Discover Which Cities in Montana Feature the Priciest Real Estate

Is Buying a House in Montana Within Your Budget?

See What Cities Have The Most Expensive Homes In Montana

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Nick Northern

The American Dream has always involved home ownership, but it's becoming increasingly hard in places like Montana.

We've been named the most unaffordable place to live recently and it might not get any better if we keep seeing home prices like the ones you'll see below.

CONTINUE SCROLLING TO DISCOVER THE HIGHEST HOME VALUES IN MONTANA 👇

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What Is The Typical Price for Purchasing a Home in Montana?

It's no secret that places like Bozeman, Whitefish, and Big Sky have home values through the roof, but the average for homes across Montana right now sits at $468,195, up 2.8% from last year.

That is well above the average home value in America, which currently is $362,143, and is also up from last year by 2.5%.

Add in the 6.88% 30-year fixed mortgage rate (as of January 14th, 2025), and it's very expensive and almost impossible for first-time buyers to afford to purchase a home right now.

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Who is responsible for the soaring housing prices in Montana?

Many people tend to blame newcomers relocating to Montana for purchasing homes (often with cash) at prices exceeding the original listings.

Although that situation does occur, should we hold them accountable, or should the responsibility fall on the sellers instead?

To be honest, if presented with the opportunity to sell your home for a price that exceeds its actual value, would you really pass it up?

Once you realize the potential benefits of owning a home in any of these locations, I believe you'll find yourself contemplating the idea quite seriously.

These Cities Currently Feature The Priciest Homes In Montana

Stacker compiled a list of cities with the most expensive homes in Montana using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of November 2024. The charts in this story were created automatically using Matplotlib.

Gallery Credit: Stacker

CONTINUE EXPLORING: Unveiling The Top 8 Mountain Towns in Montana

The realty group Montana West Realty has come up with their list of the 8 best towns in Montana offering up a mountain view.

Gallery Credit: Nick Northern

CHECK IT OUT: Items That Have Become Too Costly for Montanans to Afford

Buzzfeed recently conducted a survey that asked folks what they're cutting back on in an effort to try and save money. Although not everything on that survey relates to Montanans, the ones that mainly do are listed below.

Gallery Credit: Mike Brant