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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 February

Year# of SalesMedian PriceAvg Days on Market
202092$318,000159
201951$315,000134
201875$269,900142
201763$247,000185
201647$230,000123
201546$211,650196

Missoula Urban Area YTD January 1 to February 29, 2020

Year# of SalesMedian PriceAvg Days on Market
2020163$323,500154
2019115$295,000141
2018138$270,450141
2017147$252,500179
2016118$228,650138
201598$212,200198

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 February

Year# of SalesMedian PriceAvg Days on Market
2020108$323,250159
201966$300,450147
201890$267,450149
201780$251,700200
201669$230,000144
201550$216,100209

Missoula County – YTD – January 1 to February 29, 2020

Year# of SalesMedian PriceAvg Days on Market
2020201$324,100175
2019146$298,450148
2018169$269,900153
2017180$253,000185
2016144$235,000190
2015112$210,450213

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: March 5, 2020

Residential*CondosTown homesMulti-FamilyLandCommercial
Missoula Urban Area16723221720771
Missoula County26824221942582
Ravalli County BVBOR Merged 10-7-19 269n/a12933656
Mineral & Sanders Counties
140n/an/a831235
Granite, Powell & Deerlodge Counties
1043n/a522126

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.