What State Has the Quickest Foreclosure Process?

Montana and Wyoming currently share the distinction of having the quickest foreclosure processes in the United States.

As of the third quarter of 2023, both Montana and Wyoming boast an average foreclosure timeline of 169 days, making them the states with the shortest average periods from the initial notice to the completion of the foreclosure process. This swiftness significantly contrasts with the much longer timelines seen in other parts of the country.

States with the Shortest Foreclosure Timelines

While Montana and Wyoming lead, several other states also exhibit comparatively rapid foreclosure timelines. Here are the states identified with the shortest average foreclosure durations as of Q3 2023:

These states stand out for their expedited procedures, which can be influenced by various factors, including state-specific laws and the type of foreclosure processes predominantly used.