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 | $448,238[1] | #11 of 50 states | 26.6% higher |
| Median Listing Price | $625,000[2] | #6 of 50 states | 42.9% higher |
| Median Sale Price | $512,200[3] | #6 of 50 states | 31.4% higher |
| 30 Year Mortgage Rate | 7.05%[4] | #42 of 50 states | 1.1% higher |
| Median Days on Market | 74[5] | #50 of 50 states | 48.2% 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 9.1, meaning it takes 9.1 years of the median household income ($56,539) to afford Montana's median home sale price ($512,200). 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 | $512,200[6] | #6 of 50 states | 31.4% 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 | 9.1 | #48 of 50 states | 51.5% higher |
| Buyers Agent Commission | 2.50%[9] | #11 of 50 states | 6.6% 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 3%, which is the 14th highest in the United States. Buyers' agents charge an average commission of 2.5%, which is the 11th lowest in the United States.
| Data Point | Value | Rank | Compared to National Avg |
| Median Listing Price | $625,000[10] | #6 of 50 states | 42.9% higher |
| Median Sale Price | $512,200[11] | #6 of 50 states | 31.4% higher |
| Median Days on Market | 74[12] | #50 of 50 states | 48.2% longer |
| Buyer's Agent Commission | 2.50%[13] | #11 of 50 states | 6.6% lower |
| Listing Agent Commission | 3.00%[14] | #37 of 50 states | 5% higher |
Resources for Montana home sellers
Preparing to sell 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 |