Zillow Montana: Home Prices and Rental Data

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Inman Connect New York | January 29 - February 1, 2019

Montana residential real estate highlights, home prices, and rental data from Zillow:

Montana median listing prices and median price-per-square-foot for all home types:

  • All homes: $285,000 at $164/SF.
  • Single-family residential homes: $289,900 at $163/SF
  • Condos: $239,000 at $174/SF
  • Duplex and Triplex units: $275,000 at $136/SF
  • 1-Bedroom homes: $156,750 at $206/SF
  • 2-Bedroom homes: $200,000 at $170/SF
  • 3-Bedroom homes: $279,500 at $161/SF
  • 4-Bedroom homes: $373,250 at $164/SF
  • 5+ Bedroom homes: $479,000 at $164/SF

Montana median rental prices and median rental price-per-square-foot:

  • All homes: $1,000 at $0.90/SF
  • Single-family residential: $1,095 at $0.88/SF
  • Condos: currently undisclosed at $0.93/SF
  • Duplex and Triplex units: $725 at $0.93/SF
  • Multi-family residential: $750 at $0.95/SF
  • 1-Bedroom homes: $650 at $1.12/SF
  • 2-Bedroom homes: $798 at $0.91/SF
  • 3-Bedroom homes: $1,100 at $0.84/SF
  • 4-Bedroom homes: $1,200

Montana homes sold for a gain or loss:

  • 88.0% of all homes sold above the previous home price
  • 12.0% of all homes sold below the previous home price
  • 5.4% of all listings had a price reduction this month with a median price cut of 4.0% (approximately $10,000)
  • 5.4% of all single-family residential home listings had a price reduction this month with a median price cut of 4.0% (approximately $10,000)
  • 4.6% of all condo listings had a price reduction this month with a median price cut of 4.4% (approximately $9,000)

The ZHVI (Zillow Home Value Index) rose by 4.5% over the past year, to $186,300.

Note: If any of the data is currently undisclosed, that is because the local jurisdictions currently do not share that data.

Discover more Montana real estate news here or check out additional Zillow data.