Montana
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Top Ten Highest Appreciating MT Cities Since 2000




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 Q3 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$232,239

Number Of Homes And Apartments:
413,187

Montana Home Prices

Value Range
> $1,189,000 1.7
$892,001 - $1,189,000 1.1
$594,001 - $892,000 4.0
$475,001 - $594,000 4.2
$356,001 - $475,000 10.4
$238,001 - $356,000 24.9
$119,001 - $238,000 32.2
$59,001 - $119,000 10.9
$0 - $59,000 10.5

Montana Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q2 - 2017 Q3
2.62% 10.90% 10
Last 12 Months:
2016 Q3 - 2017 Q3
5.86% 5.86% 6
Last 2 Years:
2015 Q3 - 2017 Q3
10.65% 5.19% 6
Last 5 Years:
2012 Q3 - 2017 Q3
26.04% 4.74% 7
Last 10 Years:
2007 Q3 - 2017 Q3
17.44% 1.62% 8
Since 2000:
2000 Q1 - 2017 Q3
110.60% 4.35% 9
* 10 is highest

Rent & Homeownership

Average Market Rent:
$966 / per month

Homeownership Rate

Homeownership
Owners 65.28
Renters 34.72
Vacant 16.25

Housing Details

Age of Homes

AGE OF Montana HOMES
2000 or Newer 18.0
1970 - 1999 43.8
1940 - 1969 23.9
1939 or Older 14.3

Types of Homes

TYPE OF Montana HOMES
Single-Family 69.0
Townhomes 3.1
Small Apt. Buildings 8.2
Apt. Complexes 8.3
Mobile Homes 11.2
Other 0.1

Home Size

SIZE OF Montana HOMES
No Bedroom 2.91
1 Bedroom 10.42
2 Bedrooms 27.62
3 Bedrooms 36.35
4 Bedrooms 16.22
5 or more bedrooms 6.48