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Market Trends

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 June

Year# of SalesMedian PriceAvg Days on Market
2020166$335,00092
2019155$311,849102
2018159$299,000128
2017191$277,500109
2016153$257,000142
2015164$245,000127

Missoula Urban Area YTD January 1 to June 30, 2020

Year# of SalesMedian PriceAvg Days on Market
2020641$327,500124
2019626$305,000136
2018652$295,750129
2017648$269,000133
2016590$244,550147
2015570$236,950151

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 June

Year# of SalesMedian PriceAvg Days on Market
2020209$335,000111
2019193$312,000117
2018206$294,500127
2017233$276,000128
2016186$255,150156
2015204$240,000139

Missoula County – YTD – January 1 to June 30, 2020

Year# of SalesMedian PriceAvg Days on Market
2020814$325,950139
2019762$306,550148
2018793$293,500142
2017799$270,000150
2016724$245,000173
2015702$235,000167

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: July 6, 2020

Residential*CondosTown homesMulti-FamilyLandCommercial
Missoula Urban Area17925211220568
Missoula County28025211638879
Ravalli County BVBOR Merged 10-7-19 271n/a71227957
Mineral & Sanders Counties
121n/an/a525429
Granite, Powell & Deerlodge Counties
92n/an/an/a21024

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.