Is now a good time to buy land in Red Lodge, Montana?
Red Lodge, Montana is currently a strong buyer's market with 37.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
37.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 3 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | 1 | 3 | 3 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 4 | 9 |
Red Lodge, Montana is currently a strong buyer's market with 37.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Red Lodge, Montana currently has 37.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Red Lodge, Montana is 2.7%. The 12-month rate is 4.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Red Lodge, Montana is 2.7% (3-month basis), indicating slow demand. The top-performing broker in this market is Mountainlands of MT Realty.
Land in Red Lodge, Montana typically sells within 170 days of listing. The median time on market is 62 days. Properties are moving slowly in the current strong buyer's market.
There are currently 25 active listings in Red Lodge, Montana. 11 new listings have hit the market in the last 90 days. The median asking price is $425K.
Over the past 12 months, Red Lodge, Montana saw 12 properties sold. In just the last 3 months, 2 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.