The story of this market
The typical home in ZIP 59068 sells for about $650,000, or $359 per square foot.
Prices are up +36.3% from a year ago, so sellers still have some momentum. Homes take about 147 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $724 a month.
ZIP 59068 — Red Lodge
The Red Lodge market is experiencing significant price appreciation, with median prices rising over 36% year-over-year. Inventory levels have increased, providing more options for buyers, though the market remains characterized by high median days on market. Figures are based on Carbon County and Red Lodge market reports.
Median prices moved up 36.3% year over year.
Homes spend a median of 147 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 98.65% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 4.3% — a stable, low-distress profile.
ZIP code tabulation area 59068
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.