Is now a good time to buy a home in Montana?
The typical home value in Montana is $472K as of Aug 2026 (Zillow Home Value Index), up 2.1% from a year earlier. Over five years prices have compounded at +4.1% a year. Prices are 14.0% below their 10-year trend line.
Montana price trend & forecast
Cities in Montana ranked by buy-timing score
| City | Typical value | 1Y change | 5Y CAGR | 12M outlook | Signal | Buy-timing |
|---|---|---|---|---|---|---|
| Belgrade | $554K | -0.0% | +1.8% | +0.2% | ACCUMULATE | 72/100 |
| Kalispell | $565K | +2.1% | +3.4% | +0.9% | ACCUMULATE | 71/100 |
| Billings | $401K | +2.4% | +4.8% | +1.4% | ACCUMULATE | 60/100 |
| Missoula | $570K | +1.2% | +3.7% | -0.0% | WAIT | 60/100 |
| Bozeman | $728K | +1.0% | +1.8% | -0.5% | WAIT | 60/100 |
| Helena | $482K | +2.9% | +4.9% | +0.3% | ACCUMULATE | 59/100 |
| Butte | $289K | +2.7% | +6.2% | -0.8% | WAIT | 55/100 |
| Great Falls | $341K | +2.6% | +7.1% | -0.3% | WAIT | 48/100 |
Frequently asked questions
Is now a good time to buy a home in Montana?
As of Aug 2026, our buy-timing signal for Montana is WAIT — the model projects prices about -3.0% lower around Feb 2027. Patience is likely to be rewarded; use the time to negotiate and arrange financing. Buy-timing score: 60/100.
Will home prices in Montana go down in 2027?
The model projects +0.1% over the next 12 months: about $473K by Aug 2027, with an 80% range of $460K–$486K (today $472K). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the average home price in Montana?
The typical (mid-tier) home value in Montana is $472K as of Aug 2026, +2.1% year over year.
What is the cheapest time of year to buy in Montana?
Historically, prices in Montana run lowest in February, about 1.8% below the annual average, and highest in August.
Which areas in Montana have the best buy-timing right now?
Highest buy-timing scores: Belgrade (72/100, ACCUMULATE), Kalispell (71/100, ACCUMULATE) and Billings (60/100, ACCUMULATE). Fastest-rising prices: Helena (+2.9%), Butte (+2.7%) and Great Falls (+2.6%).
Other states
Source & method
Data: Zillow Home Value Index (ZHVI) — all homes, mid-tier, raw monthly, monthly, latest Aug 2026. Page regenerated 2026-10-08 22:04 PDT. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.