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Carlton

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Montana
$691K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
4
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$757K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
201820192026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
201820192026
Sale premium vs estimated valueHow sale prices compare with our estimated values at the time of sale. Above the dashed line, homes sold for more than the models expected — a sign of competitive bidding. Below it, buyers paid under model value.Premium
201820192026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
201820192026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
201820192026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
201820192026

Housing Stock

HomesHow many homes we have records for in this area.306
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$757K
Median sizeThe middle home size here, measured in square feet.1,882 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1980
Single familyThe share of homes here that are single-family houses.83%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.76%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.68%
Company ownedThe share of homes owned by a company or trust instead of a person.13%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.30%
Typical ownership tenureHow long the typical owner here has held their home.20.3 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.101
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.110
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.86

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.818
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.128 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$69K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80K
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.17 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Carlton compares

By median home value, Carlton is the 7th most expensive of 31 neighborhoods in Missoula County, and its typical home is worth more than 69% of all homes in Missoula County.

Home values in Carlton

Share of homes at each estimated value.

Median
$482K$1.8M
neighborhoods in Missoula County ranked by median home value
#Missoula CountyMedian valueHomes
1University District$954K1,227
2Marshall Canyon$949K174
3Evaro$943K120
4Upper Rattlesnake$910K1,405
5Grant Creek$777K438
6Frenchtown$770K794
7Carlton$757K306
8Farviews / Pattee Canyon$683K1,192
9Turah$682K172
10Miller Creek$678K1,940
11Lower Rattlesnake$675K812
12Lewis & Clark$667K794
13Orchard Homes$662K1,714
14Riverfront$644K880
15Rose Park$637K1,743
16Wye$612K346
17Two Rivers$599K144
18Clinton$561K545
19Lolo$549K1,686
20Heart of Missoula$545K516
21Captain John Mullan$528K2,601
22Piltzville$521K149
23South 39th Street$500K914
24River Road$494K1,458

31 neighborhoods in Missoula County are ranked; the most valuable are listed here.

About the Carlton market

What is the median home price in Carlton, MT?

The median sale price in Carlton, MT is $691,465 (data through July 2026), based on deeds recorded with the county.

How many homes sell in Carlton, MT each year?

4 homes sold in Carlton, MT over the last 12 months (data through July 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Carlton, MT?

Carlton, MT contains 306 residential properties, with a median of 1,882 square feet, 3 bedrooms, built around 1980. The median TopHap Estimate is $757K.

How does Carlton, MT compare to the rest of Missoula County?

By median home value, Carlton, MT is the 7th most expensive of 31 neighborhoods in Missoula County. Its typical home is worth more than 69% of all homes in Missoula County. Frenchtown ranks just above it and Farviews / Pattee Canyon just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Carlton, MT?

68% of homes in Carlton, MT are owner-occupied. 13% are held by a company rather than an individual.

How much equity do owners in Carlton, MT hold?

76% of mortgaged homes in Carlton, MT are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Nearby markets

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Explore Carlton on the map

See every recorded sale, price heat map, school zone and flood overlay across Carlton in TopHap’s interactive 3D map.

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