The housing market in Missoula, MT Metro Area is thriving. The median value for a house is higher than the national average, at $521,400 compared to the US median of $338,100. What's more, the appreciation rate of houses over the past year has been significantly higher in Missoula than the national average of 8.27%, coming in at 21.29%. This indicates a healthy and growing real estate market with buyers showing increasing confidence in Missoula's residential housing stock.
The median home cost in Missoula Metro Area is $521,400. Home appreciation the last 10 years has been 126.4%. Home Appreciation in Missoula Metro Area is up 19.4%.
Average Age of Homes
- The median age of Missoula Metro Area real estate is 38 years old
The Rental Market in Missoula Metro Area
- Renters make up 37.0% of the Missoula Metro Area population
- 1.7% of houses and apartments in Missoula Metro Area, 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.