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RED LODGE, MT 59068

Real Estate Market Report  ·  Carbon County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The RED LODGE, MT real estate market (59068) currently shows 93 active listings, with 12 pending sales. Homes are averaging 99 days on the market before going under contract.

Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 99 days on market compared to 96 days last year.

The median listing price has risen 0.1% year-over-year, from $648,900 to $649,250.

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 Context

Market Context

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

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

Market Overview

Active Listings
93
⇧ 29.2% vs 72 last year
Pending
12
13% pending ratio
Median Price
$649,250
⇧ 0.1% vs $648,900 last year
Average Price
$840,815
⇩ 0.8% vs $847,528 last year
Days on Market
99
⇧ 3.1% vs 96 days last year

Price Per Square Foot

Median $/sqft
$360
⇩ 6.3% vs $384/sqft last year
Median Home Size
1,855 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 93 this year vs 72 last year
  • Days on market: 99 now vs 96 last year

Median & Average Pricing

Year over Year
  • Median: $649,250 (+0.1% YoY)
  • Average: $840,815 (-0.8% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 51.3 miles — 269 listings ($232,572,854 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59068Red Lodge, MT 590680.0 mi74$62,713,964$649,250$847,486
59007Bearcreek, MT 5900714.5 mi1$590,000$590,000$590,000
59008Belfry, MT 5900819.4 mi3$3,487,500$1,162,500$1,162,500
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 mi64$38,469,248$482,000$601,082
59019Columbus, MT 5901934.1 mi14$7,948,080$397,000$567,720
59014Bridger, MT 5901438.6 mi11$8,707,743$532,000$791,613
59069Reed Point, MT 5906939.3 mi4$4,110,668$787,000$1,027,667
59063Park City, MT 5906341.3 mi2$1,414,000$707,000$707,000
82421Deaver, WY 8242145.8 mi1$430,000$430,000$430,000
82414Cody, WY 8241449.0 mi89$99,160,151$551,125$1,114,159
82420Cowley, WY 8242051.3 mi2$613,500$306,750$306,750

Frequently Asked Questions

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

As of April 2026, there are 93 active listings in RED LODGE, MT (zip code 59068), compared to 72 the prior year.

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

The median listing price in RED LODGE, MT 59068 is $649,250 as of April 2026, a 0.1% increase from $648,900 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 99 days on the market before going under contract, compared to 96 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 April 2026, RED LODGE, MT 59068 is currently a Buyer's Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 99 days on market compared to 96 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 $12,985 compared to a typical 5% commission on the median listing price of $649,250. 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.