Petroleum County, MT Housing

Petroleum, MT County has a housing median value of $190,400, which is significantly lower than the US House Median Value of $338,100. Despite this difference in values, Petroleum County shows greater appreciation in its housing market than the US trend with a 1 year house appreciation rate of 14.00%, significantly higher than the 8.27% seen nationally. This indicates that there may be potential for growth and stability in the county’s housing market.

The median home cost in Petroleum County is $190,400. Home appreciation the last 10 years has been 117.4%. Home Appreciation in Petroleum County is up 19.9%.

Average Age of Homes

- The median age of Petroleum County real estate is 50 years old

The Rental Market in Petroleum County

- Renters make up 16.5% of the Petroleum County population
- 0.0% of houses and apartments in Petroleum County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Petroleum, Montana	United States
	293.0	139,647,020.0
	41	42
	$190,400	$338,100
	19.9%	16.6%
	68.8%	57.0%
	117.4%	101.1%
	$10.22	$10.98
	$1,216	$2,690
	50.9%	57.4%
	33.4%	11.2%
	15.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	2.0%	0.4%
	27.6%	3.6%
	3.8%	4.1%
Value of Owner-Occupied Housing
	4.0%	2.6%
	8.1%	2.4%
	11.4%	2.8%
	7.4%	3.9%
	3.4%	4.5%
	23.5%	11.3%
	14.8%	13.0%
	16.8%	20.1%
	1.3%	13.6%
	1.3%	8.3%
	4.0%	9.7%
	0.0%	3.9%
	2.7%	2.2%
	0.0%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.1%	13.6%
	6.1%	13.6%
	17.1%	13.6%
	19.1%	13.2%
	9.9%	14.8%
	17.1%	13.6%
	6.5%	10.0%
	0.7%	4.7%
	25.6%	12.2%

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