Missoula, MT metro area Housing Market
Cold MarketComprehensive housing market data for the Missoula, MT metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$527K
↓ 8.9% YoY
Days on Market
109 days
↑ 16.0% YoY
Active Inventory
404
↑ 14.1% YoY
Homes Sold
56
↓ 12.5% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Missoula, MT metro area Market Summary
The Missoula, MT metro area housing market is cooling down. As of January 2026, the median home sale price is $527K, down 8.9% year-over-year. Homes are spending a median of 109 days on the market, 16.0% longer than a year ago.
There are 404 homes for sale — 14.1% more than last year. With 7.2 months of supply, this is a buyer's market. 107 new listings were added during this period, up 42.7% year-over-year.
0.0% of homes sell above their asking price. 13.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
77
Contributing Factors
How This Market Compares
vs. National Median
vs. Montana Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price.
Missoula, MT metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Not enough data for Sale-to-List Ratio trend
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$556K
Price per Sq Ft
$307
Sale-to-List Ratio
N/A
Months of Supply
7.2
Sold Above List
0.0%
Price Drops
13.6%
New Listings
107
↑ 42.7% YoY
Pending Sales
115
Off Market in 2 Weeks
30.4%
Other Markets in Montana
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$410K · 100d on market
Bozeman, MT metro area
$699K · 104d on market
Kalispell, MT metro area
$675K · 114d on market
Great Falls, MT metro area
$349K · 88d on market
Helena, MT metro area
$465K · 96d on market
Butte, MT metro area
$307K · 62d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.