900714.5 mi1$590,000$590,000$590,000
59008Belfry, MT 5900819.4 mi2$1,660,000$365,000$830,000
59001Absarokee, MT 5900125.9 mi3$3,698,001$1,299,000$1,232,667
59081Silver Gate, MT 5908127.5 mi1$1,229,999$1,229,999$1,229,999
82435Powell, WY 8243531.0 mi62$38,933,024$490,750$627,952
59019Columbus, MT 5901934.1 mi14$7,959,406$619,000$568,529
59014Bridger, MT 5901438.6 mi12$10,437,360$532,000$869,780
59069Reed Point, MT 5906939.3 mi3$4,218,000$849,000$1,406,000
59063Park City, MT 5906341.3 mi2$1,040,000$520,000$520,000
82423Frannie, WY 8242344.4 mi1$350,000$350,000$350,000
82421Deaver, WY 8242145.8 mi1$430,000$430,000$430,000
82414Cody, WY 8241449.0 mi86$91,986,202$559,000$1,069,607

Frequently Asked Questions

How many homes are for sale in RED LODGE, MT 59068?

As of January 2026, there are 75 active listings in RED LODGE, MT (zip code 59068), compared to 66 the prior year.

What is the median home price in RED LODGE, MT 59068?

The median listing price in RED LODGE, MT 59068 is $653,944 as of January 2026, a 8.8% decrease from $717,225 the prior year.

How long do homes stay on the market in RED LODGE, MT?

Homes in RED LODGE, MT 59068 spend an average of 62 days on the market before going under contract, compared to 115 days the prior year.

Is it a seller's or buyer's market in RED LODGE, MT 59068?

Based on current inventory and days-on-market data as of January 2026, RED LODGE, MT 59068 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 62 days on market compared to 115 days last year.

How much can I save on real estate commission in RED LODGE, MT?

With SELL123.com's maximum 3% commission, sellers in RED LODGE, MT 59068 save an estimated $13,079 compared to a typical 5% commission on the median listing price of $653,944. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.