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Featured local agent — Three Forks, MT
Sarah Mitchell
Compass Real Estate · Three Forks, MT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Three Forks, MT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$529,950median sale price
How is the Three Forks, MT housing market right now?
The median home sale price in Three Forks, MT is $529,950, up 17.8% year-over-year. Homes sell in an average of 44 days with 7 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 Three Forks a buyer's or seller's market?
Three Forks, MT is currently a balanced market, based on 3.5 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
44
Average pace
Active listings
7
3.5 months supply
Sale-to-list
—
Below asking
What does the Three Forks housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $529,950 |
| Median list price | $544,500 |
| Year-over-year price change | +17.8% |
| Average days on market | 44 days |
| Active inventory | 7 listings |
| Months of supply | 3.5 months |
| Median price per sq ft | $294/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 4 |
| Listings with a price cut | 42.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Three Forks by property type?
How the Three Forks, 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 | $439,900 | $368/sq ft | 1 | 70 days |
| Townhouse | $438,000 | $313/sq ft | 1 | 182 days |
Source: Redfin · Updated monthly
The Three Forks housing market is currently classified as a balanced market with a median sale price of $529,950. Prices have risen 17.8% compared to last year, with homes spending an average of 44 days on market, indicating 3.5 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 7.0x provides context for how home values compare to local earning capacity.
Homes for sale in Three Forks
There are currently 7 homes listed for sale in Three Forks, Montana. The median listing price is $545K.
Active listings
7
Homes on market
Median list price
$545K
Avg. days on market
44
Days until sale
New this week
4
Newly listed
Who lives in Three Forks?
Population
2,034
Median income
$80,394/yr
Median age
42.6 years
Owner-occupied
75.1%
College grads
21.3%
Avg commute
21.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Three Forks?
Zillow home value
$562,965
Price-to-income
7.0x
Source: Zillow Research
What is it like to live in Three Forks?
Three Forks is a community of approximately 2K residents with a median age of 42.6 years.The median household income is $80,394, which reflects a relatively affluent area with strong earning potential. 21.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Three Forks offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Three Forks?
3 schools tracked · 800 students
The largest public schools serving Three Forks, 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.
Three Forks Elem School
Grades PK-5 · 370 students
Three Forks High School
Grades 9-12 · 255 students
Three Forks 7-8
Grades 6-8 · 175 students
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 Three Forks, MT?
Want a head-to-head view? Compare Three Forks side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Three Forks?
The median home sale price in Three Forks is $529,950, up 17.8% from last year.
How long do homes stay on market in Three Forks?
Homes typically spend 44 days on market before going under contract.
What is the median income in Three Forks?
The median household income is $80,394 per year.
Is Three Forks a buyer's or seller's market?
With 3.5 months of supply, Three Forks is currently a balanced market.
What is the Zillow home value estimate for Three Forks?
The Zillow Home Value Index (ZHVI) for Three Forks is $562,965, representing the typical home value in the area.
How much does a single-family home cost in Three Forks?
The median single-family home price in Three Forks, MT is $439,900 (about $368 per square foot).
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