Housing in Big Sky, MT is substantially more expensive than the US median value of $338,100. The median home value in Big Sky is an impressive $699,500. However, this difference in price also translates to a higher rate of appreciation for properties located in Big Sky; while the US house appreciation rate is 8.27%, in Big Sky it's closer to 14.70%. Homeowners and investors alike can benefit from this inflated rate, as it means that investments will rise at a faster rate than the national average.
The median home cost in Big Sky is $699,500. Home appreciation the last 10 years has been 162.0%. Home Appreciation in Big Sky is up 21.2%.
Average Age of Homes
- The median age of Big Sky real estate is 19 years old
The Rental Market in Big Sky
- Renters make up 11.8% of the Big Sky population
- 5.6% of houses and apartments in Big Sky, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.