Market Trends

Download a quick visual of the annual Housing Report from years past to present.

See below for the latest market statistics from the Missoula Organization of REALTORS®

Market information solely from listings entered into the MOR Regional Multiple Listing Service. Therefore, figures may not reflect all real estate activity in the market.

Residential Market Activity in the Missoula Urban Area

(residential, AND residential with acreage)

Missoula Urban Area – Month of May

Year# of SalesMedian PriceAvg Days on Market
2018152$315,000111
2017127$268,000107
2016128$255,000141
2015110$245,375117
201499$224,900165
2013131$205,750149

Missoula Urban Area YTD January 1 to May 31, 2018

Year# of SalesMedian Price Avg Days on Market
2018487$293,275128
2017452$263,840139
2016429$240,000135
2015398$235,000141
2014328$217,900172
2013444$208,000179

Sales represent properties that have transferred and the transaction has closed. It is the best reliable indicator of what prices the real estate market will bear.


Residential Market Activity in Missoula County

(residential, AND residential with acreage)

Missoula County – Month of May

Year# of SalesMedian Price Avg Days on Market
2018178$315,000149
2017158$269,500144
2016157$255,000142
2015127$250,000115
2014125$218,000173
2013152$209,971148

Missoula County – YTD – January 1 to May 31, 2018

Year# of SalesMedian Price Avg Days on Market
2018578$289,950144
2017558$266,387156
2016527$240,000151
2015479$235,000148
2014405$216,000184
2013502$211,900177

Sales for Missoula County provide a more regional picture. However, a county representation is not a reliable indicator of the market in any of the individual and unique communities within the county.


 Number of Active Listings: June 5, 2018

 Residential*CondosTown homesMulti-FamilyLandCommercial
Missoula Urban Area33439381720857
Missoula County50039381746575
Central / North Ravalli County429n/an/a1236174
Mineral & Sanders Counties238n/an/a647525
Granite, Powell & Deerlodge Counties90n/an/a523814

In 2016, the Missoula Organization of REALTORS (MOR) switched from the MOR MLS to the Montana Regional MLS. Due to the switch, wherever we use Montana Regional MLS data in this year’s report, the numbers may differ slightly from previous reports.

Active listings indicate the number of properties from which buyers can choose.  An increase/decrease in the number of listings indicates seller activity and may affect buyer choices.
*Condo includes both Condos and Townhomes unless the agent manually moved Townhomes to its own type


Market information is provided as a public service by the Missoula Organization of REALTORS® based on statistics generated through the MOR Regional Multiple Listing Service. This information is not based on all real estate activity and is intended to indicate general trends only and should not be used to determine what to expect in any specific neighborhood or community. Contact a REALTOR® for more specific and detailed market analysis.