RealTrends Market Report

Montana, MT

Single-Family Homes

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Montana, MT

Tue Apr 28 2026
This week the median list price for Montana, MT is $699,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 3,465. Click here to stay informed with the Montana market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Montana, MT

Tue Apr 28 2026
This week the median list price for Montana, MT is $699,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 3,465. Click here to stay informed with the Montana market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Montana market.
Median List Price $699,000
Median Price of New Listings $599,450
Per Square Foot $325
Average Days on Market 147
Median Days on Market 70
Price Decreased 27%
Price Increased 0%
Relisted 6%
Inventory 3,465
Median Rent
Market Action 32
Slight Seller's Advantage

Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,019,900 3,758 5 - 10 acres 4 3.5 21 45 41 112
$875,000 2,625 1 - 2.5 acres 4 3 21 73 56 70
$580,000 1,963 0.25 - 0.5 acre 3 2 22 101 94 49
$325,000 1,478 6,500 - 8,000 sqft 3 2 67 91 105 70