🏠 Buying a house in Montana | 🏘️ Selling a house in Montana | 🚚 Moving to Montana
🏡 Home values in Montana have risen 5.89% over the past year, indicating a seller's market.
📈 Housing inventory (the total number of homes for sale) stands at 4,289. That's about 10.98 months of inventory, indicating a seller's market.
📊 The sale-to-list price ratio (the percentage of listing price sellers are actually getting) is 98.80%, indicating a seller's market.
How does Montana compare to the national average?
| Data point | Value | Rank | Compared to national avg |
| Typical home value | $459,819[1] | #13 of 50 states | 22.4% higher |
| Median listing price | $637,000[2] | #6 of 50 states | 43.7% higher |
| Median sale price | $553,000[3] | #9 of 50 states | 26.4% higher |
| 30-year mortgage rate | 7.05%[4] | #42 of 50 states | 1.1% higher |
| Median days on market | 79[5] | #48 of 50 states | 34.4% longer |
Looking to buy or sell in Montana?
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Buying a house in the Montana real estate market
Montana has an affordability score of 7.8, meaning it takes 7.8 years of the median household income ($70,804) to afford Montana's median home sale price ($553,000). Because of this, we rank Montana as the 3rd least affordable state for buyers based strictly on prices compared to income.
| Data Point | Value | Rank | Compared to national avg |
| Median sale price | $553,000[6] | #9 of 50 states | 26.4% higher |
| 30-year mortgage rate | 7.05%[7] | #42 of 50 states | 1.1% higher |
| Median household income | $70,804[8] | #34 of 50 states | 8% lower |
| Affordability ratio | 7.8 | #48 of 50 states | 40.1% higher |
| Buyers agent commission | 2.82%[9] | #27 of 50 states | 2.7% higher |
Who pays for realtor commission in Montana?
Real estate agents' commissions are technically the responsibility of their respective clients - buyers pay their agents, and sellers pay theirs. Each party signs a contract with their agent promising to pay. However, sellers usually offer to pay for the buyer's agent so they can more easily afford the home.
Who pays closing costs in Montana?
Sellers are usually responsible for most closing costs, but some closing expenses fall to the buyer. As a buyer, you'll be expected to pay for the mortgage loan origination fee and other lender-related fees, private mortgage insurance, the down payment, an appraisal fee, and a home inspection fee.
Learn more about who pays closing costs in Montana.
Resources for Montana home buyers
Preparing to buy in Montana
Montana home buying costs
Selling a house in the Montana real estate market
According to our detailed survey of Montana real estate agents, listing agents (those representing the seller) charge an average commission in Montana of 2.79%, which is the 11th lowest in the United States. Buyers' agents charge an average commission of 2.82%, which is the 24th highest in the United States.
| Data point | Value | Rank | Compared to national avg |
| Median listing price | $637,000[10] | #6 of 50 states | 43.7% higher |
| Median sale price | $553,000[11] | #9 of 50 states | 26.4% higher |
| Median days on market | 79[12] | #48 of 50 states | 34.4% longer |
| Buyer's agent commission | 2.82%[13] | #27 of 50 states | 2.7% higher |
| Listing agent commission | 2.79%[14] | #11 of 50 states | 1.8% lower |
Resources for Montana home sellers
Preparing to sell in Montana
- Selling a House in Montana: 8 Simple Steps
- How Long Does It Take to Sell a House in Montana?
- When Is the Best Time to Sell a House in Montana?
- Top Real Estate Agents in Montana
Montana home selling costs and requirements
Moving to Montana
According to our recent moving trends survey[15], 9% of Americans indicated that they would choose to move to Montana if money were no object.
Here's how Montana cities rank in a number of our research studies.
| Study | Best Montana city | Rank |
| Best Pizza Cities[16] | No ranking Montana cities | No ranking Montana cities |
| Best Coffee Cities[17] | No ranking Montana cities | No ranking Montana cities |
| Best LGBTQ Cities[18] | No ranking Montana cities | No ranking Montana cities |
| Best Bike Cities[19] | No ranking Montana cities | No ranking Montana cities |
| Best Commuter Cities[20] | No ranking Montana cities | No ranking Montana cities |
Where to shop for homes in Montana
Frequently asked questions
As of October 17, 2025, the median days on market (DOM) in Montana is 102. On average, it takes about 99 days to sell in Montana.
Home values have risen in Montana over the past year. The current median home value is $464,163 and it's projected to rise by 2.47% in the next year.
As of October 17, 2025, sellers in Montana are typically getting 97.72% of the list price for their homes.
Methodology
Information on market conditions is based on Zillow data as of September 2025, Realtor.com data as of September 2025, and HouseCanary data as of October 17, 2025, unless specified otherwise.
We gathered our commission rate data from a September 2025 survey of 828 of agents nationwide. The survey asked about standard local rates for both listing and buying agents. To ensure an adequate amount of agent data, these data points are averages based on responses we've received from 42 agents in the Rocky Mountains region.