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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 December

Year# of SalesMedian PriceAvg Days on Market
2019109$315,000111
2018101$309,000145
2017103$270,000159
201686$252,450142
201574$212,500167
201496$227,000182

Missoula Urban Area YTD January 1 to December 31, 2019

Year# of SalesMedian PriceAvg Days on Market
20191408$315,000121
20181376$297,224123
20171422$268,125124
20161292$256,100144
20151252$239,900143
20141153$228,486177

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 December

Year# of SalesMedian PriceAvg Days on Market
2019136$310,500118
2018125$306,000152
2017122$271,500168
2016115$265,000195
201599$218,000178
2014105$224,000191

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

Year# of SalesMedian PriceAvg Days on Market
20191735$315,500132
20181697$293,500133
20171746$269,700138
20161611$256,200166
20151551$240,000160
20141378$228,500189

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: Jan 6, 2020

Residential*CondosTown homesMulti-FamilyLandCommercial
Missoula Urban Area22438171621675
Missoula County33239181840387
Ravalli County BVBOR Merged 10-7-19 282312634957
Mineral & Sanders Counties
124n/an/a929332
Granite, Powell & Deerlodge Counties
1083n/a421725

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.