Kalispell, MT metro area Housing Market

Cold Market

Comprehensive housing market data for the Kalispell, MT metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$592K

19.1% YoY

Days on Market

136 days

13.4% YoY

Active Inventory

774

3.1% YoY

Homes Sold

130

52.9% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Kalispell, MT metro area Market Summary

The Kalispell, MT metro area housing market is cooling down. As of March 2026, the median home sale price is $592K, down 19.1% year-over-year. Homes are spending a median of 136 days on the market, 13.4% shorter than a year ago.

There are 774 homes for sale — 3.1% more than last year. With 6.0 months of supply, this is a balanced market. 209 new listings were added during this period, up 8.9% year-over-year.

0.0% of homes sell above their asking price. 15.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 6.0
Days on Market 136
Price Drops 15.4%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 35.7%
Days on Market (National: 55) 147.3%
Inventory (National: 1,314,690) 99.9%

vs. Montana Median

Median Price (Montana: $505K) 17.3%
Days on Market (Montana: 115) 18.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 36% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

Kalispell, MT metro area Market Trends

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Detailed Market Metrics

Median List Price

$649K

Price per Sq Ft

$354

Sale-to-List Ratio

N/A

Months of Supply

6.0

Sold Above List

0.0%

Price Drops

15.4%

New Listings

209

8.9% YoY

Pending Sales

165

Off Market in 2 Weeks

29.1%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.