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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 April

Year# of SalesMedian PriceAvg Days on Market
202090$333,700105
2019110$305,500168
2018103$298,000143
201786$260,950134
2016107$247,319149
2015107$235,500159

Missoula Urban Area YTD January 1 to April 30, 2020

Year# of SalesMedian PriceAvg Days on Market
2020356$327,950133
2019332$297,950150
2018334$280,000133
2017325$261,116155
2016301$237,900141
2015288$230,000171

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 April

Year# of SalesMedian PriceAvg Days on Market
2020119$325,000122
2019127$305,000167
2018119$281,900144
2017105$262,000132
2016130$245,250165
2015141$235,500182

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

Year# of SalesMedian PriceAvg Days on Market
2020450$325,000148
2019394$295,950152
2018399$279,000142
2017400$263,500164
2016370$238,750179
2015354$229,950187

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: May 5, 2020

Residential*CondosTown homesMulti-FamilyLandCommercial
Missoula Urban Area20526281520368
Missoula County29827281740878
Ravalli County BVBOR Merged 10-7-19 2943121132263
Mineral & Sanders Counties
146n/an/a329631
Granite, Powell & Deerlodge Counties
1053n/a521627

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.