House Prices

House Prices & Home Values Medicine Lake, MT 2026


Average Data

average house price$370,940
average size per house2111 ft²
average price per ft²176 $ / ft²

02/11/2026 - The value range (VR) for house prices in Medicine Lake, MT is $74/ sqft to $74/ sqft. An average home with 2111 sqft costs approximately $156,214 to $156,214. Medicine Lake, MT includes 1 ZIP codes and it is located in Sheridan county. The lowest prices are found in ZIP 59247, while the highest are in ZIP 59247. The average price per sqare feet is $176. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Medicine Lake

5924772 $ / ft²




Historical development of home values in Medicine Lake

Year Estimated value (USD) Change vs. 2025
2010 $172,271 -53.6%
2011 $165,609 -55.4%
2012 $165,164 -55.5%
2013 $171,337 -53.8%
2014 $179,857 -51.5%
2015 $189,088 -49.0%
2016 $198,955 -46.4%
2017 $209,694 -43.5%
2018 $221,287 -40.3%
2019 $231,548 -37.6%
2020 $243,517 -34.4%
2021 $276,975 -25.3%
2022 $322,890 -13.0%
2023 $340,503 -8.2%
2024 $360,202 -2.9%
2025 $370,940 0.0%

Graph: estimated home values in Medicine Lake over time (USD)



Example: 100% financing house in Medicine Lake

Loan amount: $370,940

Interest rate: 6.00%

Fixed monthly payment: $2,223.97

Breakdown in the 1st month:
Interest portion: $1,854.70  –  Principal portion: $369.27

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,132.49 $4,555.19 $366,384.81
2 $21,851.53 $4,836.14 $361,548.67
3 $21,553.25 $5,134.42 $356,414.25
4 $21,236.57 $5,451.10 $350,963.15
5 $20,900.36 $5,787.32 $345,175.83
6 $20,543.41 $6,144.26 $339,031.57
7 $20,164.44 $6,523.23 $332,508.34
8 $19,762.11 $6,925.57 $325,582.77
9 $19,334.95 $7,352.72 $318,230.05
10 $18,881.45 $7,806.22 $310,423.83
11 $18,399.98 $8,287.69 $302,136.14
12 $17,888.81 $8,798.86 $293,337.28
13 $17,346.12 $9,341.55 $283,995.73
14 $16,769.95 $9,917.72 $274,078.01
15 $16,158.25 $10,529.42 $263,548.58
16 $15,508.82 $11,178.85 $252,369.73
17 $14,819.33 $11,868.34 $240,501.39
18 $14,087.32 $12,600.35 $227,901.03
19 $13,310.16 $13,377.52 $214,523.52
20 $12,485.06 $14,202.61 $200,320.90
21 $11,609.07 $15,078.60 $185,242.30
22 $10,679.06 $16,008.61 $169,233.69
23 $9,691.68 $16,995.99 $152,237.70
24 $8,643.41 $18,044.27 $134,193.43
25 $7,530.48 $19,157.20 $115,036.24
26 $6,348.90 $20,338.77 $94,697.47
27 $5,094.45 $21,593.22 $73,104.24
28 $3,762.63 $22,925.04 $50,179.20
29 $2,348.66 $24,339.01 $25,840.19
30 $847.48 $25,840.19 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Medicine Lake, MT


1500 sqft3900 sqft
Ø selling price$319,440$679,536
Ø fast selling$290,400$611,583
Ø high price sale$348,480$747,490

In 2026, houses in Medicine Lake, MT will be offered at an average price of $176 per square foot. A 1,500 sqft home priced at $319,440 is 22.29% more expensive per square foot than a 3,900 sqft home priced at $679,536. Home prices in Medicine Lake, MT vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $470,449. Sellers who can wait longer may achieve a higher price of up to $574,993.


Medicine Lake, MT

Overview

Medicine Lake, MT is a quiet small town in northeastern Montana known for wide-open prairie skies and easy access to the Medicine Lake National Wildlife Refuge.
The community blends agricultural roots with abundant outdoor opportunities, creating a welcoming base for birders, anglers, and road-trippers.
Visitors come for expansive views, brilliant sunrises, and the chance to see seasonal migrations across the prairie pothole landscape. In summer, the area?s calm waters and gentle breezes make it a relaxing stop on any Montana itinerary.

Nature and Things to Do

The adjacent refuge protects wetlands that host thousands of waterfowl and a notable colony of American white pelicans.
Popular activities include birdwatching, photography, shoreline walks, and catch-and-release fishing where permitted.
Wildlife viewing is best at dawn and dusk, and pullouts make it easy to scan for pelicans, grebes, herons, and pronghorn on nearby grasslands. In winter, the stark beauty of snow-dusted prairie and crystalline ice draws hardy travelers seeking solitude and big-sky vistas.

Planning Your Visit

Medicine Lake, MT offers basic services, and larger amenities are available in nearby regional hubs, so plan fuel, food, and lodging ahead.
Reach the area via well-maintained rural highways, check seasonal road and refuge access updates, and practice respectful travel by giving wildlife space and packing out what you pack in.



FAQ – Home Values in Medicine Lake

What is the median home value in Medicine Lake in 2026?

In 2026, the typical home value in Medicine Lake is about $370,940 for an average home size of 2111 square feet. This corresponds to an average price of roughly $176 per square foot.

What is the average cost per square foot in Medicine Lake?

In 2026, homes in Medicine Lake sell for an average of around $176 per square foot, with a typical range between $74 and $74 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Medicine Lake is about 2111 square feet, with an estimated 2026 value around $370,940.



Locations close to Medicine Lake, MT

Nashua, MT119 $ / ft²
Opheim, MT103 $ / ft²
Outlook, MT108 $ / ft²
Larslan, MT78 $ / ft²
Lambert, MT375 $ / ft²
Homestead, MT74 $ / ft²
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