Metropolitan market · Montana · June 2026 data

Missoula Real Estate Market

As of June 2026, the median home listed in Missoula, MT asks $737,500 — up 9.3% year over year. Homes sell in a median of 54 days, with 499 active listings and 18% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$737,500
▲ 9.3% YoY
Median $ / sq ft
$353
2,163 sq ft median
Median days on market
54
June 2026
Active listings
499
For sale now
New listings
194
June 2026
Listings with price cuts
18%
Share of active
Median sale price (closed)
$559,000
▼ 1.1% YoY · closed sales
Sale-to-list ratio
0.0%
Closed sales
Homes sold / month
143
Closed sales

Missoula housing market statistics

The table summarizes Missoula's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Missoula, MT housing market at a glance — June 2026
MetricLatestDetail
Median listing price$737,500+9.3% YoY
Median price per sq ft$3532,163 sq ft median
Median days on market54+25% YoY
Active listings499+2% YoY
New listings this month194June 2026
Listings with a price cut18%Share of active
Median sale price (closed)$559,000-1.1% YoY
Gross rental yield2.7%2BR fair market rent

How have home prices changed in Missoula?

Missoula home prices are up 9.3% year over year and +0.1% month over month as of June 2026, at a $737,500 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$738K$716K$694K$672K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Missoula MT · trailing 8 quarters · source: public records and industry data.

The 10-year view
$754K$655K$557K$458K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Missoula MT · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Missoula?

Missoula has 499 active listings, 194 new this month, 190 pending as of June 2026. About 18% of active listings have cut their price, and inventory sits at 94% of its 2019 level — a balanced market by pace.

Active listings
499
New this month
194
Pending
190
Price-reduced
88

Is Missoula a good real estate investment?

Missoula scores 32/100 on WealthyBud's composite Investor Score, ranking #795 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
32/100
#795 of 932 covered metros
12-month outlook
-1.9%
Flat · model output, not advice
Price volatility
High
σ 7.4% · 20-yr price-index swings
Momentum
45
Value
28
Rental yield
12
Supply risk
59
Market heat
31

Missoula scores 32/100 on our composite Investor Score (#795 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 62% over five years and +126% over ten, leaving prices 53% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,644/mo for a two-bedroom, the gross rental yield on the median listing is about 2.7%; active inventory sits at 94% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 9.3% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Missoula ranks on the trending markets index.

How much is a monthly mortgage payment in Missoula?

A home at Missoula's $737,500 median listing runs about $3,702 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$3,324/mo
−$378/mo vs today
At today's rate · 6.43%
$3,702/mo
National weekly average
If rates rise 1% · 7.43%
$4,097/mo
+$395/mo vs today

Principal & interest on the $737,500 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Missoula housing market?

Longer-run demand in Missoula shows up in 889 homes permitted in 2025; net migration of +500 residents; -1.0% job growth. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
889
▲ 14.4% vs 2024
7.1 per 1,000 residents
Net migration (2022–2023)
+500
▲ people, via tax-return records
net income flow +$44.4M/yr
Job growth (YoY)
-1.0%
▼ 70.4k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Missoula housing market FAQ

What is the median home price in Missoula?
As of June 2026, the median listing price in Missoula, MT is $737,500, up 9.3% year over year (source: public records and industry data). Figures cover the Missoula, MT metro area.
How much does it cost to buy a home in Missoula?
The median home listed in Missoula asks $737,500 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $3,702 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Missoula?
The median property in Missoula spends 54 days on the market, with 499 homes actively listed and 18% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Missoula?
With a median 54 days on market and 18% of active listings carrying a price cut, Missoula reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Missoula a good place to invest in real estate?
Missoula scores 32/100 on WealthyBud's Investor Score, ranking #795 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Missoula?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Missoula and the wider Montana market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Missoula, MT metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Montana housing markets

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.