New - 6 days on Rocket
#30038617, Judy Fountain, Listing Office: Western Brokers
Hot Springs Housing Market Report January 2025•Sanders County, Montana
Housing Prices in Hot Springs, MT
How much do homes in Hot Springs, MT cost?
Median List Price
$220,000$219/SqFt
-$69,450
-24.0%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Hot Springs has decreased by 24% since last year.
Summary: The median home list price in Hot Springs was $220,000 in January 2025, down 24% from the previous year, and the median price per square foot was $219.
Median List Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Flathead Reservation | $299.9K | $288.5K | -3.8% |
| Hot Springs | $289.4K | $220K | -24.0% |
Median List Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $85K | $230K | +170.6% |
| 22 Bedrooms | $279K | $219K | -21.5% |
| 33 Bedrooms | $299.9K | $219K | -27.0% |
| 44 Bedrooms | $750K | $670K | -10.7% |
| 55+ Bedrooms | - | - | N/A |
Summary: Hot Springs housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +170.6%. The home price for 2 bedroom homes decreased by -21.5%. The home price for 3 bedroom homes decreased by -27.0%. The home price for 4 bedroom homes decreased by -10.7%. The home price for 5 bedroom homes did not change.
Housing supply in Hot Springs, MT
How many homes are available in Hot Springs, MT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthJan 2025 | ||
| 42 months agoDec 2024 | +50.0 % Change MoMDec – Jan |
Summary: The Hot Springs real estate market had 6 homes for sale in Jan 2025, a 50.0 % increase compared to Dec 2024.
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 1 | 2 | +100.0% |
| 33 Bedrooms | 1 | 2 | +100.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Hot Springs housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 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
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 109 DaysThis YearJan 2025 | ||
| 237 Days1 year agoJan 2024 | -53.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Hot Springs had an average listing age of 109 days in Jan 2025, down by 53.8% compared to the previous year.
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Newest Listings in Hot Springs, MT
What homes are available in Hot Springs, MT?
New - 6 days on RocketBackup offers
$2,138 Closing Credit¹
#30039430, Danya Cotte, Listing Office: Montana Realty Partners
#30039045, Charlie Scott, Trudy Berge, Listing Office: HomeSmart Realty Partners
#30038567, Katherine Swope, Listing Office: Clearwater Montana Properties - Polson
Backup offers
$2,601 Closing Credit¹
#30038475, Tracy M Brink, Listing Office: Lake Homes Realty LLC
Backup offers
$2,601 Closing Credit¹
#30035552, Trudy Berge, Charlie Scott, Listing Office: HomeSmart Realty Partners
Backup offers
$10,000 Closing Credit¹
#30032911, Kara Chapman, Listing Office: Performance Real Estate, Inc.
Backup offers
#30032702, Jeannette Carr, Listing Office: Clearwater Montana Properties - Noxon
Backup offers
$7,956 Closing Credit¹
#30032294, Trudy Berge, Charlie Scott, Listing Office: HomeSmart Realty Partners
#30030475, Charlie Scott, Trudy Berge, Listing Office: HomeSmart Realty Partners
$1,603 Closing Credit¹
#30030307, Janet Marie Frederick, Listing Office: PureWest Real Estate - Polson
#30026984, Ryan Lee Koistinen, Listing Office: Engel & Völkers Western Frontier - Kalispell
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MLS Disclaimers and Copyright
Based on information from Montana Regional MLS, for the period 02/01/2023 - 02/01/2025
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: 2/6/2025, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.