Zip 59405 (Great Falls, MT) Housing

The housing market in Great Falls, MT (zip code 59405) is doing incredibly well. The median value of homes in the area is $271,500 – significantly lower than the US median value of $338,100. However, in the past year the house appreciation rate in the area has skyrocketed to 20.18%, more than double the national average of 8.27%. This makes it a great opportunity for potential buyers and investors alike to take advantage of this growing market.

The median home cost in Great Falls (zip 59405) is $271,500. Home appreciation the last 10 years has been 80.8%. Home Appreciation in Great Falls (zip 59405) is up 20.3%.

Average Age of Homes

- The median age of Great Falls (zip 59405) real estate is 48 years old

The Rental Market in Great Falls (zip 59405)

- Renters make up 43.4% of the Great Falls (zip 59405) population
- 2.4% of houses and apartments in Great Falls (zip 59405), 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	Great Falls, Montana	United States
	14,921.0	139,647,020.0
	52	42
	$271,500	$338,100
	20.3%	16.6%
	59.0%	57.0%
	80.8%	101.1%
	$9.80	$10.98
	$1,840	$2,690
	51.2%	57.4%
	8.6%	11.2%
	40.2%	31.4%
Vacant Housing
	2.4%	1.9%
	1.4%	0.4%
	0.6%	0.7%
	0.7%	0.4%
	0.2%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	4.9%	2.6%
	1.0%	2.4%
	1.5%	2.8%
	2.4%	3.9%
	1.3%	4.5%
	11.6%	11.3%
	35.5%	13.0%
	28.5%	20.1%
	5.3%	13.6%
	4.1%	8.3%
	2.0%	9.7%
	1.3%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	6.7%	13.6%
	9.2%	13.2%
	16.0%	14.8%
	6.7%	13.6%
	18.2%	10.0%
	7.0%	4.7%
	7.5%	12.2%

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