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 Q3 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:
$243,163

Number Of Homes And Apartments:
415,808

Montana Home Prices

Value Range
> $1,194,981 1.6
$896,236 - $1,194,981 1.2
$597,491 - $896,235 4.1
$478,395 - $597,490 4.7
$358,535 - $478,394 11.1
$238,957 - $358,534 25.5
$119,536 - $238,956 31.2
$59,761 - $119,535 10.4
$0 - $59,760 10.3

Montana Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q2 - 2018 Q3
1.67% 6.85%
7
Last 12 Months:
2017 Q3 - 2018 Q3
5.73% 5.73%
5
Last 2 Years:
2016 Q3 - 2018 Q3
11.77% 5.72%
6
Last 5 Years:
2013 Q3 - 2018 Q3
26.99% 4.89%
6
Last 10 Years:
2008 Q3 - 2018 Q3
24.28% 2.20%
7
Since 2000:
2000 Q1 - 2018 Q3
121.73% 4.40%
9
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,042 / 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