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: January 2026

Median Sale Price

$675K

0.0% YoY

Days on Market

114 days

24.5% YoY

Active Inventory

683

0.3% YoY

Homes Sold

78

1.3% 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 January 2026, the median home sale price is $675K, down 0.0% year-over-year. Homes are spending a median of 114 days on the market, 24.5% shorter than a year ago.

There are 683 homes for sale — 0.3% fewer than last year. With 8.8 months of supply, this is a buyer's market. 124 new listings were added during this period, down 6.1% year-over-year.

Homes are selling for 78.6% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 18.3% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

88

Contributing Factors

Months of Supply 8.8
Days on Market 114
Price Drops 18.3%
Sale-to-List Ratio 78.6%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 59.5%
Days on Market (National: 66) 72.7%
Inventory (National: 1,210,379) 99.9%

vs. Montana Median

Median Price (Montana: $525K) 28.5%
Days on Market (Montana: 110) 3.6%

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 59% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

Kalispell, MT metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$642K

Price per Sq Ft

$363

Sale-to-List Ratio

78.6%

Months of Supply

8.8

Sold Above List

0.0%

Price Drops

18.3%

New Listings

124

6.1% YoY

Pending Sales

132

Off Market in 2 Weeks

16.7%

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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.