Columbia Falls MT

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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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Columbia Falls Housing Market Information

With a population of 5,876, 2,289 total housing units (homes and apartments), and a median house value of $248,879, 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 71.75% 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 ( 12.33%), large apartment complexes or high rise apartments ( 8.45%), and a few mobile homes or trailers ( 4.14%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Columbia Falls. Owner-occupied housing accounts for 69.36% of Columbia Falls's homes, and 59.84% have either three or four bedrooms, which is average sized relative to America.

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 ( 30.41%). A lesser amount of the housing stock also hails from between 2000 and later ( 23.40%). There's also some housing in Columbia Falls built before 1939 ( 3.89%).

Columbia Falls Home Appreciation Rates

Appreciation rates for homes in Columbia Falls have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 44.63%, which ranks in the top 30% nationwide. This equates to an annual average Columbia Falls house appreciation rate of 3.76%.

NeighborhoodScout's data show that during the latest twelve months, Columbia Falls's appreciation rate, at 4.35%, has been at or slightly above the national average. In the latest quarter, Columbia Falls's appreciation rate has been 1.07%, which annualizes to a rate of 4.35%.

Relative to Montana, our data show that Columbia Falls's latest annual appreciation rate is higher than 70% of the other cities and towns in Montana.

Average Home Values


Median Home Value:

Columbia Falls, MT HOME PRICES

Value Range
> $1,281,000 0.0
$960,001 - $1,281,000 0.8
$640,001 - $960,000 1.4
$512,001 - $640,000 3.5
$384,001 - $512,000 9.3
$256,001 - $384,000 32.2
$128,001 - $256,000 42.4
$64,001 - $128,000 4.0
$0 - $64,000 6.5

Average for MT
High for Nation

Value Relative to Nation Value Relative to State
29.9970802919708 41.40625

Number Of Homes And Apartments:

Columbia Falls Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
112.46% 3.70%
* 10 is highest

Rent & Ownership


Average Market Rent:
$974 / per month

Homeownership Rate

Owners 69.36
Renters 30.64
Vacant 3.34

Housing Market Details


Age of Homes

AGE OF Columbia Falls HOMES
2000 or Newer 23.4
1970 - 1999 42.3
1940 - 1969 30.4
1939 or Older 3.9

Types of Homes

TYPE OF Columbia Falls HOMES
Single-Family 71.7
Townhomes 3.3
Small Apt. Buildings 12.3
Apt. Complexes 8.4
Mobile Homes 4.1
Other 0.0

Home Size

SIZE OF Columbia Falls HOMES
No Bedroom 0.00
1 Bedroom 8.53
2 Bedrooms 30.11
3 Bedrooms 42.95
4 Bedrooms 16.89
5 or more bedrooms 1.52

Popular Neighborhoods in Columbia Falls

Popular Communities Near Columbia Falls, MT

Zip Codes in Columbia Falls, MT