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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 23,938 people, 8,945 houses or apartments, and a median cost of homes of $269,003, Kalispell real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Kalispell, accounting for 58.19% of the city's housing units. Other types of housing that are prevalent in Kalispell include large apartment complexes or high rise apartments ( 16.36%), duplexes, homes converted to apartments or other small apartment buildings ( 11.76%), and a few row houses and other attached homes ( 10.35%).
The most prevalent building size and type in Kalispell are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.19% owning and 45.81% renting.
There is a lot of housing in Kalispell 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 Kalispell built between 2000 and later ( 25.43%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.56%). There's also some housing in Kalispell built before 1939 ( 14.53%).
Appreciation rates for homes in Kalispell have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 28.67%, which ranks in the top 40% nationwide. This equates to an annual average Kalispell house appreciation rate of 2.55%.
Appreciation rates are so strong in Kalispell that despite a nationwide downturn in the housing market, Kalispell real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kalispell appreciation rates continue to be some of the highest in America, at 6.31%, which is higher than appreciation rates in 88.96% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kalispell. Kalispell appreciation rates in the latest quarter were at 2.66%, which equates to an annual appreciation rate of 11.08%.
Importantly, this makes Kalispell 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 Kalispell's latest annual appreciation rate is lower than 50% of the other cities and towns in Montana.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Kalispell differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kalispell - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Kalispell real estate investment or home purchase decisions.
|$933,001 - $1,243,000||1.5|
|$622,001 - $933,000||2.2|
|$497,001 - $622,000||2.3|
|$373,001 - $497,000||8.1|
|$249,001 - $373,000||40.2|
|$124,001 - $249,000||36.3|
|$62,001 - $124,000||2.8|
|$0 - $62,000||5.4|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q3 - 2019 Q4
Last 12 Months:
2018 Q4 - 2019 Q4
Last 2 Years:
2017 Q4 - 2019 Q4
Last 5 Years:
2014 Q4 - 2019 Q4
Last 10 Years:
2009 Q4 - 2019 Q4
2000 Q1 - 2019 Q4
|* 10 is highest|
|AGE OF Kalispell HOMES|
|2000 or Newer||25.4|
|1970 - 1999||39.5|
|1940 - 1969||20.6|
|1939 or Older||14.5|
|TYPE OF Kalispell HOMES|
|Small Apt. Buildings||11.8|
|SIZE OF Kalispell HOMES|
|5 or more bedrooms||3.89|