The housing market in Great Falls, MT (59401) appears to be doing quite well. The median value of a house is $238,700 - slightly below the national average of $338,100. However, it has seen an impressive appreciation of 20.18%, which is nearly double the national average of 8.27%. This suggests that buying or selling a property in this area could be a good investment and could result in some nice profits for those involved. With such promising growth, the housing market in Great Falls shows much potential for further prosperity.
The median home cost in Great Falls (zip 59401) is $238,700. Home appreciation the last 10 years has been 80.8%. Home Appreciation in Great Falls (zip 59401) is up 20.3%.
Average Age of Homes
- The median age of Great Falls (zip 59401) real estate is 72 years old
The Rental Market in Great Falls (zip 59401)
- Renters make up 42.8% of the Great Falls (zip 59401) population
- 3.6% of houses and apartments in Great Falls (zip 59401), 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.