Is Lolo, MT 59847 a buyer’s or seller’s market?
Lolo is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Lolo housing market right now
In the three months ending August 31, 2026, 0% of homes in Lolo, MT 59847 sold above their list price, the typical home went under contract in 56 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (47 days then) and the median sale price rose 17% to $672,209. Overall, Lolo is less competitive than a year ago, which gives buyers more room.
Within Missoula County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Run the numbers for 59847
Nearby markets
Arlee 59821Buyer’s market $312 /sq ftBonner 59823Balanced $349 /sq ftCondon 59826Buyer’s market $419 /sq ftFrenchtown 59834Seller’s market $307 /sq ft Browse all markets →Towns like Lolo nearby
Find towns like Lolo in other states →Where Lolo is
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Questions about Lolo real estate
Is Lolo a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Lolo, MT 59847 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lolo?
The typical home went under contract in 56 days in the latest three months.
Do homes in Lolo sell over asking?
0% of homes sold above their original list price.
What are property taxes in Lolo?
About 0.88% of a home’s value a year in Missoula County, or roughly $3,520 on a $400,000 home.
What is the median home price in Lolo?
The median sale price was $672,209 in the three months ending August 31, 2026, about $342 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology