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Short Sale Listings in Hot Springs, MT

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View this home at Country Club Ln Thompson Falls MT 59873
Foreclosure
$262,000 List Price

3 Bed | 1 Bath

View this home at Hay Ln Noxon MT 59853
Preforeclosure

4 Bed | 1 Bath | 0 Sq. Ft.

View this home at Mt Highway 200 Plains MT 59859
Bankruptcy
View this home at Lynch Creek Loop Plains MT 59859
Bankruptcy
View this home at Jefferson St N Thompson Fls MT 59873
Bankruptcy
View this home at Elk Creek Rd Heron MT 59844
Bankruptcy
$460,560 EMV
View this home at Pine Meadow Ln Plains MT 59859
Bankruptcy
View this home at Pine Tree Ln Trout Creek MT 59874
Foreclosure
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Top Reasons To Live In Hot Springs, MT In 2024

Hot Springs is located in Sanders, Montana, with an estimated municipal population of 582 residents. All of the best foreclosed homes for sale in Hot Springs are located in the following zip code areas on Foreclosure.com: 59845. The estimated population per square kilometer (.62 miles) in Hot Springs is 585.


Cost Of Living In Hot Springs, MT

So, about how much do homes cost in Hot Springs? The most recent median value of resident-owned homes in Hot Springs is 102,577. An estimated 60.4 percent of households in Hot Springs own their homes, with an average family size of 2.93. The median household income in Hot Springs is 20,972, with5.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hot Springs, the median commute time of resident workers (in minutes) is 15.5. And last, but certainly not least, are you looking for homes to rent in Hot Springs? If so, the average rent price paid by renters in Hot Springs is 517, according to recent statistics.


Diversity And Demographics In Hot Springs, Montana

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Hot Springs, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Hot Springs is 59.6, split between 57.2 percent male versus 42.8 female. The percentage of residents who report being married in Hot Springs is 37.4, with an average family size of 2.93.

The percentage of residents who report their race in Hot Springs is as follows:

White 92.7%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.4%
Other 0%

Looking for family-friendly neighborhoods in and/or near Hot Springs? Or maybe you are searching for 55+ active adult communities in and/or near Hot Springs?

The percentage of residents who report their age in Hot Springs is as follows:

Under 10 5.6%
Aged 10-19 3%
20s 10.6%
30s 5.6%
40s 12%
50s 14.4%
60s 24%
70s 17%
80+ 7.9%

Best Schools In Hot Springs, Montana

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Hot Springs with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hot Springs.


Pros And Cons Of Living In Hot Springs, Montana

How do you know that living in -- or moving to -- Hot Springs is right where you need to be? Perhaps you grew up in Hot Springs or already live nearby; therefore, the decision to buy a home in Hot Springs is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hot Springs for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Hot Springs:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hot Springs.


Reasons To Move To Hot Springs, Montana, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hot Springs can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hot Springs, meanwhile, can field multiple offers from more qualified buyers.

Hot Springs, MT Short Sale Listings


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