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HOT SPRINGS, MT 59845

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

Market Overview

Active Listings
14
⇧ 133.3% vs 6 last year
Pending
2
14% pending ratio
Median Price
$412,000
⇧ 85.8% vs $221,750 last year
Average Price
$447,992
⇩ 40.2% vs $749,400 last year
Days on Market
119
⇩ 13.1% vs 137 days last year

Market Context

Population: 1,303  ·  Density: 1.1/mi²  ·  Median household income: $29,194

Typical home value: $185,075  ·  Homeownership: 67.3%

Market Analysis

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

The HOT SPRINGS, MT real estate market (59845) currently shows 14 active listings, with 2 pending sales. Homes are averaging 119 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 119 days on market compared to 137 days last year.

The median listing price has risen 85.8% year-over-year, from $221,750 to $412,000.

Whether you are buying or selling in HOT SPRINGS, 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: 14 this year vs 6 last year
  • Days on market: 119 now vs 137 last year

Median & Average Pricing

Year over Year
  • Median: $412,000 (+85.8% YoY)
  • Average: $447,992 (-40.2% 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 41.9 miles — 456 listings ($674,560,997 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59845Hot Springs, MT 598450.0 mi14$6,271,888$412,000$447,992
59915Elmo, MT 5991512.8 mi4$4,298,000$899,500$1,074,500
59860Polson, MT 5986017.6 mi61$73,492,922$625,000$1,204,802
59914Dayton, MT 5991418.6 mi10$179,059,890$3,300,000$17,905,989
59856Paradise, MT 5985621.1 mi2$1,000,000$500,000$500,000
59931Rollins, MT 5993122.6 mi3$6,206,400$1,555,000$2,068,800
59831Dixon, MT 5983127.7 mi2$7,800,000$3,900,000$3,900,000
59920Kila, MT 5992028.0 mi13$41,513,329$1,279,000$3,193,333
59932Somers, MT 5993230.4 mi6$9,775,902$987,000$1,629,317
59873Thompson Falls, MT 5987333.9 mi23$15,249,207$606,500$663,009
59846Huson, MT 5984635.3 mi5$16,961,125$1,537,000$3,392,225
59901Kalispell, MT 5990139.9 mi304$307,850,160$659,000$1,012,665
59872Superior, MT 5987241.9 mi9$5,082,174$539,000$564,686

Frequently Asked Questions

How many homes are for sale in HOT SPRINGS, MT 59845?

As of January 2026, there are 14 active listings in HOT SPRINGS, MT (zip code 59845), compared to 6 the prior year.

What is the median home price in HOT SPRINGS, MT 59845?

The median listing price in HOT SPRINGS, MT 59845 is $412,000 as of January 2026, a 85.8% increase from $221,750 the prior year.

How long do homes stay on the market in HOT SPRINGS, MT?

Homes in HOT SPRINGS, MT 59845 spend an average of 119 days on the market before going under contract, compared to 137 days the prior year.

Is it a seller's or buyer's market in HOT SPRINGS, MT 59845?

Based on current inventory and days-on-market data as of January 2026, HOT SPRINGS, MT 59845 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 119 days on market compared to 137 days last year.

How much can I save on real estate commission in HOT SPRINGS, MT?

With SELL123.com's maximum 3% commission, sellers in HOT SPRINGS, MT 59845 save an estimated $8,240 compared to a typical 5% commission on the median listing price of $412,000. 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.