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Sarah Mitchell

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Compass Real Estate · Missoula, MT

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Missoula, MT(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Missoula, MT Housing Market & Real Estate

Balanced market+0.4% YoY

Housing market overview · Updated monthly ·

$527,000median sale price

How is the Missoula, MT housing market right now?

The median home sale price in Missoula, MT is $527,000, up 0.4% year-over-year. Homes sell in an average of 57 days with 333 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.)

Is Missoula a buyer's or seller's market?

Balanced market3.4 months of supply57 avg. days on market

Missoula, MT is currently a balanced market, based on 3.4 months of supply and homes selling in about 57 days. How we determine this →

Homes sold

98

Last 12 weeks

Days on market

57

Average pace

Active listings

333

3.4 months supply

Sale-to-list

Below asking

What does the Missoula housing market data show?

Current housing market statistics for Missoula, MT
MetricValue
Median sale price$527,000
Median list price$640,000
Year-over-year price change+0.4%
Average days on market57 days
Active inventory333 listings
Months of supply3.4 months
Median price per sq ft$320/sq ft
Homes sold (latest month)98
New listings (latest month)103
Listings with a price cut23.7%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Missoula by property type?

How the Missoula, MT market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Missoula, MT
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$569,000$330/sq ft6950 days
Condo / Co-op$384,500$315/sq ft14136 days
Townhouse$474,500$300/sq ft1485 days

Source: Redfin · Updated monthly

The Missoula housing market is currently classified as a balanced market with a median sale price of $527,000. Prices have risen 0.4% compared to last year, with homes spending an average of 57 days on market, indicating 3.4 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 8.8x provides context for how home values compare to local earning capacity.

Homes for sale in Missoula

There are currently 333 homes listed for sale in Missoula, Montana. The median listing price is $640K. Featured listings range from $249,000 to $8,999,995.

land for sale at 7130 Buckhorn Ln Missoula - $249,000
$249,000

7130 Buckhorn Ln

Missoula, MT

Land27,878 sqft lot
View photos & details
3 bedroom house for sale at 907 Defoe St Missoula - $469,000
$469,000

907 Defoe St

Missoula, MT

3 bd2 ba1,200 sqft$391/ft²
House3,920 sqft lot
View photos & details
3 bedroom house for sale at 1802 S 12th St W Missoula - $500,000
$500,000

1802 S 12th St W

Missoula, MT

3 bd2 ba2,372 sqft$211/ft²
House4,008 sqft lot
View photos & details
3 bedroom house for sale at 6200 Linda Vista Blvd Missoula - $575,000
$575,000

6200 Linda Vista Blvd

Missoula, MT

3 bd3 ba1,924 sqft$299/ft²
House24,655 sqft lot
View photos & details
4 bedroom house for sale at 405 W Central Ave Missoula - $589,000
$589,000

405 W Central Ave

Missoula, MT

4 bd2 ba1,558 sqft$378/ft²
House7,187 sqft lot
View photos & details
3 bedroom townhouse for sale at 4045 Valley View Ct Unit A Missoula - $589,900
$589,900

4045 Valley View Ct Unit A

Missoula, MT

3 bd2 ba1,666 sqft$354/ft²
Townhouse1,655 sqft lot
View photos & details
5 bedroom house for sale at 2309 Cloverdale Dr Missoula - $715,000
$715,000

2309 Cloverdale Dr

Missoula, MT

5 bd4 ba2,856 sqft$250/ft²
House13,983 sqft lot
View photos & details
4 bedroom house for sale at 6971 Shaver Dr Missoula - $739,000
$739,000

6971 Shaver Dr

Missoula, MT

4 bd2 ba3,344 sqft$221/ft²
House13,024 sqft lot
View photos & details
4 bedroom house for sale at 7830 Parker Lee Ct Missoula - $805,000
$805,000

7830 Parker Lee Ct

Missoula, MT

4 bd3 ba2,293 sqft$351/ft²
House8,712 sqft lot
View photos & details
multi-family for sale at 2750 Riata Rd Unit A Missoula - $1,380,000
$1,380,000

2750 Riata Rd Unit A

Missoula, MT

Multi-family10,672 sqft lot
View photos & details
4 bedroom house for sale at 7229 Russian Joe Rd Missoula - $2,700,000
$2,700,000

7229 Russian Joe Rd

Missoula, MT

4 bd3 ba4,608 sqft$586/ft²
House4.51 acres
View photos & details
5 bedroom house for sale at 2722 Contour Rd Missoula - $8,999,995
$8,999,995

2722 Contour Rd

Missoula, MT

5 bd7 ba9,065 sqft$993/ft²
House10.53 acres
View photos & details

Looking to buy in Missoula?

Get connected with a local real estate expert — free, no obligation.

Active listings

333

Homes on market

Median list price

$640K

Avg. days on market

57

Days until sale

New this week

103

Newly listed

Price drops:23.7%of listings

Who lives in Missoula?

Population

75,600

Median income

$65,329/yr

Median age

34.3 years

Owner-occupied

47.8%

College grads

51.7%

Avg commute

16.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Missoula?

Zillow home value

$576,303

Zillow rent index

$1,550/mo

Price-to-rent ratio

31.0x

Price-to-income

8.8x

Source: Zillow Research

What is it like to live in Missoula?

Missoula is a community of approximately 76K residents with a median age of 34.3 years.The median household income is $65,329, which represents a working-class community with solid middle-income opportunities. 51.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 47.8%, showing a blend of owner and renter-occupied properties. The average commute time is 16.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Missoula offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Missoula?

23 schools tracked · 11,235 students

The largest public schools serving Missoula, 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.

Sentinel High School

Grades 9-12 · 1,386 students

Charter

Hellgate High School

Grades 9-12 · 1,312 students

Charter

Big Sky High School

Grades 9-12 · 1,227 students

Charter

Washington Middle School

Grades 6-8 · 682 students

Charter

Porter Middle School

Grades 6-8 · 590 students

Charter

Hellgate El Intermediate

Grades 4-6 · 525 students

Charter

Jeannette Rankin El

Grades PK-5 · 463 students

Charter

Lewis & Clark School

Grades PK-5 · 423 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Missoula, MT?

Want a head-to-head view? Compare Missoula side-by-side with any other U.S. city using our market-comparison tool.

Is Missoula a good real estate investment market?

For investors evaluating Missoula, the price-to-rent ratio of 31.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 0.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Missoula's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Missoula's median home price.

Frequently asked questions

What is the average home price in Missoula?

The median home sale price in Missoula is $527,000, up 0.4% from last year.

How long do homes stay on market in Missoula?

Homes typically spend 57 days on market before going under contract.

What is the median income in Missoula?

The median household income is $65,329 per year.

Is Missoula a buyer's or seller's market?

With 3.4 months of supply, Missoula is currently a balanced market.

How many homes are for sale in Missoula?

There are currently 333 homes listed for sale in Missoula, MT.

What is the Zillow home value estimate for Missoula?

The Zillow Home Value Index (ZHVI) for Missoula is $576,303, representing the typical home value in the area.

What is the median condo price in Missoula?

The median condo/co-op sale price in Missoula, MT is $384,500, compared to $569,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Missoula?

The median single-family home price in Missoula, MT is $569,000 (about $330 per square foot).

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