Hot Springs, MT has an impressive housing market that is significantly outperforming the national average. The median value of homes in Hot Springs, MT is $224,100, which is significantly lower than the US House Median Value of $338,100. However, when looking at home appreciation over the last year, Hot Springs comes out on top with a 19.70% increase compared to the US 1 year House Appreciation of 8.27%. This makes Hot Springs a great place to invest in real estate as it has a significant potential for growth.
The median home cost in Hot Springs is $224,100. Home appreciation the last 10 years has been 126.4%. Home Appreciation in Hot Springs is up 19.4%.
Average Age of Homes
- The median age of Hot Springs real estate is 62 years old
The Rental Market in Hot Springs
- Renters make up 29.9% of the Hot Springs population
- 1.0% of houses and apartments in Hot Springs, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.