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Havre, MT Real Estate Market

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 Q2 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Havre, MT Housing Market Trends

With 9,362 people, 4,116 houses or apartments, and a median cost of homes of $241,148, Havre real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Havre, accounting for 68.79% of the city's housing units. Other types of housing that are prevalent in Havre include duplexes, homes converted to apartments or other small apartment buildings ( 10.56%), large apartment complexes or high rise apartments ( 10.45%), and a few mobile homes or trailers ( 8.09%).

The most prevalent building size and type in Havre are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.53% owning and 41.47% renting.

There is a lot of housing in Havre 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 Havre built between 1940-1969 ( 38.18%). A lesser amount of the housing stock also hails from before 1939 ( 19.94%). There's also some housing in Havre built between 2000 and later ( 3.36%).

Havre Home Appreciation Rates

Appreciation rates for homes in Havre have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 74.58%, which ranks in the top 40% nationwide. This equates to an annual average Havre house appreciation rate of 5.73%.

NeighborhoodScout's data show that during the latest twelve months, Havre's appreciation rate, at 15.90%, has been at or slightly above the national average. In the latest quarter, Havre's appreciation rate has been 2.93%, which annualizes to a rate of 12.26%.

Relative to Montana, our data show that Havre's latest annual appreciation rate is lower than 90% of the other cities and towns in Montana.

Average Home Values

 

Median Home Value:
$241,148

Havre, MT HOME PRICES

> $1,365,000
$1,024,001 - $1,365,000
$683,001 - $1,024,000
$546,001 - $683,000
$410,001 - $546,000
$273,001 - $410,000
$137,001 - $273,000
$69,001 - $137,000
$0 - $69,000
0.4%
0.4%
0.4%
0.4%
0.9%
0.9%
3.4%
3.4%
4.6%
4.6%
19.7%
19.7%
46.3%
46.3%
17.3%
17.3%
7.2%
7.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Low for MT

Value Relative To Nation

Number Of Homes And Apartments:
4,116

Havre Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MT*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
169.59% 4.51%
1
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,317 / per month

Homeownership Rate

Owners
Renters
Vacant
58.5%
58.5%
41.5%
41.5%
5.9%
5.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
3.4%
3.4%
38.5%
38.5%
38.2%
38.2%
19.9%
19.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
68.8%
68.8%
2.1%
2.1%
10.6%
10.6%
10.4%
10.4%
8.1%
8.1%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.0%
2.0%
10.5%
10.5%
28.9%
28.9%
30.9%
30.9%
19.0%
19.0%
8.6%
8.6%
0.0% 100.0%
% OF HOMES

Popular Communities Near Havre, MT

Zip Codes in Havre, MT