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Montana
Real Estate Appreciation & Housing Market Trends






Montana Real Estate Market & Appreciation

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 Q4 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2023 (latest available). Updated annually.

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

Average Home Values

Median Home Value

$469,903

Number Of Homes And Apartments:

452,683

Montana Home Prices

> $1,353,653
$1,015,442 - $1,353,653
$676,426 - $1,015,441
$541,623 - $676,425
$406,017 - $541,622
$270,410 - $406,016
$135,474 - $270,409
$67,724 - $135,473
$0 - $67,723
5.3%
5.3%
5.7%
5.7%
15.5%
15.5%
12.5%
12.5%
17.1%
17.1%
20.2%
20.2%
13.4%
13.4%
4.6%
4.6%
5.8%
5.8%
0% 100.0%
% of Homes

Montana Appreciation Rates

Rent & Homeownership

Average Market Rent:

$1,669 / per month

Homeownership Rate

Owners
Renters
67.6%
67.6%
32.4%
32.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
13.4%
13.4%
86.6%
86.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
26.6%
26.6%
40.0%
40.0%
20.5%
20.5%
12.9%
12.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
69.3%
69.3%
4.3%
4.3%
7.3%
7.3%
9.4%
9.4%
9.5%
9.5%
0.2%
0.2%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.6%
2.6%
10.2%
10.2%
25.9%
25.9%
36.5%
36.5%
17.3%
17.3%
7.4%
7.4%
0% 100.0%
% of Homes