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Missoula, MontanaPhoto: Quintin Soloviev · CC BY 4.0
Housing in Missoula

874 homes sold in Missoula in the last year, at a typical $552K

About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Missoula homes are listed.

Homes sold
874
June 2025 to May 2026
Typical sale price
$552K
houses $583K · condos $378K
Price per square foot
$325
Montana $291
For sale now
333
May 2026 · 98 sold that month
What sold · last 12 months

10% of Missoula’s sales are condos, at $205K less than a house

651 houses and 90 condos sold in the year to May 2026. Houses sell faster.

Houses$583K

typical sale · 651 sold in 12 months

Per square foot
$327MT $283
Days to sell
72
Sold over asking
0%
Listings with a price cut
27%
Condos$378K

typical sale · 90 sold in 12 months

Per square foot
$341MT $424
Days to sell
103
Sold over asking
0%
Listings with a price cut
21%
Fewer sales

Multi-family (2–4 units): 34 sold, typical $606K
Townhouses: 99 sold, typical $483K

Too few sales in 12 months for reliable figures.

12 years of sales

About as many homes sell as usual, at twice the 2016 price

874 sales in the last year, against 1,214 in 2020 and a low of 696 in 2023. The typical sale went from $260K in 2016 to $552K.

Homes soldTypical sale price
03126259371250$300K$400K$500K$600K2014: 923 sold, typical $231K’142015: 1027 sold, typical $242K2016: 984 sold, typical $260K’162017: 1072 sold, typical $268K2018: 1069 sold, typical $294K’182019: 1076 sold, typical $315K2020: 1214 sold, typical $356K’202021: 972 sold, typical $428K2022: 803 sold, typical $500K’222023: 696 sold, typical $548K2024: 776 sold, typical $562K’242025: 806 sold, typical $556KLast 12 months: 874 sold, typical $552KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $550K buys in Missoula

Houseat $327 a sq ft
Condoat $341 a sq ft
The same money in Montanaat $283 a sq ft

Is this asking price fair?

Check a listing against what Missoula homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Missoula are back to pre-pandemic levels, with about as many homes for sale

We read every month of Missoula’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 874 sales.

If you’re buying in Missoula

  • Shop in April. It brings about 112 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
  • You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 75 days.
Best time to buy

Spring brings the homes; winter brings the bidding wars

May has the most new listings (about 136 a month), but January is the most competitive: 0% of January sales close over asking. January has the least competition (0%) but only about 59 new listings.

New listings a monthShare sold over asking
035701051407%13%20%Sweet spotJan: 59 new listings a month, 0% sold over asking, 88 days to sellJFeb: 66 new listings a month, 0% sold over asking, 92 days to sellFMar: 99 new listings a month, 0% sold over asking, 72 days to sellMApr: 112 new listings a month, 0% sold over asking, 63 days to sellAMay: 136 new listings a month, 0% sold over asking, 56 days to sellMJun: 123 new listings a month, 0% sold over asking, 56 days to sellJJul: 113 new listings a month, 0% sold over asking, 55 days to sellJAug: 111 new listings a month, 0% sold over asking, 57 days to sellASep: 95 new listings a month, 0% sold over asking, 63 days to sellSOct: 79 new listings a month, 0% sold over asking, 65 days to sellONov: 53 new listings a month, 0% sold over asking, 73 days to sellNDec: 36 new listings a month, 0% sold over asking, 76 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Montana as a whole

Missoula now2017–192021 peakMT now
Sold over askingShare of sales that closed above the list price0%0%0%0%
Gone within two weeksShare of homes under contract within 14 days39%1%1%31%
Listings with a price cutShare of homes for sale that cut their price25%——20%
Price paid vs. askingAverage sale price ÷ list price—81.8%—94.9%
Days to sellMedian days from listing to contract75704886
Supply

326 homes for sale on a typical day

That’s 1.8 times the 2022 low (178), about the 2017–19 level and well under 2014’s 502.

2014: 502 for sale’142015: 442 for sale2016: 327 for sale2017: 343 for sale’172018: 352 for sale2019: 323 for sale2020: 260 for sale’202021: 196 for sale2022: 178 for sale2023: 183 for sale’232024: 248 for sale2025: 306 for saleLast 12 months: 326 for saleNow
Room to negotiate

1 in 4 listings has cut its price

25% in the last year, against — in 2017–19 and 20% across Montana.

2022: 7%’222023: 19%2024: 20%2025: 25%’25Last 12 months: 25%Now
Prices by type

Since 2019, houses are up 76%, condos 93%

A house typically sold for $583K in the last year (651 sales), a condo for $378K (90).

$250K$400K$550K$700K2013201520172019202120232025NowHouses 2013: $236K, 265 salesHouses 2014: $240K, 744 salesHouses 2015: $248K, 837 salesHouses 2016: $275K, 791 salesHouses 2017: $276K, 838 salesHouses 2018: $309K, 831 salesHouses 2019: $332K, 846 salesHouses 2020: $368K, 962 salesHouses 2021: $445K, 732 salesHouses 2022: $511K, 621 salesHouses 2023: $572K, 513 salesHouses 2024: $598K, 573 salesHouses 2025: $584K, 604 salesHouses last 12 months: $583K, 651 salesHouses $583KCondos 2013: $155K, 43 salesCondos 2014: $162K, 94 salesCondos 2015: $168K, 101 salesCondos 2016: $175K, 74 salesCondos 2017: $185K, 74 salesCondos 2018: $191K, 76 salesCondos 2019: $196K, 74 salesCondos 2020: $246K, 84 salesCondos 2021: $282K, 86 salesCondos 2022: $331K, 54 salesCondos 2023: $395K, 85 salesCondos 2024: $389K, 89 salesCondos 2025: $366K, 92 salesCondos last 12 months: $378K, 90 salesCondos $378K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Montana

Missoula ranks 3rd of 18 busy Montana markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Missoula is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Missoula home costs about $3,313 a month

Mortgage
Property tax
Insurance
Rent

Price: Missoula’s typical sale, last 12 months. Property tax at Missoula’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Missoula is affordable on local pay is on Cost of living.

Before you buy in Missoula

Six things worth knowing

136

New listings in May

The month with the most choice. December has the fewest, about 36.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $552K home, about $5,190 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Missoula, from test results, graduation and how much students grow.

Schools in Missoula
16 min

Typical commute

The average one-way trip to work for people who live in Missoula.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Missoula, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Missoula874$552K$3250%75
Lolo50$583K$3170%82
Orchard Homes45$712K$3250%78
Wye41$597K$3530%202

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Missoula, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Missoula. People who follow the town see it, and so do people comparing Missoula with their own town. No commission, no listing fee.

Questions about buying a home in Missoula

What do homes sell for in Missoula, MT?

874 homes sold in the year to May 2026 at a typical $552K, $325 a square foot. Houses sold for about $583K, condos for about $378K.

Is Missoula a buyer’s or seller’s market?

A seller’s market: 333 homes were for sale in May 2026 and 98 sold, about 3.4 months of supply., and 25% of listings cut their price.

When is the best time to buy in Missoula?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Missoula?

About 0.9% of a home’s value a year. On a $552K home that’s near $5,190.

Where can I see homes for sale in Missoula?

Zillow, Redfin, Realtor.com and Homes.com all carry Missoula’s MLS listings; the search links above open each one filtered to Missoula.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).