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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 July

Year# of SalesMedian PriceAvg Days on Market
2019163$320,000115
2018137$308,00095
2017145$272,00092
2016132$268,000133
2015151$247,775128
2014160$236,500154

Missoula Urban Area YTD January 1 to July 31, 2019

Year# of SalesMedian PriceAvg Days on Market
2019788$309,680131
2018785$298,000122
2017784$270,000125
2016713$249,900144
2015711$239,500145
2014641$227,000179

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 July

Year# of SalesMedian PriceAvg Days on Market
2019208$325,000117
2018166$305,250107
2017181$269,900100
2016173$271,000162
2015181$248,000164
2014193$239,900156

Missoula County – YTD – January 1 to July 31, 2019

Year# of SalesMedian PriceAvg Days on Market
2019970$310,000142
2018951$294,500135
2017968$269,950141
2016885$249,900170
2015868$237,950165
2014784$225,000194

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: Aug 5, 2019

Residential*CondosTown homesMulti-FamilyLandCommercial
Missoula Urban Area32434232022664
Missoula County50434232249278
Central / North Ravalli County 381n/a3839665
Mineral & Sanders Counties
214n/an/a1140230
Granite, Powell & Deerlodge Counties
1313n/a527226

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.