Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Housing

The top line chart, titled “Missoula Urban Area Sales (by Unit Type),” tracks median sale prices from about 2006 to 2026 for single-family residences, townhouses, condominiums and manufactured homes on owned land. Prices rise gradually through the 2010s, then increase sharply after 2020. Single-family homes climb from roughly $220,000 in the mid-2000s to nearly $600,000 around 2024, dipping slightly in 2026. Townhouses rise to about $500,000 at their peak. Condominiums and manufactured homes also increase, reaching the mid-$300,000 range before declining slightly in 2026. The bottom chart, titled “Missoula Urban Area Median Price & Total Sales,” combines blue bars for median price and an orange line for units sold. Median prices steadily increase from about $200,000 in the mid-2000s to more than $550,000 by 2024, with a slight decline in 2026. The number of homes sold declines around 2009 to 2011, rebounds to a peak around 2020, then trends downward, with a sharp drop shown for 2026. The source is Montana Regional MLS.
Missoula Organization of Realtors
Missoula’s white-hot housing market continued to cool in 2025. That’s according to a new report from local realtors. Housing affordability also improved, though it remains out of reach for many.