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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

Missoula Urban Area | August 2020

Year# of SalesMedian PriceAvg Days on Market
2020169$365,000109
2019137$319,900112
2018143$299,000113
2017162$269,500100
2016158$260,400183

(residential, AND residential with acreage)

Missoula Urban Area YTD January 1 to July 31, 2020

Year# of SalesMedian PriceAvg Days on Market
2020818$333,625119
2019789$309,860131
2018789$289,000123
2017795$270,000126
2016724$249,900145
2015723$239,000146

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

Missoula County | August 2020

Year# of SalesMedian PriceAvg. Days on Market
2020211$370,000113
2019173$320,000113
2018188$286,450118
2017190$271,683115
2016199$252,790179

(residential, AND residential with acreage)

Year# of SalesMedian PriceAvg Days on Market
2020175$370,000104
2019163$320,000115
2018137$308,00095
2017147$272,00092
2016134$271,500133
2015153$246,000127

Missoula County | July 2020

Year# of SalesMedian PriceAvg Days on Market
2020224$361,450100
2019209$325,000118
2018167$308,000111
2017183$269,900100
2016176$271,500161
2015182$246,888154

Missoula County – YTD – January 1 to July 31, 2020

Year# of SalesMedian PriceAvg Days on Market
20201,040$333,013130
2019971$310,000142
2018960$294,950137
2017982$269,950141
2016900$249,900170
2015884$237,900164

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.


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.