Missoula, MT metro area Housing Market
Cold MarketComprehensive housing market data for the Missoula, 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
$575K
↓ 4.0% YoY
Days on Market
78 days
↓ 17.9% YoY
Active Inventory
476
↑ 23.0% YoY
Homes Sold
91
↑ 16.7% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Missoula, MT metro area Market Summary
The Missoula, MT metro area housing market is cooling down. As of March 2026, the median home sale price is $575K, down 4.0% year-over-year. Homes are spending a median of 78 days on the market, 17.9% shorter than a year ago.
There are 476 homes for sale — 23.0% more than last year. With 5.2 months of supply, this is a balanced market. 159 new listings were added during this period, up 16.1% year-over-year.
0.0% of homes sell above their asking price. 19.8% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. Montana Median
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 32% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Missoula, MT metro area Market Trends
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Detailed Market Metrics
Median List Price
$619K
Price per Sq Ft
$322
Sale-to-List Ratio
N/A
Months of Supply
5.2
Sold Above List
0.0%
Price Drops
19.8%
New Listings
159
↑ 16.1% YoY
Pending Sales
129
Off Market in 2 Weeks
38.8%
Other Markets in Montana
Billings, MT metro area
$397K · 108d on market
Bozeman, MT metro area
$662K · 98d on market
Kalispell, MT metro area
$592K · 136d on market
Helena, MT metro area
$430K · 87d on market
Great Falls, MT metro area
$349K · 88d on market
Butte, MT metro area
$300K · 108d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.