Is Missoula County, MT a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Missoula County is a seller's market


Difference Since November 2022

Since last year, Missoula County has remained a Seller's Market.

Key Takeaway

Missoula County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Missoula County, MT

How much do homes in Missoula County, MT cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Missoula County have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Missoula County was $558,271 in November 2023, up 4.1% from last year, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $285K$325K
2 $390.5K$405K
3 $525.1K$537.4K
4 $625K$670K
5+ $732.5K$749K

Summary: Missoula County housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Counties

Granite County
Lake County
Powell County
Missoula County
Mineral County

Housing Supply in Missoula County, MT

How many homes are available in Missoula County, MT?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Missoula County real estate market had 387 homes for sale in November 2023, a 7.6% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 1415
2 7066
3 162146
4 105100
5+ 6860

Summary: The Missoula County housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 11.8%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

52 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Missoula County, you may be able to get a good deal. 71.2% of homes here sold below asking price last month.

Summary: A total of 73 homes were sold or pending in Missoula County in November 2023, down by 19.8% month-over-month. Of the 73 sold homes, 71% were sold under asking, 15% were sold at asking, and 14% were sold over asking.

Days on Market for Missoula County, MT

How long does it take to sell a home in Missoula County, MT?

Average Sale Time

Nov 2022Nov 2023CHANGE
69 Days65 Days-6.5%

Summary: Homes in Missoula County had an average of 65 days on market in Nov 2023, down by 6.5% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

34 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Missoula County has remained consistent over time.

Summary: During November 2023, 73 homes were sold in Missoula County; 26% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Missoula County, MT

Nearby Markets to Missoula County, MT

What housing markets are near Missoula County, MT?