HomeRule

Cost of homeownership in Montana

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$229,793
Avg property tax
$1,734
Homeownership rate
72.6%
1yr appreciation
-1.8%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.Gallatin County$526,700
  2. 2.Flathead County$414,200
  3. 3.Park County$399,900
  4. 4.Missoula County$382,400
  5. 5.Ravalli County$378,400
  6. 6.Madison County$375,200
  7. 7.Carbon County$355,600
  8. 8.Jefferson County$354,700
  9. 9.Lake County$337,700
  10. 10.Broadwater County$335,700

Most affordable counties

  1. 1.Roosevelt County10.1%
  2. 2.Garfield County10.4%
  3. 3.Wibaux County10.9%
  4. 4.Powder River County11.8%
  5. 5.Judith Basin County11.9%
  6. 6.Liberty County12.8%
  7. 7.Chouteau County13.1%
  8. 8.Big Horn County13.3%
  9. 9.Blaine County13.3%
  10. 10.Treasure County13.4%
Avg electricity
13.0¢/kWh

DOE EIA residential average.

Avg annual energy cost
$1,402

Residential baseline.

Avg mortgage interest deduction
Pending

IRS SOI, state-level avg.

All counties in Montana

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.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.