Lolo, MT—59847
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lolo, MT
As of Oct '25, the median home price in Lolo, MT is $539,000, with a year-over-year change of 1.2%. This indicates that home prices in Lolo, MT are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $539,000 | 1.3% |
| Single Family | $540,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $475,000 | 2.4% |
3 Bed | $515,000 | 0.8% |
4 Bed | $594,000 | 1.2% |
| 5 Bed | $744,000 | 2.3% |
% of Housing Stock
Rental Trends — Lolo, MT
As of July '25, Rentcast reports the average rent in Lolo, MT is $1,970, with a year-over-year rent change of 23.1%. Per bedroom, the median rent as of July '25 in Lolo, MT is 1-bedrooms: $1,400, 2-bedrooms: $1,530, 3-bedrooms: $2,830, 4-bedrooms: $2,850. The most common rental property sizes in Lolo, MT are 3-bedroom and 2-bedroom, accounting for 38.9% and 36.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,970 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,400 |
| 2 Bed Rent | $1,400 | $1,530 |
| 3 Bed Rent | $2,600 | $2,830 |
| 4 Bed Rent | $2,700 | $2,850 |
% of Rental Stock
Property Listings — Lolo, MT
As of Oct '25, Realtor.com reports that the median days on market for a home in Lolo, MT is 101. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $856,000 | 5.0% |
Listing Count | 28 | 19.0% |
| Listings as % of Homes | 0.7% | 19.0% |
Days on Market | 101 | 4.0% |
Demographics — Lolo, MT
As of the latest ACS Survey released in 2023, Lolo, MT has a population of 6,580, which has increased by 15.2% over the past 5 years. Lolo, MT is a popular place for families, as children make up 25.5% of the population. The area has a moderately educated workforce, with 36.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,580 | 15.2% |
% Under 18 | 25.5% | 2.0% |
% Seniors | 12.1% | -14.8% |
% WFH | 9.8% | 53.1% |
% w/ College Degree | 36.0% | -2.7% |
As of the latest ACS Survey released in 2023, Lolo, MT is a predominantly white area, with 88.5% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Lolo, MT is hispanic, making up 6.6% of the population. Foreign-born residents account for 0.9% of the population in Lolo, MT, and this percentage has decreased by 70.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.5% | -6.3% |
% Black | 0.4% | -20.0% |
% Hispanic | 6.6% | 144.4% |
% Asian | 0.8% | -20.0% |
% Foreign Born | 0.9% | -70.0% |
Mortgage and Risk — Lolo, MT
According to HUD data as of 2023, there were 119 mortgage originations in Lolo, MT, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Lolo, MT. Investor activity is low, as 4.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 119 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Lolo, MT
As of 2024, the percent of homes in Lolo, MT under the Section 8 program is 3.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Lolo, MT, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 23 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,500 | $1,240 |
| 2 Bedroom | $80 | $1,400 | $1,480 |
| 3 Bedroom | -$520 | $2,600 | $2,080 |
| 4 Bedroom | -$210 | $2,700 | $2,490 |
Affordability — Lolo, MT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $539,000 |
| Median Household Income | $75,700 |