Cost of homeownership in Montana
State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.
Home price trend
FHFA House Price Index, quarterly.
Most expensive counties
- 1.Gallatin County$526,700
- 2.Flathead County$414,200
- 3.Park County$399,900
- 4.Missoula County$382,400
- 5.Ravalli County$378,400
- 6.Madison County$375,200
- 7.Carbon County$355,600
- 8.Jefferson County$354,700
- 9.Lake County$337,700
- 10.Broadwater County$335,700
Most affordable counties
- 1.Roosevelt County10.1%
- 2.Garfield County10.4%
- 3.Wibaux County10.9%
- 4.Powder River County11.8%
- 5.Judith Basin County11.9%
- 6.Liberty County12.8%
- 7.Chouteau County13.1%
- 8.Big Horn County13.3%
- 9.Blaine County13.3%
- 10.Treasure County13.4%
DOE EIA residential average.
Residential baseline.
IRS SOI · TY 2022, state-level avg.
All counties in Montana
- Yellowstone County
- Gallatin County
- Missoula County
- Flathead County
- Cascade County
- Lewis and Clark County
- Ravalli County
- Silver Bow County
- Lake County
- Lincoln County
- Park County
- Hill County
- Glacier County
- Big Horn County
- Sanders County
- Jefferson County
- Custer County
- Fergus County
- Richland County
- Roosevelt County
- Carbon County
- Beaverhead County
- Deer Lodge County
- Stillwater County
- Dawson County
- Madison County
- Rosebud County
- Valley County
- Blaine County
- Powell County
- Broadwater County
- Teton County
- Pondera County
- Chouteau County
- Toole County
- Musselshell County
- Mineral County
- Phillips County
- Sheridan County
- Sweet Grass County
- Granite County
- Fallon County
- Wheatland County
- Judith Basin County
- Liberty County
- Meagher County
- Powder River County
- McCone County
- Daniels County
- Carter County
- Prairie County
- Wibaux County
- Garfield County
- Golden Valley County
- Treasure County
- Petroleum County
Frequently asked questions
How much does it cost to own a home in Montana?
Based on Census ACS, the state average home value in Montana is $229,793, with median annual property tax around $1,734. Your actual cost depends on county and property.
What is the property tax in Montana?
Property tax rates vary by county. Montana's state average sits at roughly $1,734 per year on a median home. See county-level pages for local rates.
How fast are home prices appreciating in Montana?
FHFA House Price Index data shows Montana appreciating -1.8% over the last year and 51.7% over the last five years.
Is homeownership high in Montana?
Montana's homeownership rate is 72.6% (Census ACS). The share of owner-occupied units varies widely across counties.