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Market Watch
July 30, 2026· Updated September 5, 2026
3 min read

Montana Housing Market 2026: Prices, Sales & Trends

What homes actually sell for in Montana: a median closed sale price of $549,000 across 5,267 closings Resideline tracked over the last six months, plus the state's largest markets by volume.

Resideline Team
Montana Housing Market 2026: Prices, Sales & Trends

Montana's median closed sale price is $549,000, measured across 5,267 closings Resideline tracked statewide over the last six months, as of September 2026. These are closings we track directly, a measured sample rather than a complete state record, which is why we can show the detail below at all. A statewide median hides how far apart Montana's markets sit. Among its highest-volume markets, Bozeman carries the highest median and Butte the lowest. That gap is the reason a state figure belongs in a market briefing rather than in an offer: it describes the middle of the distribution, not a price you can underwrite against.

Montana's largest markets by closing volume

MarketClosings tracked, last 6 monthsMedian closed sale
Missoula541$543,000
Great Falls511$339,500
Bozeman443$669,000
Kalispell270$525,000
Billings242$399,900
Butte242$317,000
Helena203$435,500
Belgrade173$550,000

Montana markets measured over the last 12 months

These Montana markets close too few sales for a six-month figure to be worth publishing, so their count and median cover the last 12 months instead. A longer window collects more sales, so these counts are not comparable with the six-month table above and are not ranked against it.

MarketClosings tracked, last 12 monthsMedian closed sale
Whitefish256$991,000

Volume matters as much as price here. Higher transaction volume generally provides more potential comparable sales, although the usable set for a specific property still depends on property type, size, condition, location and recency.

Rankings for Montana: best places to buy rental property in Montana orders cities by entry price and closings tracked, cheapest cities to buy a house in Montana adds each city's price per square foot for houses, realized appreciation and days to contract, and Cap Rate by City ranks the Montana cities Resideline tracks by gross rental yield.

Figures last updated September 5, 2026 from closings Resideline tracked.

How to price a specific Montana property

Work from the closings, not from the state number. Start with sales of the same property type inside a tight radius, match size and condition before you widen anything, and treat the figures above as a sanity check on the answer rather than as the answer. A statewide median is useful for spotting which markets deserve attention; it will mis-price an individual address in either direction.

Run any Montana address through Resideline and you will get the local comparable set and the property's value together, in one report.

Frequently Asked Questions

What is the median home price in Montana?

The median closed sale price in Montana is $549,000, measured across 5,267 closings Resideline tracked statewide over the last six months as of September 2026.

Which Montana markets are most and least expensive?

Among the Montana markets we track with the most closings, Bozeman has the highest median closed sale at $669,000 and Butte the lowest at $317,000. Both are measured from closings Resideline tracked over the last six months.

What could a property in Montana be worth?

Create a free account to explore a Montana property's value, rental potential and comparable properties.

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