Commercial Real Estate Market in Medicine Lake, MT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Medicine Lake, MT spans 136.1 square miles in Sheridan County, Montana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Medicine Lake, MT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Medicine Lake, MT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Medicine Lake, MT runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Medicine Lake, MT runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Medicine Lake, MT has 331 residents in 213 households. Density runs 2 people per square mile. Median household income here is $42,813.
331
Population
213
Households
1.6
Avg Household Size
42
Median Age
20%
College-Educated
95%
High-School Grad
136.1 sq mi
ZIP Area
2
Density / Sq Mi
$42,813
Median Household Income
$36,563
Median Earnings
$0
Median Rent
$90,000
Median Home Value
Tools
Nearby Markets
Methodology & data sources
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
