Columbia Falls, MT


Highest Appreciating Columbia Falls Neighborhoods Since 2000

Columbia Falls, MT Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Columbia Falls Housing Market Information

With a population of 5,093, 1,949 total housing units (homes and apartments), and a median house value of $208,654, Columbia Falls real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Columbia Falls, accounting for 67.25% of the city's housing units. Other types of housing that are prevalent in Columbia Falls include duplexes, homes converted to apartments or other small apartment buildings ( 18.26%), large apartment complexes or high rise apartments ( 7.20%), and a few mobile homes or trailers ( 4.56%).

The most prevalent building size and type in Columbia Falls are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.00% owning and 38.00% renting.

There is a lot of housing in Columbia Falls built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Columbia Falls built between 1940-1969 ( 28.19%). A lesser amount of the housing stock also hails from between 2000 and later ( 26.31%). There's also some housing in Columbia Falls built before 1939 ( 5.79%).

Columbia Falls Home Appreciation Rates

Real estate appreciation rates in Columbia Falls's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.22% during the period.

Appreciation rates are so strong in Columbia Falls that despite a nationwide downturn in the housing market, Columbia Falls real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Columbia Falls appreciation rates continue to be some of the highest in America, at 6.09%, which is higher than appreciation rates in 74.86% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Columbia Falls. Columbia Falls appreciation rates in the latest quarter were at 2.06%, which equates to an annual appreciation rate of 8.49%.

Importantly, this makes Columbia Falls one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Montana, our data show that Columbia Falls's latest annual appreciation rate is lower than 60% of the other cities and towns in Montana.

Average Home Values


Median Home Value:

Columbia Falls, MT HOME PRICES

Value Range
> $1,193,000 0.6
$894,001 - $1,193,000 0.0
$596,001 - $894,000 5.5
$477,001 - $596,000 1.7
$358,001 - $477,000 4.1
$238,001 - $358,000 27.6
$119,001 - $238,000 46.7
$59,001 - $119,000 8.2
$0 - $59,000 5.7

Average for MT
High for Nation

Value Relative to Nation Value Relative to State
30.1476620180476 42.1875

Number Of Homes And Apartments:

Columbia Falls Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
65.62% 2.97% 2 8
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,154 / per month

Homeownership Rate

Owners 62.00
Renters 38.00
Vacant 8.28

Housing Market Details


Age of Homes

AGE OF Columbia Falls HOMES
2000 or Newer 26.3
1970 - 1999 39.7
1940 - 1969 28.2
1939 or Older 5.8

Types of Homes

TYPE OF Columbia Falls HOMES
Single-Family 67.2
Townhomes 2.7
Small Apt. Buildings 18.3
Apt. Complexes 7.2
Mobile Homes 4.6
Other 0.0

Home Size

SIZE OF Columbia Falls HOMES
No Bedroom 1.18
1 Bedroom 4.66
2 Bedrooms 24.89
3 Bedrooms 56.33
4 Bedrooms 7.91
5 or more bedrooms 5.04

Popular Neighborhoods in Columbia Falls

Popular Communities Near Columbia Falls, MT

Zip Codes in Columbia Falls, MT