I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Montana
💡 Key Montana housing market facts
| Data Point | Value | Rank | Compared to National Avg |
| Typical Home Value | $468,195[1] | #12 of 50 states | 27.1% higher |
| Median Listing Price | $649,900[2] | #5 of 50 states | 46.5% higher |
| Median Sale Price | $548,900[3] | #8 of 50 states | 29.9% higher |
| 30 Year Mortgage Rate | 7.05%[4] | #42 of 50 states | 1.1% higher |
| Median Days on Market | 74[5] | #47 of 50 states | 37.4% 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 9.7, meaning it takes 9.7 years of the median household income ($56,539) to afford Montana's median home sale price ($548,900). 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 | $548,900[6] | #8 of 50 states | 29.9% higher |
| 30 Year Mortgage Rate | 7.05%[7] | #42 of 50 states | 1.1% higher |
| Median Household Income | $56,539[8] | #40 of 50 states | 12.4% lower |
| Affordability Ratio | 9.7 | #48 of 50 states | 50.6% higher |
| Buyers Agent Commission | 2.30%[9] | #3 of 50 states | 9.4% lower |
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 2.38%, which is the 2nd lowest in the United States. Buyers' agents charge an average commission of 2.3%, which is the 3rd lowest in the United States.
| Data Point | Value | Rank | Compared to National Avg |
| Median Listing Price | $649,900[10] | #5 of 50 states | 46.5% higher |
| Median Sale Price | $548,900[11] | #8 of 50 states | 29.9% higher |
| Median Days on Market | 74[12] | #47 of 50 states | 37.4% longer |
| Buyer's Agent Commission | 2.30%[13] | #3 of 50 states | 9.4% lower |
| Listing Agent Commission | 2.38%[14] | #2 of 50 states | 12.6% lower |
Resources for Montana home sellers
Preparing to sell in Montana
- 8 Steps to Selling a House in Montana
- Average Time 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 |