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Advertise here →Hebgen Lake Estates, MT · Market Data
Hebgen Lake Estates, Montana real estate market data.
Real estate market data for Hebgen Lake Estates, MT (Gallatin County) — Census median home value $552,400, county listing prices up about 7.6% over the past year.
Hebgen Lake Estates, MT is in Gallatin County, Montana — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 53, with a median household income of $29,261. Census data puts Hebgen Lake Estates's median home value at $552,400 (all owner-occupied homes); Gallatin County's current median listing price runs $943,250, up about 7.6% over the past year.
At a glance
Hebgen Lake Estates market snapshot
Population
53
Median Household Income
$29,261
Median Home Value (city)
$552,400
Median Listing Price (Gallatin County)
$943,250
Median Gross Rent
$-666,666,666/mo
Price Trend (YoY)
+7.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Hebgen Lake Estates different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Hebgen Lake Estates's median home value — across all owner-occupied homes, not just recent sales — at $552,400. Separately, Gallatin County's current median listing price (via Realtor.com data, 2026-06-01) runs $943,250. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Gallatin County's FHFA house price index shows a 0.1% annual change in 2025.
Population & Income
Hebgen Lake Estates has an estimated population of 53 and a median household income of $29,261, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Hebgen Lake Estates's Census-reported median home value works out to about 18.9x the area's median household income, and median gross rent runs roughly -27340146% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Hebgen Lake Estates FAQ
What are home values like in Hebgen Lake Estates, MT?
The Census Bureau's American Community Survey puts Hebgen Lake Estates's median home value at $552,400. Gallatin County's current median listing price runs $943,250, up about 7.6% over the past year.
What is the population of Hebgen Lake Estates, MT?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Hebgen Lake Estates's population at approximately 53.
What's the median rent in Hebgen Lake Estates, MT?
The Census ACS estimates median gross rent in Hebgen Lake Estates at approximately $-666,666,666 per month.
What is the median household income in Hebgen Lake Estates, MT?
Census ACS data puts the median household income in Hebgen Lake Estates at approximately $29,261.
Is the Hebgen Lake Estates housing market growing?
Gallatin County's FHFA house price index shows a 0.1% annual change in 2025.
Is Hebgen Lake Estates, MT affordable relative to income?
Census ACS data puts Hebgen Lake Estates's median home value at about 18.9 times the median household income, with median gross rent equal to roughly -27340146% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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