MT

Montana Housing Market

2025 Market Report & Data

$503K

Median Price

101

Days on Market

5.0

Months Supply

-6.7%

YoY Change

Balanced Market

Market Type

Buyer's Markets (8) Seller's Markets (98) Cheapest Cities Fastest Selling Rising Markets Price Drops

Market Dashboard

Market Summary

Buyer's Markets

8

cities with 6+ months supply

Balanced Markets

35

cities with 3-6 months supply

Seller's Markets

98

cities with <3 months supply

Most Affordable Cities

City Median Price DOM
1. Luther $60K 245d
2. Stockett $65K 38d
3. Acton $83K 61d
4. Fromberg $90K 41d
5. Elkhorn $95K 84d
6. Rapelje $129K 129d
7. Custer $135K 34d
8. Simms $170K 63d
9. Silesia $190K 57d
10. Edgar $199K 157d
View all cheapest cities →

🏰 Most Expensive Cities

City Median Price DOM
1. Gallatin River Ranch $3.45M 115d
2. Bridger $3.00M 52d
3. Springhill $1.98M 49d
4. Sedan $1.65M 57d
5. Nye $1.60M 387d
6. Whitefish $1.59M 176d
7. Four Corners $1.50M 98d
8. Batavia $1.35M 152d
9. Monarch $1.30M 193d
10. Gallatin Gateway $1.29M 153d

All 141 Cities in Montana

Montana Real Estate Market Overview

The Montana housing market currently shows balanced market conditions, with a median sale price of $503K and 5.0 months of inventory supply. Homes in Montana typically sell in 101 days.

Key Market Insights for Montana

Finding an Agent in Montana

Whether you're buying or selling in Montana, working with a local real estate agent who understands these market dynamics can help you achieve the best outcome. Our network of verified agents across Montana provides expert guidance tailored to your specific city and neighborhood.

Frequently Asked Questions About Montana Real Estate

Is Montana a buyer's or seller's market in 2026?

Montana is currently classified as a balanced market based on months of supply data. The market is relatively balanced, offering fair conditions for both buyers and sellers. Market conditions vary by city, so check local data for your specific area.

What is the median home price in Montana?

The median home price in Montana is approximately $503K as of 2026. Prices range significantly across the state, with Gallatin River Ranch among the most expensive areas and Luther offering more affordable options. Work with a local real estate agent for the most current pricing in your target neighborhoods.

How long does it take to sell a house in Montana?

Selling timelines in Montana vary by city and market conditions. The fastest-selling markets include Roscoe with a median of 2 days on market. Factors like pricing strategy, home condition, location, and seasonality all affect how quickly a home sells. A skilled listing agent can help price and market your home for a faster sale.

Should I buy a house in Montana right now?

Whether to buy in Montana depends on your personal finances, timeline, and target market. Balanced conditions offer a fair environment for well-prepared buyers. Consider factors like mortgage rates, your job stability, how long you plan to stay, and local price trends. Consult with a local real estate agent who can advise on specific neighborhoods.

How do I find a real estate agent in Montana?

Start by researching agents with proven experience in your target Montana market. Look for agents with strong local transaction history, positive client reviews, and expertise in your price range. Interview at least 2-3 agents before choosing. Ask about their recent sales, marketing strategy, and communication style. Our directory features verified agents across Montana to help you find the right match.

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Connect with a local expert who knows your market.

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