
416 21st St SW
Great Falls, MT 59404
Jason Westmoreland · RE/MAX of Great Falls
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Compass Real Estate · Great Falls, MT
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Housing market overview · Updated monthly ·
$330,000median sale price
The median home sale price in Great Falls, MT is $330,000, down 2.9% year-over-year. Homes sell in an average of 48 days with 195 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Great Falls, MT is currently a balanced market, based on 3.0 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
65
Last 12 weeks
Days on market
48
Average pace
Active listings
195
3.0 months supply
Sale-to-list
—
Below asking
| Metric | Value |
|---|---|
| Median sale price | $330,000 |
| Median list price | $369,000 |
| Year-over-year price change | -2.9% |
| Average days on market | 48 days |
| Active inventory | 195 listings |
| Months of supply | 3.0 months |
| Median price per sq ft | $185/sq ft |
| Homes sold (latest month) | 65 |
| New listings (latest month) | 85 |
| Listings with a price cut | 22.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How the Great Falls, MT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $329,000 | $184/sq ft | 57 | 49 days |
| Condo / Co-op | $370,000 | $199/sq ft | 6 | 41 days |
| Townhouse | $283,000 | $129/sq ft | 4 | 156 days |
Source: Redfin · Updated monthly
The Great Falls housing market is currently classified as a balanced market with a median sale price of $330,000. Prices have fallen 2.9% compared to last year, with homes spending an average of 48 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
There are currently 195 homes listed for sale in Great Falls, Montana. The median listing price is $369K. Featured listings range from $159,000 to $840,000.

Great Falls, MT 59404
Jason Westmoreland · RE/MAX of Great Falls

Great Falls, MT 59401
Ashley Friesen · Threshold Real Estate, Inc

Great Falls, MT 59405
Danette Sukut · Coldwell Banker The Falls

Great Falls, MT 59404
Danette Sukut · Coldwell Banker The Falls

Great Falls, MT 59405
Jody Jakes · RE/MAX of Great Falls

Great Falls, MT 59401
Paula Brandon Fry · Dahlquist Realtors

Great Falls, MT 59404
Bob Sechena · Abode Realty

Great Falls, MT 59404
Sharon Virgin · Dustin Young and Company

Great Falls, MT 59405
Gena Gremaux · Ridgeline Real Estate

Great Falls, MT 59404
Paula Brandon Fry · Dahlquist Realtors

Great Falls, MT 59404
Marie Willson · HomeSmart Realty Partners

Great Falls, MT 59404
Lynn Kenyon · Live in Montana Real Estate
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Active listings
195
Homes on market
Median list price
$369K
Avg. days on market
48
Days until sale
New this week
85
Newly listed
Population
60,412
Median income
$63,934/yr
Median age
39.3 years
Owner-occupied
68.4%
College grads
28.3%
Avg commute
14.7 min
Source: U.S. Census Bureau ACS
Zillow home value
$342,814
Zillow rent index
$1,367/mo
Price-to-rent ratio
20.9x
Price-to-income
5.4x
Source: Zillow Research
Great Falls is a community of approximately 60K residents with a median age of 39.3 years.The median household income is $63,934, which represents a working-class community with solid middle-income opportunities. 28.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 14.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Great Falls offers a balanced lifestyle with accessible home values relative to local income levels.
22 schools tracked · 10,018 students
The largest public schools serving Great Falls, MT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Great Falls High School
Grades 9-12 · 1,612 students
C M Russell High School
Grades 9-12 · 1,452 students
East Middle School
Grades 7-8 · 773 students
North Middle School
Grades 7-8 · 720 students
Meadow Lark School
Grades PK-6 · 531 students
West Elementary
Grades PK-6 · 463 students
Riverview School
Grades PK-6 · 449 students
Giant Springs Elementary
Grades PK-6 · 439 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Great Falls side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Great Falls, the price-to-rent ratio of 20.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 2.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Great Falls's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Great Falls's median home price.
The median home sale price in Great Falls is $330,000, down 2.9% from last year.
Homes typically spend 48 days on market before going under contract.
The median household income is $63,934 per year.
With 3.0 months of supply, Great Falls is currently a balanced market.
There are currently 195 homes listed for sale in Great Falls, MT.
The Zillow Home Value Index (ZHVI) for Great Falls is $342,814, representing the typical home value in the area.
The median condo/co-op sale price in Great Falls, MT is $370,000, compared to $329,000 for a single-family home, based on the latest Redfin data.
The median single-family home price in Great Falls, MT is $329,000 (about $184 per square foot).
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