| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $735,000 | +13.1% YoY |
| Median price per sq ft | $345 | 2,162 sq ft median |
| Median days on market | 75 | +9% YoY |
| Active listings | 523 | -8% YoY |
| New listings this month | 152 | September 2026 |
| Listings with a price cut | 17% | Share of active |
| Median sale price (closed) | $540,000 | -9.9% YoY · closed sales, July 2026 |
| Sale-to-list ratio | n/a | Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio |
| Pending-to-active ratio | 31.7% | 166 pending |
| Inventory vs 2019 | 101% | Active listings vs same month in 2019 |
| Gross rental yield | 2.7% | 2BR fair market rent |
Metropolitan market · Montana · September 2026 data
What is the Missoula, MT real estate market doing?
As of September 2026, the median home listed in Missoula, MT asks $735,000, up 13.1% year over year. Homes spend a median of 75 days on market, with 523 active listings and 17% carrying a price cut; pending contracts equal 32% of active listings, and inventory sits at 101% of the same month in 2019 — a buyer-leaning market. Estimated gross rental yield on the median listing is 2.7%. Figures come from public records and industry data, updated monthly.
Median listing price
$735,000
▲ 13.1% YoY
Median $ / sq ft
$345
2,162 sq ft median
Median days on market
75
September 2026
Active listings
523
For sale now
New listings
152
September 2026
Listings with price cuts
17%
Share of active
Inventory vs 2019
101%
Same month, 2019 = 100
Pending / active
32%
Contract activity
Median sale price (closed)
$540,000
▼ 9.9% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
153
Closed sales · July 2026, seasonally adjusted
What is the Missoula, MT housing market doing right now?
The Missoula, MT housing market lists at a $735,000 median as of September 2026, up 13.1% year over year, with a 75-day median market time and 523 homes for sale (17% with a price cut). Active inventory is 101% of the 2019 level, reading as a buyer-leaning market by days-on-market pace. Gross rental yield is about 2.7%.
Missoula housing market statistics
The table summarizes Missoula's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Missoula.
How have home prices changed in Missoula?
Missoula home prices are up 13.1% year over year and +1.4% month over month as of September 2026, at a $735,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Missoula MT · trailing 8 quarters · source: public records and industry data.
The 10-year view
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 523 active listings, 152 new this month, 166 pending as of September 2026. About 17% of active listings have cut their price, and inventory sits at 101% of its 2019 level — a buyer-leaning market by pace.
Is Missoula a good real estate investment?
Missoula scores 37/100 on WealthyBud's composite Investor Score, ranking #723 of 933 covered U.S. metros as of September 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
37/100
#723 of 933 covered metros
Price volatility
High
σ 7.4% · 20-yr price-index swings
Missoula scores 37/100 on our composite Investor Score (#723 of 933 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 101% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 13.1% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
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 $735,000 median listing runs about $4,023 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$3,632/mo
−$391/mo vs today
At today's rate · 7.28%
$4,023/mo
National weekly average
If rates rise 1% · 8.28%
$4,430/mo
+$407/mo vs today
Principal & interest on the $735,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Missoula?
To buy Missoula’s $735,000 median listing with 20% down, a household needs about $196,000 a year in gross income, keeping principal, interest and property tax ($4,568/mo) at 28% of income. That is 2.8× the area’s $70,888 median household income, so a typical Missoula household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $735,000 | September 2026 |
| Down payment (20%) | $147,000 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $4,023/mo | Rate as of 2026-10-01 |
| Property tax (0.89% effective rate) | $545/mo | Census ACS |
| Income needed (28% rule) | $196,000 | Gross household income / yr |
| Median household income | $70,888 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
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; -0.6% 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)
-0.6%
▼ 69.6k nonfarm jobs · August 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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ReadMissoula housing market FAQ
What is the median home price in Missoula?
As of September 2026, the median listing price in Missoula, MT is $735,000, up 13.1% 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 $735,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $4,023 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Missoula?
The median property in Missoula spends 75 days on the market, with 523 homes actively listed and 17% of them carrying a price cut — a buyer-leaning market as of September 2026.
Is it a buyer's or seller's market in Missoula?
With a median 75 days on market and 17% of active listings carrying a price cut, pending contracts at 32% of active listings, Missoula reads as a buyer-leaning market as of September 2026. Lean is based on days-on-market pace when closed-sale ratios are unavailable. Conditions shift monthly.
Is Missoula a good place to invest in real estate?
Missoula scores 37/100 on WealthyBud's Investor Score, ranking #723 of 933 covered U.S. metros as of September 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, September 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.
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