Montana · Home Values · 2024
Montana home prices 2024 — median, average and county breakdown
According to the US Census Bureau's American Community Survey 5-Year Estimates (2020–2024), the median home value in Montana is $375,800. Across the 56 counties measured, home values range from $98,600 in Wibaux, MT to $667,600 in Gallatin, MT.
Montana median home value, 2024
Most expensive counties in Montana
| County | Median home value |
|---|---|
| Gallatin, MT | $667,600 |
| Flathead, MT | $535,500 |
| Ravalli, MT | $476,600 |
| Missoula, MT | $472,100 |
| Madison, MT | $470,100 |
Most affordable counties in Montana
| County | Median home value |
|---|---|
| Wibaux, MT | $98,600 |
| Roosevelt, MT | $118,800 |
| Sheridan, MT | $124,000 |
| Big Horn, MT | $143,400 |
| Blaine, MT | $155,500 |
Average vs median home price — what's the difference?
The figure $375,800 is the median home value reported by the US Census Bureau — the middle value when every owner-occupied home in Montana is sorted by price. Median is the standard measure used in housing reporting because it is not skewed by a small number of very expensive properties. The "average" home price searched for online almost always refers to this median value; true arithmetic averages tend to be 10–30% higher than the median in markets with high-end outliers, but the Census does not publish that figure.
For Montana specifically, the Census also reports a median monthly rent of $1,081 and a price-to-income ratio of 5.2×. Both are sourced from the same 2020–2024 ACS 5-Year Estimates release.
Explore Montana on the map
The figures above are static snapshots. The full county-level breakdown — including rent burden, price-to-income ratio, owner cost burden, and population change — is available on the interactive map.
Open Montana on the USInsights map →Compare with other states
See the same home-price breakdown for any other US state, or compare Montana side-by-side with the national rankings: