Havre, MT


Highest Appreciating Havre Neighborhoods Since 2000

Havre, MT Real Estate Data

Havre Housing Market Information

With 9,834 people, 3,906 houses or apartments, and a median cost of homes of $153,910, 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 63.53% of the city's housing units. Other types of housing that are prevalent in Havre include large apartment complexes or high rise apartments ( 15.25%), duplexes, homes converted to apartments or other small apartment buildings ( 10.26%), and a few mobile homes or trailers ( 8.30%).

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 64.34% owning and 35.66% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Havre's housing was primarily built during this period, from the '40s through the '60s. A full 34.26% of the city's housing hails from this era. Other housing ages represented in Havre include homes built between 1970-1999 ( 33.02%) and housing constructed before 1939 ( 28.71%). There's also some housing in Havre built between 2000 and later ( 4.01%).

Vacant housing appears to be an issue in Havre. Fully 11.91% of the housing stock is classified as vacant. Left unchecked, vacant Havre homes and apartments can be a drag on the real estate market, holding Havre real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Havre Home Appreciation Rates

In the last 10 years, Havre has experienced some of the highest home appreciation rates of any community in the nation. Havre real estate appreciated 28.21% over the last ten years, which is an average annual home appreciation rate of 2.52%, putting Havre in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Havre definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Havre appreciation rates have trailed the rest of the nation. In the last twelve months, Havre's appreciation rate has been 2.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Havre were at 2.00%, which equates to an annual appreciation rate of 8.24%.

Relative to Montana, our data show that Havre's latest annual appreciation rate is lower than 80% of the other cities and towns in Montana.

Average Home Values


Median Home Value:


Value Range
> $1,162,000 0.8
$872,001 - $1,162,000 0.0
$581,001 - $872,000 0.0
$465,001 - $581,000 0.0
$349,001 - $465,000 4.1
$232,001 - $349,000 13.3
$116,001 - $232,000 46.7
$58,001 - $116,000 24.4
$0 - $58,000 10.6

Low for MT
Average for Nation

Value Relative to Nation Value Relative to State
49.0718510276981 63.28125

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$894 / per month

Homeownership Rate

Owners 64.34
Renters 35.66
Vacant 11.91

Housing Market Details


Age of Homes

2000 or Newer 4.0
1970 - 1999 33.0
1940 - 1969 34.3
1939 or Older 28.7

Types of Homes

Single-Family 63.5
Townhomes 2.7
Small Apt. Buildings 10.3
Apt. Complexes 15.2
Mobile Homes 8.3
Other 0.0

Home Size

No Bedroom 4.96
1 Bedroom 11.30
2 Bedrooms 25.58
3 Bedrooms 30.67
4 Bedrooms 18.76
5 or more bedrooms 8.73

Havre Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
84.91% 3.68% 6 9
* 10 is highest

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Zip Codes in Havre, MT