The typical home listed in Montana is priced at $647,000, roughly flat compared with a year ago. Homes are spending a median of 62 days on the market, indicating a slower market that favors buyers. Against a median household income of $72,509, the price-to-income ratio is about 8.9, a severely unaffordable level for local buyers.
| Metric | Value |
|---|---|
| Median Listing Price | $647,000 |
| YoY Price Change | 0.0% |
| Median Days on Market | 62 days |
| Active Listings | 5,970 |
| Median Household Income | $72,509 |
| Homeownership Rate | 69.2% |
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