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Hot Springs, MT Real Estate


According to census data in the year 2000 there were 377 housing units in Hot Springs. This represents a 2.1% decline from 385 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 377 were located in what is classified as a rural area.

Homeownership rate in Hot Springs is about 53.8%. Hot Springs's vacancy rate, including seasonal lodging, is about 27.1%. Average household size is 1.89 people.

The majority of houses, apartments or condos in Hot Springs were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type6.90%
One Bedroom34.70%
Two Bedrooms36.30%
Three Bedrooms17.50%
Four Bedrooms4%
Five Bedrooms or more0.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1950
Median Value of occupied units$64,100
Median Price asked for vacant units$70,000

Rented Homes, Apartments and Condos

Average Household Size1.69
Median year structure was built1955
Median Monthly Rent asked for vacant units$271

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage35.70%
Debt Free64.30%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%