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 Q2 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:
$226,697

Number Of Homes And Apartments:
409,394

Montana Home Prices

Value Range
> $1,153,000 1.7
$864,001 - $1,153,000 1.1
$576,001 - $864,000 4.0
$461,001 - $576,000 4.2
$346,001 - $461,000 10.4
$230,001 - $346,000 24.9
$115,001 - $230,000 32.2
$58,001 - $115,000 10.9
$0 - $58,000 10.5

Montana Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q1 - 2017 Q2
1.31% 5.33% 3
Last 12 Months:
2016 Q2 - 2017 Q2
4.99% 4.99% 5
Last 2 Years:
2015 Q2 - 2017 Q2
9.36% 4.57% 5
Last 5 Years:
2012 Q2 - 2017 Q2
23.77% 4.36% 6
Last 10 Years:
2007 Q2 - 2017 Q2
15.51% 1.45% 8
Since 2000:
2000 Q1 - 2017 Q2
105.08% 4.25% 9
* 10 is highest

Rent & Homeownership

Average Market Rent:
$919 / 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