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 Q1 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$246,818

Number Of Homes And Apartments:
419,975

Montana Home Prices

Value Range
> $1,204,333 1.7
$903,448 - $1,204,333 1.3
$602,386 - $903,447 4.4
$481,724 - $602,385 5.1
$361,500 - $481,723 12.0
$240,887 - $361,499 26.2
$120,353 - $240,886 29.6
$60,197 - $120,352 10.0
$0 - $60,196 9.7

Montana Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q4 - 2019 Q1
-1.00% -3.95%
1
Last 12 Months:
2018 Q1 - 2019 Q1
4.13% 4.13%
4
Last 2 Years:
2017 Q1 - 2019 Q1
10.37% 5.06%
5
Last 5 Years:
2014 Q1 - 2019 Q1
25.90% 4.71%
6
Last 10 Years:
2009 Q1 - 2019 Q1
23.07% 2.10%
7
Since 2000:
2000 Q1 - 2019 Q1
122.39% 4.30%
9
* 10 is highest

Rent & Homeownership

Average Market Rent:
$968 / per month

Homeownership Rate

Homeownership
Owners 65.77
Renters 34.23
Vacant 16.19

Housing Details

Age of Homes

AGE OF Montana HOMES
2000 or Newer 19.3
1970 - 1999 43.3
1940 - 1969 23.1
1939 or Older 14.2

Types of Homes

TYPE OF Montana HOMES
Single-Family 69.4
Townhomes 3.4
Small Apt. Buildings 7.7
Apt. Complexes 8.5
Mobile Homes 11.0
Other 0.1

Home Size

SIZE OF Montana HOMES
No Bedroom 3.30
1 Bedroom 10.20
2 Bedrooms 27.40
3 Bedrooms 35.92
4 Bedrooms 16.64
5 or more bedrooms 6.55