Montana
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Montana Real Estate Values & Housing Market 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 Q2 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$238,512

Number Of Homes And Apartments:
412,653

Montana Home Prices

Value Range
> $1,169,066 1.6
$876,778 - $1,169,066 1.2
$584,475 - $876,777 4.1
$467,361 - $584,474 4.7
$350,841 - $467,360 11.1
$233,798 - $350,840 25.5
$116,846 - $233,797 31.2
$58,436 - $116,845 10.4
$0 - $58,435 10.3

Montana Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
1.93% 7.93%
4
Last 12 Months:
2017 Q2 - 2018 Q2
6.46% 6.46%
6
Last 2 Years:
2016 Q2 - 2018 Q2
11.91% 5.79%
6
Last 5 Years:
2013 Q2 - 2018 Q2
26.32% 4.78%
6
Last 10 Years:
2008 Q2 - 2018 Q2
20.08% 1.85%
7
Since 2000:
2000 Q1 - 2018 Q2
117.75% 4.36%
9
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,016 / per month

Homeownership Rate

Homeownership
Owners 65.31
Renters 34.69
Vacant 16.03

Housing Details

Age of Homes

AGE OF Montana HOMES
2000 or Newer 18.6
1970 - 1999 43.7
1940 - 1969 23.4
1939 or Older 14.2

Types of Homes

TYPE OF Montana HOMES
Single-Family 69.2
Townhomes 3.3
Small Apt. Buildings 8.1
Apt. Complexes 8.3
Mobile Homes 11.1
Other 0.1

Home Size

SIZE OF Montana HOMES
No Bedroom 3.09
1 Bedroom 10.18
2 Bedrooms 27.61
3 Bedrooms 36.10
4 Bedrooms 16.42
5 or more bedrooms 6.60