Deer Lodge County Housing Market Report February 2025•Deer Lodge County, Montana

hero building illustration for mobile

Housing Prices in Deer Lodge County, MT

How much do homes in Deer Lodge County, MT cost?

Housing Market Conditions

Is Deer Lodge County, MT a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Deer Lodge County is a Buyer's Market

Difference Since February 2024

Since last year, Deer Lodge County has remained a Buyer's Market.

Insight

Deer Lodge County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$276,750$179/SqFt
-$9,250
-3.2%

Based on all homes sold in the last 12 months

Insight

Homes in Deer Lodge County have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in Deer Lodge County was $276,750 in February 2025, down 3.2% from last year, and the median price per square foot was $179.

Median Sold Price By Counties

Median Sold Price By Counties
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Jefferson County
+12.1%
Beaverhead County
+1.0%
Silver Bow County
-1.7%
Deer Lodge County
-3.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$265K$174K
-34.3%
2$200K$220K
+10.0%
3$317.5K$315K
-0.8%
4$372K$355K
-4.6%
5$405K$609.2K
+50.4%

Summary: Deer Lodge County housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -34.3%. The home price for 2 bedroom homes increased by +10.0%. The home price for 3 bedroom homes decreased by -0.8%. The home price for 4 bedroom homes decreased by -4.6%. The home price for 5 bedroom homes increased by +50.4%.

Housing supply in Deer Lodge County, MT

How many homes are available in Deer Lodge County, MT?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
69Last MonthFeb 2025
702 months agoJan 2025
-1.4 %
Change MoMJan – Feb

Summary: The Deer Lodge County real estate market had 69 homes for sale in Feb 2025, a 1.4 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
8Last MonthFeb 2025
112 months agoJan 2025
-27.3 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
11112
+9.1%
21919
0.0%
32519
-24.0%
457
+40.0%
51012
+20.0%

Summary: Deer Lodge County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +9.1%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -24.0%. The inventory for 4 bedroom homes increased by +40.0%. The inventory for 5 bedroom homes increased by +20.0%.

Asking Price vs. Sold Price

How much do homes in Deer Lodge County, MT cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price8 Homes

Insight

If you're buying a home in Deer Lodge County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Deer Lodge County in February 2025, down by 27.3% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Deer Lodge County, MT

How long does it take to sell a home in Deer Lodge County, MT?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days0 Home

Over 90 Days5 Homes

Insight

Most homes in Deer Lodge County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 8 homes were sold in Deer Lodge County; 38% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
132 DaysThis YearFeb 2025
143 Days1 year agoFeb 2024
-7.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Deer Lodge County had an average listing age of 132 days in Feb 2025, down by 7.6% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Deer Lodge County, MT

What homes are available in Deer Lodge County, MT?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Montana

MLS Disclaimers and Copyright

Based on information from Montana Regional MLS, and Big Sky Country MLS for the period 03/01/2023 - 03/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2025 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/9/2025, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/9/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.