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Montana, MT

Montana

StateThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.MontanaSeller's market
Market temperatureA 0 to 100 score comparing this area with every similar area nationwide each month. 0 is the strongest buyer's market, 100 the strongest seller's market.Seller's market · 65
Buyer's marketBalancedSeller's market
$437K
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.
+117.0%
1-yr changeHow much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.
3,455
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$496K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2026Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Market temperature (0–100)How the 0 to 100 market score moved over time. It blends price growth, sales pace, how often homes change hands, and seller profits.Temperature
20162018201920202022202320252026
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
20162018201920202022202320252026
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
20162018201920202022202320252026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
20162018201920202022202320252026
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
20162018201920202022202320252026
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
20162018201920202022202320252026
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
20162018201920202022202320252026
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
20162018201920202022202320252026
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
20162018201920202022202320252026
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
20162018201920202022202320252026
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
20162018201920202022202320252026

Housing Stock

HomesHow many homes we have records for in this area.478,735
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$496K
Median sizeThe middle home size here, measured in square feet.1,388 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.1981
Single familyThe share of homes here that are single-family houses.37%
CondosThe share of homes here that are condos.5.2%

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.70%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.2%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.67%
Company ownedThe share of homes owned by a company or trust instead of a person.17%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.33%
Typical ownership tenureHow long the typical owner here has held their home.11.4 yrs

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 states nationally.

About the Montana market

What is the median home price in Montana, MT?

The median sale price in Montana, MT is $437,208 (data through July 2026), based on deeds recorded with the county. That is up 117.0% from a year earlier.

How many homes sell in Montana, MT each year?

3,455 homes sold in Montana, 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.

Is Montana, MT a buyer's or seller's market?

Montana, MT is currently a seller's market, scoring 65 out of 100 on TopHap's market temperature index (data through July 2026). The score weighs sales velocity and price direction; above 60 favours sellers, below 40 favours buyers.

How many homes are there in Montana, MT?

Montana, MT contains 478,735 residential properties, with a median of 1,388 square feet, 3 bedrooms, built around 1981. The median TopHap Estimate is $496K.

Do people own or rent in Montana, MT?

67% of homes in Montana, MT are owner-occupied. 17% are held by a company rather than an individual.

How much equity do owners in Montana, MT hold?

70% of mortgaged homes in Montana, MT are equity-rich, meaning the loan balance is under half the home's value. 1.2% owe more than the home is worth.

Browse addresses

Every street and address TopHap holds is browsable by state, county and city. Browse Montana property records.

Explore Montana on the map

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

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