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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 March

Year# of SalesMedian PriceAvg Days on Market
2019107$290,000141
201893$278,000111
201792$273,913137
201669$237,225136
201583$235,000153
201459$222,000161

Missoula Urban Area YTD January 1 to March 31, 2019

Year# of SalesMedian PriceAvg Days on Market
2019222$294,500141
2018232$271,750128
2017239$265,000163
2016194$231,000136
2015181$229,000178
2014143$213,000176

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 March

Year# of SalesMedian PriceAvg Days on Market
2019121$292,000141
2018111$282,000123
2017115$270,000161
201687$233,000188
2015102$230,000164
201477$216,900203

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

Year# of SalesMedian PriceAvg Days on Market
2019267 $295,000145
2018281$272,500141
2017295$265,000176
2016240$234,000187
2015214$226,200190
2014182$209,000199

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: April 5, 2019

Residential*CondosTown homesMulti-FamilyLandCommercial
Missoula Urban Area26937411422857
Missoula County41737411544067
Central / North Ravalli County 303n/an/a636466
Mineral & Sanders Counties
185n/an/a738432
Granite, Powell & Deerlodge Counties
96n/an/a625920

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.