MT area data
Red lodge, MT
Red lodge, MT.
Population: 3,977 (Census ACS)
The median home value in Red lodge, MT is $532,809 — up 3.3% over the past year. Homes sell for a median $457,200 after a median 535.5 days on market. 4 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with landslide, lightning, wildfire the top-rated hazards. Cost of living is 4.5% below the US average (BEA, metro/state-level).
$532,809
Median home value
+3.3%
1-year change
535.5
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $532,809
- 1-year appreciation
- +3.3%
- 3-year appreciation
- +14.2%
- 5-year appreciation
- +40.9%
- 10-year appreciation
- +122.4%
- All-time peak (2026-07)
- $532,809
- House Price Index (state)
- 724.8 (-1.8% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $457,200
- Median list price
- $579,406
- Median price per sqft
- $373
- 1-year sale-price change
- -11.9%
- Median days on market
- 535.5 days
- Homes sold (recent period)
- 4
- For-sale inventory
- 79
- Active listings
- 18
- 1-year forecast
- +1.8%
- New listings (monthly)
- 17
Source: recent area sales and market data (ZIP-level)
Rents
- Studio fair-market rent
- $992/mo
- 1BR fair-market rent
- $1,239/mo
- 2BR fair-market rent
- $1,547/mo
- 3BR fair-market rent
- $2,012/mo
- 4BR fair-market rent
- $2,321/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Average)
- 95.5 (100 = US avg)
- Electricity rate (state-level)
- 13.0¢/kWh
- Natural gas rate (state-level)
- $9.00/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 4
- Elementary schools
- 2
- Middle schools
- 1
- High schools
- 1
- School districts serving the area
- Luther Elem, Red Lodge Elem, Red Lodge H S
- Schools include
- Luther School, Mountain View School, Roosevelt Junior High, Red Lodge High School
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- landslide, lightning, wildfire, winterWeather
- Notable hazard ratings (county)
- avalanche: Relatively Low · coldWave: Relatively Low · drought: Relatively Low · hail: Relatively Low · inlandFlooding: Relatively Low · landslide: Relatively High
- FEMA flood zone
- X
- Flood risk level
- Minimal
- Wildfire risk to homes (county)
- Higher than 84% of US counties
- Buildings in wildfire direct-exposure zone
- 73.1%
- Radon potential (county)
- High radon potential — EPA Zone 1 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 79.0°F
- Average high
- 80.0°F
- Average low
- 78.0°F
- Annual precipitation
- 48.3 in
- USDA plant hardiness zone
- 5a (extreme annual low -20 to -15°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Walkability & transit
- Walkability index
- 7.7 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 811
- Jobs reachable by transit (45 min)
- 668
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- Airports within 30 mi
- 6
- Nearest airport
- Red Lodge Airport (10 mi)
- Hospitals nearby (~15 mi)
- 1
- Hospitals include
- BEARTOOTH BILLINGS CLINIC
- Solar radiation rating
- Fair (3.6 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +154 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,975
- Housing built before 1970
- 43.2%
- Housing built 2000 or later
- 18.7%
- Median annual property tax
- $2,733
- Mean commute to work
- 18 min
- Households with broadband internet
- 56.0%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 2,406
- Average weekly wage
- $831
- Top industries (by employment)
- Accommodation & Food, Health Care, Agriculture
- Annual residential building permits (county)
- 46
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| Red lodge | State median | US median | |
|---|---|---|---|
| Median home value | $532,809 | $425,267 | $289,727 |
| Median sale price | $457,200 | $499,000 | $325,000 |
| Median days on market | 536 days | 110 days | 51 days |
| Median annual property tax | $2,733 | $1,830 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in Red lodge, MT?
- $532,809.
- What is the median sale price in Red lodge, MT?
- $457,200.
- How long do homes take to sell in Red lodge, MT?
- Median days on market: 535.5 days.
- What is typical rent in Red lodge, MT?
- 2-bedroom fair-market rent: $1,547/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
- What is the natural-hazard risk in Red lodge, MT?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: landslide, lightning, wildfire, winterWeather.
- Is Red lodge, MT in a flood zone?
- Minimal (FEMA NFIP). FEMA flood zone X.
- What is the wildfire risk in Red lodge, MT?
- Risk to homes is higher than 84% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in Red lodge, MT?
- High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near Red lodge, MT?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve Red lodge, MT?
- 4 schools (2 elementary, 1 middle, 1 high) (NCES, 2022-23).
- Is Red lodge, MT walkable?
- Walkability index: 7.7/20 (EPA Smart Location Database).
- What is the cost of living in Red lodge, MT?
- Regional Price Parity: 95.5 (100 = US average) (Average) (BEA RPP, metro/state-level).
ZIP code for Red lodge
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →