Montana cities — momentum scores, home values & rankings

All states·Montana

18 Montana cities tracked. Sorted by composite momentum score (home prices, rent, population).

Long thesis

The state's pop-weighted momentum is 69/100, and only 0 of 17 tracked cities are in the 'Declining' tier. That's a healthier distribution than most states. Bull case: the average is good, and the bottom of the distribution isn't ugly.

Short thesis

The bear case is the boring one: the median market is fine but the cycle is real. Watch the cities at the bottom of this state's distribution as the early-warning signal.

18
Cities tracked
$537,463
Median home (state)
17
Rising / Hot
1
Cooling / Declining

Lewistown

pop 6,204
82
Hot$291,540 · +7.2%

Helena

pop 34,729
75
Rising$477,090 · +3.0%

Great Falls

pop 60,013
74
Rising$337,690 · +4.0%

Havre

pop 9,204
72
Rising$233,525 · +8.1%

Polson

pop 5,631
72
Rising$567,618 · -0.8%

Missoula

pop 78,204
71
Rising$570,065 · +0.6%

Miles City

pop 8,407
71
Rising$237,951 · +4.5%

Columbia Falls

pop 5,713
71
Rising$604,818 · -0.2%

Hamilton

pop 5,383
70
Rising$531,103 · -0.8%

Billings

pop 121,483
69
Rising$398,212 · +1.9%

Kalispell

pop 31,296
68
Rising$556,983 · +0.0%

Bigfork

pop 5,118
68
Rising$792,804 · +0.3%

Whitefish

pop 9,256
67
Rising$872,060 · -0.7%

Livingston

pop 9,021
67
Rising$537,463 · -1.4%

Laurel

pop 7,251
65
Rising$377,538 · +0.5%

Bozeman

pop 57,894
63
Rising$728,406 · -1.5%

Belgrade

pop 12,741
62
Rising$547,610 · -2.1%

Sidney

pop 6,031
42
Cooling$272,498 · +4.9%

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Official state resources

Traffic & road closures

Verified official state sources from our source registry. Opens in a new tab.

Tools for Montana

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Cost of living & climate

Cost-of-living index
104.7 (US=100)
Near Us Avg. Source: MERIC Q4 2024 composite (housing, groceries, utilities, transport, healthcare, misc).
Climate

Continental and semi-arid. Cold long winters in the mountains, hot dry summers. Wildfire smoke increasingly disruptive.

More: MT taxes · MT best-of