
Home prices in Montana have climbed faster than many locals ever imagined. According to the Zillow Home Value Index, some towns across the state have seen values rise by hundreds of thousands of dollars over the past decade. From remote ranchland to mountain getaways, rising demandโdriven by lifestyle seekers, remote workers, and out-of-state buyersโhas put once-sleepy markets on the map and priced out many longtime residents.
32. Wise River โ 210% Home Price Increase Since 2013

- 2013: $190,265
- 2014: $201,658 (+$11,393, +5.99% from previous year)
- 2015: $212,083 (+$10,425, +5.17% from previous year)
- 2016: $227,162 (+$15,078, +7.11% from previous year)
- 2017: $241,754 (+$14,592, +6.42% from previous year)
- 2018: $254,818 (+$13,064, +5.40% from previous year)
- 2019: $279,074 (+$24,256, +9.52% from previous year)
- 2020: $298,997 (+$19,922, +7.14% from previous year)
- 2021: $388,166 (+$89,170, +29.82% from previous year)
- 2022: $513,951 (+$125,785, +32.40% from previous year)
- 2023: $494,994 (โ$18,957, โ3.69% from previous year)
- 2024: $556,733 (+$61,739, +12.47% from previous year)
- 2025: $589,874 (+$33,141, +5.95% from previous year)
Wise River has experienced a remarkable transformation in its housing market, with home values climbing from $190,265 in 2013 to $589,874 by 2025. The most dramatic increases occurred during 2021 and 2022, when prices jumped by nearly 30% and 32% respectively, reflecting the broader pandemic-era real estate boom. Despite a brief dip in 2023, the market has since recovered and continues its upward trajectory.
Wise River โ Rural Community Draws Premium Prices

Located in southwestern Montana’s Beaverhead County, Wise River sits along the Big Hole River and serves as a gateway to some of the state’s premier fishing and outdoor recreation areas. This small unincorporated community has historically been known for its ranching heritage and proximity to the Anaconda-Pintler Wilderness, making it attractive to buyers seeking rural properties with exceptional outdoor access.
The town’s location along Highway 43 provides relatively easy access to both Butte and the Salmon River area, while maintaining the remote, authentic Montana experience that many buyers now prize. The surge in home prices reflects growing demand from buyers willing to pay premium prices for properties that offer both privacy and access to world-class fishing, hunting, and hiking opportunities in one of Montana’s most scenic valleys.
31. Columbia Falls โ 189% Home Price Increase Since 2010

- 2010: $233,885
- 2011: $208,969 (โ$24,916, โ10.65% from previous year)
- 2012: $190,536 (โ$18,433, โ8.82% from previous year)
- 2013: $200,053 (+$9,517, +4.99% from previous year)
- 2014: $220,352 (+$20,299, +10.15% from previous year)
- 2015: $232,395 (+$12,043, +5.47% from previous year)
- 2016: $252,085 (+$19,690, +8.47% from previous year)
- 2017: $267,750 (+$15,665, +6.21% from previous year)
- 2018: $289,045 (+$21,295, +7.95% from previous year)
- 2019: $307,571 (+$18,526, +6.41% from previous year)
- 2020: $332,414 (+$24,843, +8.08% from previous year)
- 2021: $449,653 (+$117,239, +35.27% from previous year)
- 2022: $619,745 (+$170,091, +37.83% from previous year)
- 2023: $565,322 (โ$54,422, โ8.78% from previous year)
- 2024: $603,591 (+$38,268, +6.77% from previous year)
- 2025: $603,902 (+$312, +0.05% from previous year)
Columbia Falls has experienced one of the most volatile yet ultimately successful housing markets among Montana communities, with prices nearly tripling from their 2010 starting point. After declining significantly during the early 2010s recession, the market began a steady recovery in 2013 that accelerated dramatically during the pandemic years. The explosive growth of 2021 and 2022, with consecutive years of 35% and 38% increases, has since moderated to more sustainable levels.
Columbia Falls โ Gateway To Glacier National Park Drives Demand

Strategically positioned as the gateway to Glacier National Park, Columbia Falls has transformed from a traditional logging and aluminum smelting town into a premier destination for outdoor enthusiasts and remote workers. The city of approximately 5,500 residents sits just 30 minutes from the park’s west entrance, making it an ideal base for year-round recreation including skiing at nearby Whitefish Mountain Resort.
The closure of the Columbia Falls Aluminum Company smelter in 2009 initially hurt the local economy, but the community has successfully reinvented itself around tourism, outdoor recreation, and quality-of-life amenities. Modern infrastructure, including reliable internet service, combined with the town’s proximity to Glacier National Park and Flathead Lake, has attracted a new generation of residents willing to pay premium prices for the ultimate Montana lifestyle with world-class outdoor recreation literally in their backyard.
30. Stevensville โ 194% Home Price Increase Since 2010

- 2010: $208,761
- 2011: $201,215 (โ$7,547, โ3.61% from previous year)
- 2012: $204,071 (+$2,856, +1.42% from previous year)
- 2013: $209,843 (+$5,771, +2.83% from previous year)
- 2014: $227,520 (+$17,677, +8.42% from previous year)
- 2015: $244,990 (+$17,470, +7.68% from previous year)
- 2016: $267,747 (+$22,757, +9.29% from previous year)
- 2017: $284,494 (+$16,747, +6.25% from previous year)
- 2018: $308,348 (+$23,854, +8.38% from previous year)
- 2019: $319,344 (+$10,996, +3.57% from previous year)
- 2020: $352,762 (+$33,419, +10.46% from previous year)
- 2021: $482,240 (+$129,477, +36.70% from previous year)
- 2022: $633,948 (+$151,709, +31.46% from previous year)
- 2023: $577,947 (โ$56,001, โ8.83% from previous year)
- 2024: $601,687 (+$23,740, +4.11% from previous year)
- 2025: $614,169 (+$12,482, +2.07% from previous year)
Stevensville has seen its housing market grow steadily and substantially over the past fifteen years, with particularly strong momentum building after 2014. The town experienced massive growth during the pandemic housing boom, with back-to-back years of 37% and 31% increases in 2021 and 2022. Current median home values of $614,169 represent nearly triple the 2010 baseline, though growth has moderated significantly in recent years.
Stevensville โ Montana’s First Permanent Settlement Commands High Prices

Known as Montana’s first permanent settlement, Stevensville sits in the heart of the Bitterroot Valley about 30 miles south of Missoula. This historic town of approximately 2,000 residents has maintained its small-town charm while benefiting from its proximity to larger urban centers and exceptional access to outdoor recreation. The Bitterroot Mountains provide a dramatic backdrop and offer world-class hiking, fishing, and hunting opportunities within minutes of town.
The community’s appeal extends beyond its natural setting to include a growing arts scene, local farmers markets, and well-preserved historic downtown area. Stevensville’s location along Highway 93 provides easy commuter access to Missoula while maintaining a distinctly rural character that appeals to buyers seeking authentic Montana living. The combination of historical significance, natural beauty, and modern conveniences has made the town increasingly attractive to both retirees and remote workers, driving sustained demand that has pushed home prices to unprecedented levels.
29. West Yellowstone โ 191% Home Price Increase Since 2010

- 2010: $216,479
- 2011: $206,336 (โ$10,144, โ4.69% from previous year)
- 2012: $211,033 (+$4,697, +2.28% from previous year)
- 2013: $234,190 (+$23,157, +10.97% from previous year)
- 2014: $255,109 (+$20,919, +8.93% from previous year)
- 2015: $276,570 (+$21,462, +8.41% from previous year)
- 2016: $322,610 (+$46,039, +16.65% from previous year)
- 2017: $346,423 (+$23,814, +7.38% from previous year)
- 2018: $383,939 (+$37,515, +10.83% from previous year)
- 2019: $401,910 (+$17,972, +4.68% from previous year)
- 2020: $433,601 (+$31,691, +7.89% from previous year)
- 2021: $548,885 (+$115,284, +26.59% from previous year)
- 2022: $644,428 (+$95,543, +17.41% from previous year)
- 2023: $599,806 (โ$44,622, โ6.92% from previous year)
- 2024: $632,448 (+$32,642, +5.44% from previous year)
- 2025: $628,966 (โ$3,482, โ0.55% from previous year)
West Yellowstone has demonstrated remarkable consistency in its housing market growth, with particularly strong gains beginning in 2013 and accelerating through the pandemic years. The town avoided the severe recession-era declines seen in many Montana communities and has maintained relatively steady appreciation throughout most periods. Despite a minor decline in 2025, median home values of $628,966 represent nearly triple the 2010 starting point of $216,479.
West Yellowstone โ Tourism Hub Creates Year-Round Housing Demand

Positioned at the west entrance to Yellowstone National Park, West Yellowstone functions as one of America’s premier gateway communities to the world’s first national park. This small town of fewer than 1,400 year-round residents transforms into a bustling tourism hub during peak seasons, accommodating millions of visitors annually. The unique combination of national park access, world-class fishing on nearby rivers, and extensive snowmobile trail systems creates year-round recreational opportunities that drive housing demand.
The local economy’s dependence on tourism has actually strengthened the housing market rather than creating instability, as successful tourism businesses generate substantial income for property owners and attract investors seeking vacation rental opportunities. West Yellowstone’s limited developable land, constrained by national forest and park boundaries, creates additional upward pressure on prices by restricting housing supply. The town’s role as a destination for both summer and winter recreation, combined with growing interest in vacation property ownership, has sustained strong demand that shows little sign of weakening despite recent price moderation.
28. Clancy โ 147% Home Price Increase Since 2010

- 2010: $257,492
- 2011: $254,197 (โ$3,295, โ1.28% from previous year)
- 2012: $259,954 (+$5,758, +2.27% from previous year)
- 2013: $271,780 (+$11,825, +4.55% from previous year)
- 2014: $283,855 (+$12,075, +4.44% from previous year)
- 2015: $298,854 (+$14,999, +5.28% from previous year)
- 2016: $314,225 (+$15,371, +5.14% from previous year)
- 2017: $330,454 (+$16,230, +5.16% from previous year)
- 2018: $359,791 (+$29,337, +8.88% from previous year)
- 2019: $374,572 (+$14,781, +4.11% from previous year)
- 2020: $390,119 (+$15,546, +4.15% from previous year)
- 2021: $483,641 (+$93,522, +23.97% from previous year)
- 2022: $599,719 (+$116,078, +24.00% from previous year)
- 2023: $592,976 (โ$6,743, โ1.12% from previous year)
- 2024: $625,514 (+$32,538, +5.49% from previous year)
- 2025: $636,238 (+$10,725, +1.71% from previous year)
Clancy has maintained one of the most stable housing markets among Montana communities, avoiding the severe fluctuations seen elsewhere while achieving solid long-term growth. The community weathered the early 2010s recession with minimal price declines and has shown remarkably consistent annual appreciation rates of 4-5% through most periods. The pandemic years brought the expected surge, with consecutive 24% increases, but the market has since returned to more moderate growth patterns.
Clancy โ Small Town Convenience Near Helena Drives Steady Growth

Located just 15 miles southeast of Helena along Highway 12, Clancy offers residents small-town living with easy access to the state capital’s employment and amenities. This unincorporated community sits in a scenic valley surrounded by the Helena National Forest, providing residents with immediate access to hiking, fishing, and hunting opportunities while maintaining a reasonable commute to Helena’s government and business district.
The town’s proximity to Helena has made it increasingly attractive to state employees and professionals seeking more affordable housing options outside the capital city, while still maintaining access to urban conveniences. Clancy’s rural character, larger lot sizes, and lower population density appeal to buyers looking for space and privacy without sacrificing connectivity to employment centers. This combination of factors has created steady demand that has supported consistent price appreciation over the past decade, making it an attractive option for buyers priced out of Helena’s more expensive neighborhoods.
27. Ennis โ 121% Home Price Increase Since 2016

- 2016: $290,981
- 2017: $310,122 (+$19,141, +6.58% from previous year)
- 2018: $347,605 (+$37,482, +12.09% from previous year)
- 2019: $361,690 (+$14,086, +4.05% from previous year)
- 2020: $395,316 (+$33,626, +9.30% from previous year)
- 2021: $513,863 (+$118,547, +29.99% from previous year)
- 2022: $629,452 (+$115,589, +22.49% from previous year)
- 2023: $601,269 (โ$28,183, โ4.48% from previous year)
- 2024: $628,140 (+$26,871, +4.47% from previous year)
- 2025: $641,587 (+$13,448, +2.14% from previous year)
Ennis has experienced dramatic growth since data collection began in 2016, with home values more than doubling from $290,981 to $641,587. The town showed strong momentum through the late 2010s before experiencing the explosive pandemic-era growth that characterized much of Montana. Despite a temporary correction in 2023, the market has resumed its upward trajectory with more moderate but steady increases.
Ennis โ Premier Fly Fishing Destination Commands Premium Prices

Situated in the heart of the Madison Valley along the renowned Madison River, Ennis has established itself as one of America’s premier fly fishing destinations. This small town of approximately 850 residents sits surrounded by some of the most productive trout waters in the world, including the Madison River, which flows directly through town and attracts anglers from across the globe. The combination of world-class fishing and stunning mountain scenery has made Ennis a highly sought-after location for both vacation properties and permanent residences.
The town’s economy revolves around outdoor recreation and tourism, with numerous fly fishing outfitters, guides, and lodges supporting both the local community and visiting enthusiasts. Ennis serves as a gateway to the Lee Metcalf Wilderness and provides easy access to Yellowstone National Park, just an hour’s drive south. The limited housing stock in this remote valley location, combined with growing demand from affluent outdoor enthusiasts seeking authentic Montana experiences, has created strong upward pressure on home prices that reflects the community’s status as a premier destination for recreational property ownership.
26. McLeod โ 162% Home Price Increase Since 2013

- 2013: $248,112
- 2014: $260,424 (+$12,312, +4.96% from previous year)
- 2015: $275,500 (+$15,077, +5.79% from previous year)
- 2016: $330,334 (+$54,834, +19.90% from previous year)
- 2017: $356,761 (+$26,427, +8.00% from previous year)
- 2018: $388,592 (+$31,831, +8.92% from previous year)
- 2019: $385,822 (โ$2,770, โ0.71% from previous year)
- 2020: $415,187 (+$29,365, +7.61% from previous year)
- 2021: $535,003 (+$119,816, +28.86% from previous year)
- 2022: $683,775 (+$148,772, +27.81% from previous year)
- 2023: $579,434 (โ$104,341, โ15.26% from previous year)
- 2024: $599,906 (+$20,473, +3.53% from previous year)
- 2025: $650,288 (+$50,381, +8.40% from previous year)
McLeod has experienced significant volatility alongside substantial long-term growth, with home values climbing from $248,112 in 2013 to $650,288 by 2025. The community saw particularly strong growth beginning in 2016, followed by explosive pandemic-era increases that pushed prices above $683,000 in 2022. A substantial correction in 2023 was followed by renewed growth, demonstrating the market’s underlying strength despite periodic fluctuations.
McLeod โ Mountain Community Offers Outdoor Recreation Premium

Located in south-central Montana near the Absaroka-Beartooth Wilderness, McLeod serves as a gateway to some of the state’s most spectacular high-country recreation opportunities. This small community sits along the Boulder River, providing residents with exceptional access to blue-ribbon trout fishing, while the surrounding mountains offer world-class hiking, hunting, and skiing opportunities. The town’s remote location and stunning natural setting have made it increasingly attractive to buyers seeking authentic mountain living experiences.
McLeod’s proximity to Yellowstone National Park and the Beartooth Highway, often called “the most beautiful drive in America,” adds to its appeal as both a permanent residence and vacation destination. The community’s small size and limited development opportunities create scarcity that supports high property values, while the area’s reputation among outdoor enthusiasts ensures sustained demand from buyers willing to pay premium prices for access to unparalleled recreational opportunities in one of Montana’s most scenic settings.
25. Florence โ 169% Home Price Increase Since 2010

- 2010: $243,432
- 2011: $235,238 (โ$8,194, โ3.37% from previous year)
- 2012: $240,086 (+$4,848, +2.06% from previous year)
- 2013: $251,954 (+$11,868, +4.94% from previous year)
- 2014: $267,382 (+$15,428, +6.12% from previous year)
- 2015: $280,053 (+$12,671, +4.74% from previous year)
- 2016: $304,447 (+$24,394, +8.71% from previous year)
- 2017: $324,523 (+$20,076, +6.59% from previous year)
- 2018: $344,393 (+$19,870, +6.12% from previous year)
- 2019: $352,979 (+$8,586, +2.49% from previous year)
- 2020: $387,449 (+$34,470, +9.77% from previous year)
- 2021: $524,767 (+$137,318, +35.44% from previous year)
- 2022: $684,334 (+$159,567, +30.41% from previous year)
- 2023: $625,873 (โ$58,461, โ8.54% from previous year)
- 2024: $645,037 (+$19,164, +3.06% from previous year)
- 2025: $655,310 (+$10,273, +1.59% from previous year)
Florence has demonstrated remarkable long-term growth stability, with home values climbing steadily from $243,432 in 2010 to $655,310 by 2025. The community experienced only minimal recession-era declines and maintained consistent mid-single-digit appreciation rates through most of the 2010s. The pandemic years brought explosive growth exceeding 35% and 30% in consecutive years, followed by a correction and return to more sustainable appreciation rates.
Florence โ Bitterroot Valley Location Attracts Premium Buyers

Positioned in the southern Bitterroot Valley approximately 20 miles south of Missoula, Florence offers residents the ideal combination of small-town living and access to urban amenities. This community of roughly 1,200 residents sits along Highway 93 with dramatic mountain views and immediate access to the Bitterroot National Forest. The town serves as a popular choice for Missoula commuters seeking more affordable housing options while maintaining proximity to employment centers and university resources.
Florence’s appeal extends beyond its convenient location to include excellent recreational opportunities, with numerous hiking trails, fishing streams, and hunting areas within minutes of town. The community has retained its rural character while accommodating steady growth, attracting families and retirees drawn to the area’s natural beauty and outdoor lifestyle. The combination of Missoula accessibility, mountain recreation, and small-town atmosphere has created sustained demand that continues to drive home prices upward, making Florence one of the Bitterroot Valley’s most sought-after residential communities.
24. Condon โ 205% Home Price Increase Since 2010

- 2010: $215,547
- 2011: $231,746 (+$16,199, +7.52% from previous year)
- 2012: $250,417 (+$18,671, +8.06% from previous year)
- 2013: $256,189 (+$5,772, +2.30% from previous year)
- 2014: $268,365 (+$12,176, +4.75% from previous year)
- 2015: $278,505 (+$10,140, +3.78% from previous year)
- 2016: $280,567 (+$2,062, +0.74% from previous year)
- 2017: $303,557 (+$22,990, +8.19% from previous year)
- 2018: $322,123 (+$18,566, +6.12% from previous year)
- 2019: $328,307 (+$6,184, +1.92% from previous year)
- 2020: $347,913 (+$19,606, +5.97% from previous year)
- 2021: $482,699 (+$134,786, +38.74% from previous year)
- 2022: $615,363 (+$132,664, +27.48% from previous year)
- 2023: $565,741 (โ$49,622, โ8.06% from previous year)
- 2024: $619,643 (+$53,902, +9.53% from previous year)
- 2025: $656,589 (+$36,946, +5.96% from previous year)
Condon stands out for actually experiencing price increases during the recession years of 2011-2012, unlike most Montana communities. This early strength was followed by more modest but consistent growth through the 2010s before the dramatic pandemic-era surge pushed values above $615,000. The market has shown resilience with strong recovery following the 2023 correction, reaching new highs by 2025.
Condon โ Swan Valley Gateway Offers Wilderness Access

Located in northwestern Montana’s Swan Valley, Condon serves as a gateway to the Bob Marshall Wilderness Complex and offers some of the most pristine wilderness access in the state. This small community sits along Highway 83 between Flathead Lake and the Continental Divide, providing residents with unparalleled access to hiking, fishing, hunting, and wildlife viewing opportunities. The Swan Valley’s reputation as one of Montana’s most scenic and ecologically diverse regions has made Condon increasingly attractive to buyers seeking authentic wilderness experiences.
The town’s remote location and limited development opportunities create natural constraints on housing supply, while growing interest in wilderness recreation and remote living has increased demand significantly. Condon appeals particularly to buyers seeking properties that offer both privacy and direct access to millions of acres of protected wilderness areas. The community’s position as a year-round recreation destination, with excellent cross-country skiing and snowmobiling in winter complementing summer activities, has attracted buyers willing to pay premium prices for this unique combination of wilderness access and mountain living.
23. Corvallis โ 181% Home Price Increase Since 2010

- 2010: $233,826
- 2011: $225,280 (โ$8,546, โ3.65% from previous year)
- 2012: $230,112 (+$4,832, +2.15% from previous year)
- 2013: $228,238 (โ$1,874, โ0.81% from previous year)
- 2014: $246,062 (+$17,824, +7.81% from previous year)
- 2015: $270,792 (+$24,730, +10.05% from previous year)
- 2016: $295,261 (+$24,469, +9.04% from previous year)
- 2017: $310,018 (+$14,758, +5.00% from previous year)
- 2018: $333,894 (+$23,876, +7.70% from previous year)
- 2019: $351,639 (+$17,745, +5.31% from previous year)
- 2020: $384,720 (+$33,081, +9.41% from previous year)
- 2021: $529,632 (+$144,912, +37.67% from previous year)
- 2022: $697,201 (+$167,569, +31.64% from previous year)
- 2023: $625,141 (โ$72,060, โ10.34% from previous year)
- 2024: $647,811 (+$22,670, +3.63% from previous year)
- 2025: $657,697 (+$9,886, +1.53% from previous year)
Corvallis experienced a slower recovery from the recession than many Montana communities, with prices remaining relatively flat through 2013 before beginning sustained growth. The mid-2010s brought strong momentum that accelerated into the pandemic boom, with spectacular growth of 38% and 32% in 2021 and 2022. Despite a significant correction in 2023, the market has stabilized and resumed growth, reaching $657,697 by 2025.
Corvallis โ Historic Bitterroot Valley Town Commands High Prices

Situated in the heart of the Bitterroot Valley about 12 miles south of Hamilton, Corvallis combines small-town charm with proximity to larger communities and outdoor recreation opportunities. This historic town of approximately 900 residents sits in one of Montana’s most agriculturally productive valleys, surrounded by working ranches and farms that maintain the area’s rural character. The community serves as a quiet residential alternative to busier valley towns while providing easy access to Missoula and other regional centers.
Corvallis benefits from its central Bitterroot Valley location, offering residents spectacular mountain views and immediate access to national forest lands for hiking, fishing, and hunting. The town’s agricultural heritage and small-town atmosphere appeal to buyers seeking authentic rural Montana living, while its position along Highway 93 ensures convenient travel throughout western Montana. The combination of rural character, mountain recreation access, and valley location has made Corvallis increasingly attractive to both retirees and families, driving steady demand that has pushed home prices to levels that reflect the premium buyers place on this quintessential Montana lifestyle.
22. Frenchtown โ 173% Home Price Increase Since 2010

- 2010: $242,532
- 2011: $232,864 (โ$9,668, โ3.99% from previous year)
- 2012: $248,623 (+$15,759, +6.77% from previous year)
- 2013: $261,966 (+$13,343, +5.37% from previous year)
- 2014: $278,154 (+$16,188, +6.18% from previous year)
- 2015: $292,325 (+$14,171, +5.09% from previous year)
- 2016: $310,326 (+$18,000, +6.16% from previous year)
- 2017: $328,121 (+$17,795, +5.73% from previous year)
- 2018: $345,982 (+$17,861, +5.44% from previous year)
- 2019: $356,159 (+$10,176, +2.94% from previous year)
- 2020: $373,236 (+$17,077, +4.79% from previous year)
- 2021: $490,926 (+$117,690, +31.53% from previous year)
- 2022: $615,663 (+$124,737, +25.41% from previous year)
- 2023: $594,564 (โ$21,099, โ3.43% from previous year)
- 2024: $640,884 (+$46,321, +7.79% from previous year)
- 2025: $661,380 (+$20,495, +3.20% from previous year)
Frenchtown has shown exceptional consistency in its housing market growth, maintaining steady 5-6% annual appreciation rates through most of the 2010s. The community experienced a brief recession-era dip but quickly recovered and maintained momentum through the pandemic boom years. Unlike many Montana markets, Frenchtown’s 2023 correction was minimal, and the market has continued its upward trajectory with strong gains in recent years.
Frenchtown โ Clark Fork River Community Offers Rural Lifestyle

Located along the Clark Fork River approximately 20 miles west of Missoula, Frenchtown provides residents with small-town living while maintaining reasonable access to urban amenities and employment opportunities. This community of roughly 2,000 residents sits in a scenic river valley surrounded by forested hills, offering excellent fishing, hunting, and outdoor recreation opportunities. The town’s position along Interstate 90 provides convenient travel access while preserving its rural character and slower pace of life.
Frenchtown’s appeal lies in its combination of natural beauty, recreational opportunities, and proximity to Missoula’s employment and cultural resources. The Clark Fork River provides world-class fishing opportunities, while surrounding public lands offer extensive hiking and hunting access. The community has attracted families and retirees seeking affordable alternatives to Missoula while maintaining access to the university town’s amenities and job market. This sustained demand from buyers seeking rural lifestyle benefits with urban convenience has driven consistent price appreciation that shows little sign of slowing.
21. Bonner โ 152% Home Price Increase Since 2010

- 2010: $262,844
- 2011: $251,419 (โ$11,425, โ4.35% from previous year)
- 2012: $267,686 (+$16,267, +6.47% from previous year)
- 2013: $274,166 (+$6,480, +2.42% from previous year)
- 2014: $290,583 (+$16,417, +5.99% from previous year)
- 2015: $303,064 (+$12,482, +4.30% from previous year)
- 2016: $308,743 (+$5,679, +1.87% from previous year)
- 2017: $327,717 (+$18,974, +6.15% from previous year)
- 2018: $337,848 (+$10,131, +3.09% from previous year)
- 2019: $347,720 (+$9,872, +2.92% from previous year)
- 2020: $377,744 (+$30,024, +8.63% from previous year)
- 2021: $512,674 (+$134,930, +35.72% from previous year)
- 2022: $646,433 (+$133,759, +26.09% from previous year)
- 2023: $608,856 (โ$37,577, โ5.81% from previous year)
- 2024: $645,699 (+$36,843, +6.05% from previous year)
- 2025: $661,693 (+$15,994, +2.48% from previous year)
Bonner has maintained relatively steady growth throughout most periods, recovering quickly from the 2011 recession and showing consistent mid-single-digit appreciation through the 2010s. The pandemic years brought the expected dramatic increases, with back-to-back years exceeding 35% and 26% growth. The market has shown resilience following the 2023 correction and has resumed steady appreciation that has pushed values above $661,000.
Bonner โ Historic Mill Town Transforms Into Recreational Haven

Positioned along the Blackfoot River east of Missoula, Bonner represents a successful transformation from historic lumber mill town to recreational community. This small unincorporated area sits at the confluence of the Blackfoot and Clark Fork rivers, providing residents with exceptional fishing opportunities and water recreation access. The community’s industrial heritage has given way to a focus on outdoor recreation and rural living, attracting buyers seeking riverfront properties and mountain access.
Bonner’s location offers the best of both worlds – rural tranquility with reasonable access to Missoula’s employment and amenities. The area’s reputation among anglers has grown significantly, as both the Blackfoot and Clark Fork rivers provide world-class trout fishing opportunities. The combination of water recreation, mountain access, and proximity to Missoula has created sustained demand from buyers seeking authentic Montana experiences. Limited developable land along the rivers creates natural constraints on housing supply, supporting continued price appreciation as more buyers discover this hidden corner of western Montana’s recreational opportunities.
20. Manhattan โ 177% Home Price Increase Since 2010

- 2010: $241,238
- 2011: $233,973 (โ$7,265, โ3.01% from previous year)
- 2012: $237,604 (+$3,631, +1.55% from previous year)
- 2013: $260,415 (+$22,811, +9.60% from previous year)
- 2014: $271,757 (+$11,342, +4.36% from previous year)
- 2015: $302,890 (+$31,133, +11.46% from previous year)
- 2016: $322,104 (+$19,213, +6.34% from previous year)
- 2017: $346,367 (+$24,263, +7.53% from previous year)
- 2018: $382,133 (+$35,766, +10.33% from previous year)
- 2019: $407,771 (+$25,638, +6.71% from previous year)
- 2020: $451,280 (+$43,509, +10.67% from previous year)
- 2021: $578,792 (+$127,513, +28.26% from previous year)
- 2022: $683,506 (+$104,714, +18.09% from previous year)
- 2023: $633,357 (โ$50,149, โ7.34% from previous year)
- 2024: $658,125 (+$24,768, +3.91% from previous year)
- 2025: $669,282 (+$11,157, +1.70% from previous year)
Manhattan has experienced strong and consistent growth since recovering from the early 2010s recession, with particularly robust momentum building after 2015. The community showed accelerating appreciation rates through the late 2010s, culminating in significant pandemic-era increases of 28% and 18% in consecutive years. Despite a notable correction in 2023, the market has stabilized and resumed growth, reaching $669,282 by 2025.
Manhattan โ Gallatin Valley Agriculture Meets Modern Growth

Located in the heart of the Gallatin Valley approximately 20 miles west of Bozeman, Manhattan combines agricultural heritage with modern residential appeal. This community of roughly 1,700 residents sits surrounded by productive farmland and working ranches, maintaining its rural character while benefiting from proximity to Bozeman’s employment opportunities and Montana State University. The town’s position along Highway 205 provides convenient access to larger communities while preserving the agricultural lifestyle that defines much of the Gallatin Valley.
Manhattan’s appeal stems from its authentic agricultural setting combined with reasonable commuting distance to Bozeman’s growing job market and cultural amenities. The community offers larger lot sizes and more affordable housing options compared to Bozeman proper, attracting families and professionals seeking rural living without sacrificing career opportunities. The surrounding agricultural landscape provides scenic beauty and recreational opportunities, while the town’s small size ensures a strong sense of community. This combination of rural character, Bozeman accessibility, and authentic Montana agricultural heritage has created sustained demand that continues to drive home values upward.
19. Somers โ 119% Home Price Increase Since June 2010

- 2010: $313,539
- 2011: $281,076 (โ$32,464, โ10.35% from previous year)
- 2012: $254,418 (โ$26,658, โ9.48% from previous year)
- 2013: $260,732 (+$6,314, +2.48% from previous year)
- 2014: $277,834 (+$17,102, +6.56% from previous year)
- 2015: $297,506 (+$19,672, +7.08% from previous year)
- 2016: $302,618 (+$5,112, +1.72% from previous year)
- 2017: $316,704 (+$14,085, +4.65% from previous year)
- 2018: $335,312 (+$18,609, +5.88% from previous year)
- 2019: $356,375 (+$21,062, +6.28% from previous year)
- 2020: $385,463 (+$29,089, +8.16% from previous year)
- 2021: $525,878 (+$140,415, +36.43% from previous year)
- 2022: $713,444 (+$187,566, +35.67% from previous year)
- 2023: $644,987 (โ$68,457, โ9.60% from previous year)
- 2024: $692,931 (+$47,944, +7.43% from previous year)
- 2025: $687,578 (โ$5,353, โ0.77% from previous year)
Somers experienced significant recession-era declines, losing nearly 19% of its value between 2010 and 2012, before beginning a steady recovery that accelerated through the 2010s. The pandemic years brought extraordinary growth exceeding 36% in both 2021 and 2022, pushing values above $713,000. Following a substantial correction in 2023, the market has shown mixed signals with strong recovery in 2024 followed by a slight decline in 2025.
Somers โ Flathead Lake Paradise Commands Premium Prices

Positioned on the shores of Flathead Lake near its northern end, Somers occupies one of northwestern Montana’s most coveted locations for waterfront living. This small community of fewer than 1,200 residents offers direct access to the largest natural freshwater lake west of the Mississippi River, providing world-class boating, fishing, and water recreation opportunities. The town’s location also provides stunning lake and mountain views, making it highly attractive to buyers seeking premium waterfront properties.
Somers benefits from its unique combination of lake access and proximity to larger communities, sitting just minutes from Kalispell and Whitefish while maintaining a quiet residential character. The limited availability of lakefront property creates natural scarcity that supports high home values, while the area’s reputation as a recreational paradise attracts buyers from across the country. The community’s appeal extends beyond summer activities to include excellent winter recreation access, with several ski areas within reasonable driving distance. This year-round recreational appeal, combined with the exclusivity of Flathead Lake waterfront living, has established Somers as one of Montana’s premier residential destinations.
18. Marion โ 134% Home Price Increase Since 2010

- 2010: $295,149
- 2011: $261,897 (โ$33,252, โ11.27% from previous year)
- 2012: $237,670 (โ$24,227, โ9.25% from previous year)
- 2013: $244,607 (+$6,937, +2.92% from previous year)
- 2014: $275,063 (+$30,456, +12.45% from previous year)
- 2015: $289,337 (+$14,274, +5.19% from previous year)
- 2016: $313,289 (+$23,952, +8.28% from previous year)
- 2017: $328,004 (+$14,715, +4.70% from previous year)
- 2018: $351,095 (+$23,091, +7.04% from previous year)
- 2019: $371,230 (+$20,135, +5.73% from previous year)
- 2020: $392,642 (+$21,411, +5.77% from previous year)
- 2021: $533,039 (+$140,397, +35.76% from previous year)
- 2022: $742,668 (+$209,630, +39.33% from previous year)
- 2023: $661,655 (โ$81,013, โ10.91% from previous year)
- 2024: $692,908 (+$31,253, +4.72% from previous year)
- 2025: $689,879 (โ$3,029, โ0.44% from previous year)
Marion experienced severe recession-era declines, losing over 19% of its value between 2010 and 2012, before mounting a strong recovery that accelerated through the 2010s. The pandemic years brought spectacular growth, with consecutive increases of 36% and 39% that pushed values above $742,000. The market has shown volatility since 2022, with a significant correction followed by recovery and recent modest decline.
Marion โ Flathead Lake’s Eastern Shore Attracts Premium Investment

Located on the eastern shore of Flathead Lake, Marion offers residents direct access to Montana’s premier lake recreation destination while maintaining a quiet, residential atmosphere. This small lakeside community provides stunning water and mountain views, with easy access to boating, fishing, swimming, and other water-based activities. The town’s position along Highway 35 ensures convenient travel around the lake while preserving the peaceful character that makes lakefront living so appealing.
Marion’s real estate market reflects the premium that buyers place on Flathead Lake access, with limited lakefront properties commanding exceptional prices. The community appeals particularly to buyers seeking vacation properties or retirement homes in one of the Northwest’s most scenic settings. The area’s four-season appeal includes excellent winter recreation access and proximity to ski areas, while summer activities center around the lake’s world-class recreation opportunities. The combination of limited supply, exceptional natural beauty, and year-round recreational access has established Marion as one of the most exclusive residential markets in the Flathead Valley.
17. Huson โ 191% Home Price Increase Since 2010

- 2010: $238,835
- 2011: $233,798 (โ$5,037, โ2.11% from previous year)
- 2012: $247,597 (+$13,799, +5.90% from previous year)
- 2013: $258,216 (+$10,619, +4.29% from previous year)
- 2014: $273,456 (+$15,241, +5.90% from previous year)
- 2015: $287,036 (+$13,580, +4.97% from previous year)
- 2016: $304,391 (+$17,355, +6.05% from previous year)
- 2017: $326,186 (+$21,794, +7.16% from previous year)
- 2018: $347,342 (+$21,156, +6.49% from previous year)
- 2019: $354,715 (+$7,374, +2.12% from previous year)
- 2020: $383,229 (+$28,513, +8.04% from previous year)
- 2021: $516,632 (+$133,404, +34.81% from previous year)
- 2022: $659,590 (+$142,957, +27.67% from previous year)
- 2023: $635,551 (โ$24,038, โ3.64% from previous year)
- 2024: $669,146 (+$33,595, +5.29% from previous year)
- 2025: $694,755 (+$25,609, +3.83% from previous year)
Huson demonstrated exceptional resilience during the recession, experiencing only minimal declines before resuming steady growth throughout the 2010s. The community maintained consistent mid-single-digit appreciation rates that accelerated during the pandemic years, with substantial increases of 35% and 28% in consecutive years. Unlike many Montana markets, Huson’s correction was relatively modest, and the market has resumed strong growth reaching $694,755 by 2025.
Huson โ Clark Fork River Valley Offers Rural Tranquility

Situated in the Clark Fork River valley west of Missoula, Huson provides residents with rural living while maintaining reasonable access to urban amenities and employment opportunities. This small unincorporated community sits along the river corridor surrounded by agricultural lands and forested hills, offering excellent fishing, hunting, and outdoor recreation access. The area’s scenic beauty and peaceful rural character have made it increasingly attractive to buyers seeking authentic Montana living experiences.
Huson’s appeal lies in its combination of natural beauty, recreational opportunities, and proximity to Missoula without the higher costs associated with in-town living. The Clark Fork River provides world-class fishing opportunities, while surrounding public lands offer extensive hunting and hiking access. The community has attracted families and retirees seeking larger properties and rural lifestyles while maintaining reasonable commuting distance to Missoula’s employment and cultural resources. This sustained demand for rural properties with river access and mountain recreation has driven consistent price appreciation that reflects the premium buyers place on this quintessential western Montana lifestyle.
16. Emigrant โ 151% Home Price Increase Since 2013

- 2013: $281,280
- 2014: $294,766 (+$13,487, +4.79% from previous year)
- 2015: $307,733 (+$12,966, +4.40% from previous year)
- 2016: $346,623 (+$38,890, +12.64% from previous year)
- 2017: $380,010 (+$33,387, +9.63% from previous year)
- 2018: $409,793 (+$29,783, +7.84% from previous year)
- 2019: $414,605 (+$4,812, +1.17% from previous year)
- 2020: $457,215 (+$42,610, +10.28% from previous year)
- 2021: $595,467 (+$138,252, +30.24% from previous year)
- 2022: $760,270 (+$164,803, +27.68% from previous year)
- 2023: $660,324 (โ$99,946, โ13.15% from previous year)
- 2024: $672,478 (+$12,154, +1.84% from previous year)
- 2025: $707,123 (+$34,645, +5.15% from previous year)
Emigrant has shown strong and consistent growth since data collection began in 2013, with particularly robust momentum building after 2016. The community maintained solid appreciation rates through the late 2010s before experiencing dramatic pandemic-era increases of 30% and 28% that pushed values above $760,000. Following a substantial correction in 2023, the market has resumed growth and reached new highs by 2025.
Emigrant โ Paradise Valley Gateway Offers Yellowstone Access

Located in the scenic Paradise Valley along the Yellowstone River, Emigrant serves as a northern gateway to Yellowstone National Park while offering some of the most spectacular mountain and river scenery in Montana. This small community sits approximately 30 miles north of the park’s entrance, providing residents with world-class fishing on the Yellowstone River and immediate access to the Absaroka-Beartooth Wilderness. The area’s combination of national park proximity and blue-ribbon trout fishing has made it a premier destination for outdoor enthusiasts and recreational property buyers.
Emigrant’s real estate market reflects its status as one of Montana’s most desirable rural locations, with properties offering both recreational access and investment potential. The community attracts buyers seeking authentic western experiences, from working ranches to riverside retreats that provide access to world-renowned fishing and hunting opportunities. The Paradise Valley’s reputation as a playground for celebrities and wealthy outdoor enthusiasts has elevated the area’s profile and driven sustained demand for properties in this spectacular setting. Limited development opportunities in the valley, combined with growing interest in western lifestyle properties, have created upward pressure on prices that shows little sign of moderating.
15. Kila โ 143% Home Price Increase Since 2010

- 2010: $291,461
- 2011: $256,569 (โ$34,892, โ11.97% from previous year)
- 2012: $227,086 (โ$29,482, โ11.49% from previous year)
- 2013: $235,406 (+$8,320, +3.66% from previous year)
- 2014: $264,065 (+$28,659, +12.17% from previous year)
- 2015: $282,224 (+$18,160, +6.88% from previous year)
- 2016: $303,111 (+$20,887, +7.40% from previous year)
- 2017: $320,280 (+$17,168, +5.66% from previous year)
- 2018: $345,489 (+$25,210, +7.87% from previous year)
- 2019: $369,591 (+$24,101, +6.98% from previous year)
- 2020: $397,847 (+$28,257, +7.65% from previous year)
- 2021: $551,368 (+$153,521, +38.59% from previous year)
- 2022: $747,284 (+$195,916, +35.53% from previous year)
- 2023: $676,712 (โ$70,573, โ9.44% from previous year)
- 2024: $706,580 (+$29,868, +4.41% from previous year)
- 2025: $709,420 (+$2,839, +0.40% from previous year)
Kila experienced severe recession-era declines, losing nearly 22% of its value between 2010 and 2012, before mounting an impressive recovery that gained momentum throughout the 2010s. The community showed exceptional growth during the pandemic years, with consecutive increases of 39% and 36% that pushed values above $747,000. Following a correction in 2023, the market has stabilized with modest continued growth reaching $709,420 by 2025.
Kila โ Rural Flathead Valley Community Offers Mountain Access

Located in the northern Flathead Valley approximately 15 miles northwest of Kalispell, Kila provides residents with rural living while maintaining access to regional employment and amenities. This small unincorporated community sits in a scenic valley surrounded by the Cabinet Mountains and Glacier National Park, offering exceptional access to hiking, fishing, hunting, and other outdoor recreation activities. The area’s combination of mountain scenery, forest access, and relative affordability has made it increasingly attractive to buyers seeking authentic Montana mountain living.
Kila’s appeal stems from its position as a gateway to some of northwestern Montana’s most pristine wilderness areas, while still providing reasonable access to Kalispell’s services and employment opportunities. The community offers larger lot sizes and more affordable housing options compared to lakefront areas, attracting families and outdoor enthusiasts who prioritize recreation access over urban conveniences. The surrounding Kootenai National Forest provides extensive public land access for year-round activities, while the area’s rural character appeals to buyers seeking privacy and space. This combination of wilderness access, mountain living, and relative value has created sustained demand that continues to drive appreciation in this authentic Montana setting.
14. Silver Gate โ 185% Home Price Increase Since 2013

- 2013: $253,452
- 2014: $266,210 (+$12,757, +5.03% from previous year)
- 2015: $278,303 (+$12,093, +4.54% from previous year)
- 2016: $343,843 (+$65,540, +23.55% from previous year)
- 2017: $375,985 (+$32,142, +9.35% from previous year)
- 2018: $420,056 (+$44,071, +11.72% from previous year)
- 2019: $407,568 (โ$12,488, โ2.97% from previous year)
- 2020: $441,880 (+$34,312, +8.42% from previous year)
- 2021: $560,530 (+$118,650, +26.85% from previous year)
- 2022: $709,913 (+$149,383, +26.65% from previous year)
- 2023: $603,173 (โ$106,740, โ15.04% from previous year)
- 2024: $650,870 (+$47,697, +7.91% from previous year)
- 2025: $722,230 (+$71,360, +10.96% from previous year)
Silver Gate showed strong momentum building after 2016, with particularly robust growth in the late 2010s despite a brief dip in 2019. The pandemic years brought substantial increases of 27% in both 2021 and 2022, pushing values above $709,000. After a significant correction in 2023, the market has shown remarkable recovery with strong double-digit growth returning values to new highs by 2025.
Silver Gate โ Yellowstone’s Northeast Gateway Commands Premium

Positioned at the northeast entrance to Yellowstone National Park, Silver Gate represents one of the most exclusive and remote gateway communities to America’s first national park. This tiny Montana town of fewer than 25 year-round residents transforms during peak seasons as it provides the only year-round road access to Yellowstone’s Lamar Valley, renowned as America’s Serengeti for its exceptional wildlife viewing opportunities. The community’s unique position as a gateway to the park’s most pristine wilderness areas has made it exceptionally attractive to buyers seeking authentic park access experiences.
Silver Gate’s real estate market reflects the extreme scarcity of properties in this remote location, where development is constrained by national park and forest boundaries. The community appeals to buyers seeking vacation properties with unparalleled wildlife viewing and outdoor recreation access, including world-class fishing, hiking, and wildlife photography opportunities. The area’s isolation and harsh winters ensure that property ownership here represents a commitment to authentic wilderness living rather than casual vacation use. This combination of extreme scarcity, park access, and wilderness character has created a unique market where properties command premium prices despite the challenges of remote mountain living.
13. Gardiner โ 156% Home Price Increase Since 2013

- 2013: $282,578
- 2014: $293,422 (+$10,844, +3.84% from previous year)
- 2015: $311,199 (+$17,777, +6.06% from previous year)
- 2016: $378,005 (+$66,806, +21.47% from previous year)
- 2017: $410,913 (+$32,907, +8.71% from previous year)
- 2018: $481,260 (+$70,348, +17.12% from previous year)
- 2019: $467,724 (โ$13,536, โ2.81% from previous year)
- 2020: $490,735 (+$23,012, +4.92% from previous year)
- 2021: $627,622 (+$136,887, +27.89% from previous year)
- 2022: $801,654 (+$174,032, +27.73% from previous year)
- 2023: $690,122 (โ$111,532, โ13.91% from previous year)
- 2024: $714,459 (+$24,336, +3.53% from previous year)
- 2025: $722,866 (+$8,408, +1.18% from previous year)
Gardiner demonstrated accelerating growth beginning in 2016, with particularly strong momentum through 2018 that included a remarkable 17% increase. The pandemic years brought exceptional growth of 28% in both 2021 and 2022, pushing values above $801,000. Despite a substantial correction in 2023, the market has resumed growth and reached new highs, demonstrating the underlying strength of this unique location.
Gardiner โ Historic Park Gateway Offers Year-Round Access

Located at Yellowstone National Park’s north entrance, Gardiner holds the distinction of being the park’s original and only year-round entrance, making it one of America’s most historically significant gateway communities. This small town of approximately 875 residents sits along the Yellowstone River in a dramatic canyon setting, providing residents with immediate access to the park’s thermal features, wildlife viewing, and recreational opportunities. The community’s role as Yellowstone’s primary winter access point has made it particularly valuable to outdoor enthusiasts and tourism-related businesses.
Gardiner’s real estate market benefits from its unique position as the most accessible Yellowstone gateway community, with infrastructure and services that support year-round tourism and outdoor recreation. The town attracts buyers seeking properties that can serve both as personal residences and tourism-related investments, given the constant flow of park visitors through the community. The area’s combination of park access, river recreation, and historic significance has created sustained demand from buyers willing to pay premium prices for properties in this iconic western setting. Limited developable land and strict zoning regulations help maintain property values while preserving the community’s character as a authentic gateway to America’s premier national park.
12. Bozeman โ 181% Home Price Increase Since 2010

- 2010: $262,157
- 2011: $253,115 (โ$9,043, โ3.45% from previous year)
- 2012: $262,097 (+$8,983, +3.55% from previous year)
- 2013: $283,049 (+$20,951, +7.99% from previous year)
- 2014: $302,663 (+$19,615, +6.93% from previous year)
- 2015: $326,109 (+$23,445, +7.75% from previous year)
- 2016: $368,649 (+$42,540, +13.04% from previous year)
- 2017: $403,213 (+$34,564, +9.38% from previous year)
- 2018: $443,430 (+$40,217, +9.97% from previous year)
- 2019: $462,142 (+$18,712, +4.22% from previous year)
- 2020: $501,433 (+$39,290, +8.50% from previous year)
- 2021: $643,809 (+$142,377, +28.39% from previous year)
- 2022: $742,834 (+$99,025, +15.38% from previous year)
- 2023: $703,931 (โ$38,903, โ5.24% from previous year)
- 2024: $753,584 (+$49,653, +7.05% from previous year)
- 2025: $737,862 (โ$15,722, โ2.09% from previous year)
Bozeman has shown remarkable consistency and strength as Montana’s premier growth market, recovering quickly from minimal recession-era declines and maintaining robust appreciation through most periods. The city demonstrated accelerating growth through the 2010s, culminating in dramatic pandemic-era increases that pushed values above $742,000. Despite recent volatility, median home values approaching $738,000 represent nearly triple the 2010 baseline, reflecting Bozeman’s transformation into one of the Mountain West’s most desirable communities.
Bozeman โ University Town Drives Statewide Price Leadership

As home to Montana State University and the economic center of the rapidly growing Gallatin Valley, Bozeman has emerged as Montana’s most dynamic real estate market and the state’s unofficial capital of the new economy. This city of approximately 53,000 residents combines university town amenities with exceptional outdoor recreation access, world-class skiing, and a thriving technology sector that has attracted businesses and remote workers from across the country. The presence of MSU provides cultural and educational amenities while supporting a diverse economy that extends far beyond traditional Montana industries.
Bozeman’s appeal as a destination for educated professionals, entrepreneurs, and outdoor enthusiasts has created unprecedented demand that consistently outpaces housing supply. The city offers an rare combination of intellectual culture, outdoor recreation access, and economic opportunity that has made it a magnet for relocating professionals seeking quality of life improvements. Proximity to Yellowstone National Park, world-class skiing at Bridger Bowl and Big Sky, and extensive hiking and fishing opportunities provide year-round recreation, while the university and growing tech sector ensure economic stability. This unique combination of factors has established Bozeman as Montana’s premier real estate market, where sustained demand continues to drive prices to levels that reflect the community’s status as one of America’s most desirable small cities.
11. Bigfork โ 131% Home Price Increase Since 2010

- 2010: $333,456
- 2011: $303,499 (โ$29,957, โ8.98% from previous year)
- 2012: $278,759 (โ$24,740, โ8.15% from previous year)
- 2013: $287,644 (+$8,885, +3.19% from previous year)
- 2014: $305,276 (+$17,631, +6.13% from previous year)
- 2015: $321,608 (+$16,333, +5.35% from previous year)
- 2016: $337,094 (+$15,485, +4.81% from previous year)
- 2017: $345,845 (+$8,752, +2.60% from previous year)
- 2018: $376,100 (+$30,255, +8.75% from previous year)
- 2019: $393,567 (+$17,467, +4.64% from previous year)
- 2020: $417,516 (+$23,949, +6.09% from previous year)
- 2021: $579,344 (+$161,828, +38.76% from previous year)
- 2022: $804,128 (+$224,785, +38.80% from previous year)
- 2023: $726,786 (โ$77,342, โ9.62% from previous year)
- 2024: $765,403 (+$38,617, +5.31% from previous year)
- 2025: $770,163 (+$4,760, +0.62% from previous year)
Bigfork experienced significant recession-era declines, losing over 16% of its value between 2010 and 2012, before beginning a steady recovery that gained momentum through the 2010s. The pandemic years brought extraordinary growth, with consecutive 39% increases in 2021 and 2022 that pushed values above $804,000. Following a notable correction in 2023, the market has stabilized near $770,000, representing more than double the 2010 starting point.
Bigfork โ Flathead Lake Arts Community Commands Premium

Situated on the shores of Flathead Lake’s northeastern bay, Bigfork has established itself as northwestern Montana’s premier arts and cultural destination while maintaining its appeal as a recreational paradise. This charming community of approximately 4,300 residents combines small-town character with sophisticated amenities, including the renowned Bigfork Summer Playhouse, numerous art galleries, and upscale dining establishments that attract visitors from across the region. The town’s position on Flathead Lake provides exceptional water recreation opportunities while the surrounding Swan and Mission mountains offer world-class hiking and skiing access.
Bigfork’s real estate market reflects its status as one of Montana’s most desirable resort communities, where lakefront properties and downtown locations command premium prices. The community attracts affluent buyers seeking both vacation properties and primary residences in a setting that combines natural beauty with cultural amenities rare in rural Montana. The town’s reputation as an arts destination, combined with its spectacular lake and mountain setting, has created sustained demand from buyers willing to pay substantial premiums for properties in this unique mountain resort environment. Limited developable land around the lake and strict zoning regulations help maintain property values while preserving the community’s character as an upscale mountain resort destination.
10. Elmo โ 131% Home Price Increase Since 2013

- 2013: $334,213
- 2014: $349,739 (+$15,526, +4.65% from previous year)
- 2015: $362,245 (+$12,506, +3.58% from previous year)
- 2016: $366,680 (+$4,435, +1.22% from previous year)
- 2017: $384,501 (+$17,821, +4.86% from previous year)
- 2018: $382,784 (โ$1,717, โ0.45% from previous year)
- 2019: $409,842 (+$27,058, +7.07% from previous year)
- 2020: $430,232 (+$20,389, +4.97% from previous year)
- 2021: $555,449 (+$125,217, +29.10% from previous year)
- 2022: $741,393 (+$185,945, +33.48% from previous year)
- 2023: $709,704 (โ$31,689, โ4.27% from previous year)
- 2024: $778,250 (+$68,546, +9.66% from previous year)
- 2025: $770,460 (โ$7,790, โ1.00% from previous year)
Elmo has demonstrated steady but moderate growth through most periods since 2013, with relatively flat performance through the mid-2010s before gaining momentum in 2019. The pandemic years brought spectacular growth of 29% and 33% in consecutive years, pushing values above $741,000. Despite some recent volatility, the market has maintained values near $770,000, representing more than double the 2013 baseline.
Elmo โ Secluded Flathead Lake Sanctuary Attracts Elite Buyers

Located on the western shore of Flathead Lake in a particularly secluded and scenic section, Elmo offers some of the most exclusive lakefront living opportunities in northwestern Montana. This small community provides residents with pristine lake access while maintaining an atmosphere of privacy and tranquility that appeals to buyers seeking retreat-style properties. The area’s combination of dramatic mountain backdrops, crystal-clear lake waters, and limited development has made it a preferred destination for affluent buyers seeking authentic Montana lake experiences.
Elmo’s real estate market reflects the premium that discerning buyers place on privacy, natural beauty, and exclusive lake access. The community attracts high-end vacation property buyers and retirees who prioritize quality over quantity, seeking properties that offer both recreational opportunities and investment potential. The area’s relative isolation ensures a peaceful atmosphere while still providing reasonable access to regional amenities and services. This combination of exclusivity, natural beauty, and limited supply has created a market where properties command exceptional prices, reflecting Elmo’s status as one of Flathead Lake’s most prestigious residential destinations.
9. Garrison โ 113% Home Price Increase Since 2016

- 2016: $379,042
- 2017: $396,347 (+$17,305, +4.57% from previous year)
- 2018: $403,613 (+$7,266, +1.83% from previous year)
- 2019: $403,440 (โ$174, โ0.04% from previous year)
- 2020: $415,023 (+$11,583, +2.87% from previous year)
- 2021: $551,545 (+$136,522, +32.90% from previous year)
- 2022: $702,729 (+$151,184, +27.41% from previous year)
- 2023: $659,212 (โ$43,516, โ6.19% from previous year)
- 2024: $738,562 (+$79,349, +12.04% from previous year)
- 2025: $809,141 (+$70,580, +9.56% from previous year)
Garrison showed modest growth through the late 2010s, with relatively flat performance before the dramatic pandemic-era surge that brought increases of 33% and 27% in consecutive years. Following a correction in 2023, the market has demonstrated remarkable strength with robust double-digit growth in both 2024 and 2025, pushing values above $809,000 and representing more than double the 2016 baseline.
Garrison โ Remote Helena Valley Hideaway Commands Premium

Positioned in a scenic valley east of Helena near the Little Blackfoot River, Garrison offers residents exceptional privacy and rural character while maintaining reasonable access to the state capital’s amenities and employment opportunities. This small unincorporated community sits surrounded by rolling hills and agricultural lands, providing a peaceful retreat setting that appeals to buyers seeking authentic Montana ranch country experiences. The area’s combination of scenic beauty, wildlife habitat, and proximity to Helena has made it increasingly attractive to affluent buyers seeking large properties with privacy and recreational opportunities.
Garrison’s real estate market benefits from its appeal to buyers seeking substantial acreage and rural lifestyle amenities without complete isolation from urban services. The community attracts professionals and retirees who value privacy and space, often featuring properties with significant acreage that support horses, wildlife viewing, and outdoor recreation activities. The area’s relatively undiscovered status compared to more famous Montana destinations has created opportunities for buyers seeking value in authentic ranch country settings. This combination of privacy, scenic beauty, and Helena accessibility has driven sustained appreciation that reflects the premium buyers place on this quintessential Montana rural lifestyle.
8. Lakeside โ 99% Home Price Increase Since 2010

- 2010: $424,082
- 2011: $379,309 (โ$44,773, โ10.56% from previous year)
- 2012: $338,902 (โ$40,407, โ10.65% from previous year)
- 2013: $349,119 (+$10,217, +3.01% from previous year)
- 2014: $392,068 (+$42,950, +12.30% from previous year)
- 2015: $412,956 (+$20,887, +5.33% from previous year)
- 2016: $413,106 (+$151, +0.04% from previous year)
- 2017: $421,676 (+$8,569, +2.07% from previous year)
- 2018: $438,080 (+$16,404, +3.89% from previous year)
- 2019: $456,954 (+$18,875, +4.31% from previous year)
- 2020: $482,047 (+$25,092, +5.49% from previous year)
- 2021: $637,924 (+$155,877, +32.34% from previous year)
- 2022: $895,239 (+$257,315, +40.34% from previous year)
- 2023: $802,032 (โ$93,207, โ10.41% from previous year)
- 2024: $854,396 (+$52,364, +6.53% from previous year)
- 2025: $842,288 (โ$12,108, โ1.42% from previous year)
Lakeside experienced severe recession-era declines, losing over 20% of its value between 2010 and 2012, before mounting a gradual recovery through the 2010s. The pandemic years brought extraordinary growth, including a remarkable 40% increase in 2022 that pushed values above $895,000. Despite recent volatility and corrections, current values near $842,000 represent nearly double the 2010 starting point, reflecting the enduring appeal of this premier lake community.
Lakeside โ Flathead Lake’s Western Shore Epitomizes Luxury Living

Situated along Flathead Lake’s pristine western shoreline, Lakeside represents one of northwestern Montana’s most exclusive residential destinations, offering unparalleled lake access and mountain scenery. This upscale community provides residents with direct access to the lake’s crystal-clear waters while maintaining a sophisticated atmosphere that attracts affluent buyers from across the country. The area’s combination of luxury amenities, recreational opportunities, and stunning natural beauty has established it as a premier destination for high-end vacation properties and luxury primary residences.
Lakeside’s real estate market reflects its status as one of Montana’s most prestigious lakefront communities, where waterfront properties regularly command prices exceeding $1 million. The community attracts successful professionals, entrepreneurs, and retirees who prioritize quality of life and recreational access, often seeking properties that can serve as both personal retreats and investment assets. The area’s reputation for exclusivity, combined with limited developable lakefront land and strict zoning regulations, creates natural scarcity that supports premium pricing. This combination of luxury amenities, recreational paradise setting, and investment potential has made Lakeside a benchmark for high-end Montana real estate, where properties represent the pinnacle of mountain lake living.
7. Whitefish โ 164% Home Price Increase Since 2010

- 2010: $326,148
- 2011: $293,855 (โ$32,293, โ9.90% from previous year)
- 2012: $272,135 (โ$21,720, โ7.39% from previous year)
- 2013: $280,713 (+$8,578, +3.15% from previous year)
- 2014: $302,504 (+$21,791, +7.76% from previous year)
- 2015: $326,714 (+$24,210, +8.00% from previous year)
- 2016: $349,578 (+$22,864, +7.00% from previous year)
- 2017: $373,901 (+$24,323, +6.96% from previous year)
- 2018: $389,272 (+$15,371, +4.11% from previous year)
- 2019: $410,412 (+$21,140, +5.43% from previous year)
- 2020: $447,657 (+$37,245, +9.07% from previous year)
- 2021: $640,080 (+$192,423, +42.98% from previous year)
- 2022: $934,672 (+$294,592, +46.02% from previous year)
- 2023: $825,020 (โ$109,653, โ11.73% from previous year)
- 2024: $866,328 (+$41,309, +5.01% from previous year)
- 2025: $860,716 (โ$5,612, โ0.65% from previous year)
Whitefish experienced significant recession-era declines before mounting a strong recovery that gained consistent momentum through the 2010s. The pandemic years brought spectacular growth, with consecutive increases of 43% and 46% that pushed values above $934,000. Despite a substantial correction in 2023 and recent modest declines, current values near $860,000 represent an impressive 164% increase from the 2010 baseline, reflecting Whitefish’s status as one of Montana’s premier resort destinations.
Whitefish โ Premier Ski Resort Town Sets Montana Standard

As home to Whitefish Mountain Resort and one of Montana’s most sophisticated resort communities, Whitefish has established itself as the state’s premier year-round recreational destination. This vibrant city of approximately 8,500 residents combines world-class skiing with exceptional summer recreation, including proximity to Glacier National Park and Flathead Lake. The community offers an rare combination of outdoor recreation, cultural amenities, and dining that rivals major resort destinations across the Mountain West, making it highly attractive to affluent buyers seeking both recreational opportunities and investment potential.
Whitefish’s real estate market reflects its status as Montana’s most developed and sophisticated resort community, where properties command premium prices for their recreation access and lifestyle amenities. The city attracts wealthy vacation property buyers and retirees from major metropolitan areas who seek authentic mountain resort experiences with luxury conveniences. The combination of world-class skiing, lake access, national park proximity, and sophisticated dining and cultural scene has created sustained demand from buyers willing to pay substantial premiums for properties in this premier mountain destination. Limited developable land and strong growth management policies help maintain property values while preserving the community’s character as Montana’s flagship resort destination.
6. Cameron โ 127% Home Price Increase Since 2016

- 2016: $391,664
- 2017: $420,923 (+$29,258, +7.47% from previous year)
- 2018: $479,701 (+$58,778, +13.96% from previous year)
- 2019: $506,986 (+$27,286, +5.69% from previous year)
- 2020: $532,333 (+$25,346, +5.00% from previous year)
- 2021: $708,898 (+$176,565, +33.17% from previous year)
- 2022: $890,476 (+$181,578, +25.61% from previous year)
- 2023: $829,714 (โ$60,763, โ6.82% from previous year)
- 2024: $879,040 (+$49,326, +5.94% from previous year)
- 2025: $888,737 (+$9,698, +1.10% from previous year)
Cameron has demonstrated exceptional and consistent growth since data collection began in 2016, with particularly strong momentum building through 2018. The community maintained solid appreciation through 2020 before experiencing dramatic pandemic-era increases of 33% and 26% that pushed values above $890,000. Following a correction in 2023, the market has resumed growth and reached new highs, with current values representing more than double the 2016 baseline.
Cameron โ Madison Valley Paradise Attracts Elite Anglers

Located in the heart of the Madison Valley along one of America’s most famous trout streams, Cameron occupies a premier position for fly fishing enthusiasts and outdoor recreation seekers. This small community sits surrounded by some of the world’s most productive trout waters, including the Madison River and nearby spring creeks that attract serious anglers from around the globe. The area’s combination of blue-ribbon fishing, spectacular mountain scenery, and proximity to Yellowstone National Park has made it a highly sought-after destination for recreational property buyers and fishing lodge investments.
Cameron’s real estate market reflects the premium that affluent outdoor enthusiasts place on access to world-class fishing and authentic Montana ranch country experiences. The community attracts successful professionals and entrepreneurs who prioritize recreational access and natural beauty, often seeking properties that can serve as both personal retreats and potential business ventures in the outdoor recreation industry. The area’s reputation among serious anglers, combined with limited development opportunities in this remote valley location, creates natural scarcity that supports exceptional property values. This combination of recreational paradise setting, fishing reputation, and investment potential has established Cameron as one of Montana’s most exclusive fishing destinations, where properties command prices that reflect their status as gateways to angling nirvana.
5. Big Arm โ 125% Home Price Increase Since 2013

- 2013: $403,231
- 2014: $421,191 (+$17,960, +4.45% from previous year)
- 2015: $417,217 (โ$3,974, โ0.94% from previous year)
- 2016: $416,284 (โ$933, โ0.22% from previous year)
- 2017: $440,849 (+$24,565, +5.90% from previous year)
- 2018: $458,135 (+$17,286, +3.92% from previous year)
- 2019: $480,871 (+$22,735, +4.96% from previous year)
- 2020: $490,912 (+$10,041, +2.09% from previous year)
- 2021: $654,743 (+$163,831, +33.37% from previous year)
- 2022: $879,504 (+$224,760, +34.33% from previous year)
- 2023: $831,717 (โ$47,786, โ5.43% from previous year)
- 2024: $939,829 (+$108,111, +13.00% from previous year)
- 2025: $906,007 (โ$33,821, โ3.60% from previous year)
Big Arm showed relatively flat performance through the mid-2010s before gaining momentum in 2017 and maintaining steady growth through 2020. The pandemic years brought explosive growth of 33% and 34% in consecutive years, pushing values above $879,000. Despite some volatility in recent years, current values near $906,000 represent more than double the 2013 baseline, reflecting the community’s status as a premier Flathead Lake destination.
Big Arm โ Flathead Lake’s Southern Peninsula Commands Elite Status

Positioned on a scenic peninsula extending into Flathead Lake’s southern waters, Big Arm offers some of the most exclusive and dramatic lakefront living opportunities in northwestern Montana. This small community provides residents with panoramic lake views and exceptional water access while maintaining an atmosphere of exclusivity that appeals to the region’s most affluent buyers. The area’s unique geography creates stunning vistas in multiple directions while providing sheltered bays and coves that enhance both recreational opportunities and property values.
Big Arm’s real estate market reflects the extreme premium that discerning buyers place on prime Flathead Lake frontage and unobstructed water views. The community attracts high-net-worth individuals seeking trophy properties that combine recreational access with investment potential, often featuring custom luxury homes designed to maximize the spectacular lake and mountain settings. The peninsula’s limited developable land and stringent environmental protections create natural scarcity that supports exceptional property values, while the area’s reputation for exclusivity ensures sustained demand from buyers willing to pay premium prices for Montana’s most coveted waterfront addresses. This combination of geographic uniqueness, luxury amenities, and investment appeal has established Big Arm as the pinnacle of Flathead Lake living.
4. Pray โ 98% Home Price Increase Since 2016

- 2016: $489,130
- 2017: $534,700 (+$45,570, +9.32% from previous year)
- 2018: $574,429 (+$39,729, +7.43% from previous year)
- 2019: $590,425 (+$15,996, +2.78% from previous year)
- 2020: $646,569 (+$56,145, +9.51% from previous year)
- 2021: $840,027 (+$193,458, +29.92% from previous year)
- 2022: $1,042,938 (+$202,910, +24.16% from previous year)
- 2023: $891,455 (โ$151,483, โ14.52% from previous year)
- 2024: $955,730 (+$64,275, +7.21% from previous year)
- 2025: $971,645 (+$15,915, +1.67% from previous year)
Pray has demonstrated strong and consistent growth since data collection began in 2016, with solid momentum building through 2020. The pandemic years brought exceptional growth of 30% and 24% that pushed values above $1 million for the first time. Despite a significant correction in 2023, the market has resumed growth and maintained values near $971,000, representing nearly double the 2016 baseline and reflecting the area’s status as an elite mountain destination.
Pray โ Paradise Valley’s Northern Gateway Attracts Celebrity Investment

Located at the northern entrance to Paradise Valley along the Yellowstone River, Pray occupies a strategic position that combines spectacular mountain scenery with world-class recreational access and proximity to both Bozeman and Yellowstone National Park. This small community sits in one of Montana’s most famous valleys, known for its dramatic mountain backdrops, blue-ribbon trout fishing, and celebrity residents who have discovered the area’s unique combination of natural beauty and privacy. The valley’s reputation as a playground for the wealthy and famous has elevated property values throughout the region.
Pray’s real estate market benefits from its position as a gateway to Paradise Valley while offering more accessible pricing than properties deeper in the valley. The community attracts affluent buyers seeking authentic Montana ranch experiences with exceptional recreational access, including world-renowned fishing on the Yellowstone River and immediate access to wilderness areas. The area’s growing reputation among high-profile residents and outdoor enthusiasts has created sustained demand from buyers willing to pay premium prices for properties that offer both recreational paradise and potential proximity to celebrity neighbors. This combination of scenic beauty, recreational access, and social cachet has driven sustained appreciation that reflects Pray’s status as an entry point to one of America’s most exclusive mountain valleys.
3. Gallatin Gateway โ 232% Home Price Increase Since 2010

- 2010: $317,455
- 2011: $307,087 (โ$10,368, โ3.27% from previous year)
- 2012: $321,792 (+$14,706, +4.79% from previous year)
- 2013: $348,209 (+$26,417, +8.21% from previous year)
- 2014: $371,655 (+$23,446, +6.73% from previous year)
- 2015: $384,907 (+$13,252, +3.57% from previous year)
- 2016: $411,212 (+$26,305, +6.83% from previous year)
- 2017: $454,179 (+$42,966, +10.45% from previous year)
- 2018: $531,202 (+$77,024, +16.96% from previous year)
- 2019: $548,654 (+$17,452, +3.29% from previous year)
- 2020: $601,627 (+$52,973, +9.65% from previous year)
- 2021: $812,355 (+$210,729, +35.03% from previous year)
- 2022: $985,532 (+$173,177, +21.32% from previous year)
- 2023: $897,788 (โ$87,744, โ8.90% from previous year)
- 2024: $1,038,119 (+$140,331, +15.63% from previous year)
- 2025: $1,052,884 (+$14,765, +1.42% from previous year)
Gallatin Gateway has shown exceptional long-term performance, recovering quickly from minimal recession-era declines and demonstrating accelerating growth through the 2010s. The community experienced particularly strong momentum from 2017 onwards, culminating in dramatic pandemic-era increases that pushed values above $985,000. Despite a correction in 2023, the market has resumed robust growth and reached new highs above $1 million, representing more than triple the 2010 baseline.
Gallatin Gateway โ Historic Railroad Town Becomes Million-Dollar Market

Situated at the mouth of Gallatin Canyon and serving as the historic gateway to Yellowstone National Park, Gallatin Gateway combines rich railroad heritage with modern appeal as a premier recreational destination. This small community of approximately 900 residents sits strategically positioned between Bozeman and Big Sky Resort, providing residents with access to both urban amenities and world-class mountain recreation. The town’s historic depot and surrounding development reflect its heritage as the original railroad terminus for Yellowstone visitors, while modern infrastructure supports today’s recreation-focused economy.
Gallatin Gateway’s real estate market has been transformed by its position as a more affordable alternative to Big Sky while maintaining exceptional access to skiing, fishing, and mountain recreation. The community attracts buyers seeking mountain living with reasonable commuting access to Bozeman’s employment and cultural amenities, while avoiding the extreme pricing of nearby resort destinations. The area’s combination of historic character, recreational access, and relative value compared to Big Sky has created sustained demand from buyers ranging from young professionals to affluent retirees. This unique positioning as an accessible entry point to Gallatin Canyon’s recreational paradise has driven the exceptional appreciation that has pushed median home values above $1 million, reflecting the premium buyers place on this strategic mountain location.
2. Rollins โ 180% Home Price Increase Since 2013

- 2013: $450,181
- 2014: $483,114 (+$32,933, +7.32% from previous year)
- 2015: $498,267 (+$15,152, +3.14% from previous year)
- 2016: $511,700 (+$13,433, +2.70% from previous year)
- 2017: $534,346 (+$22,646, +4.43% from previous year)
- 2018: $540,716 (+$6,369, +1.19% from previous year)
- 2019: $558,023 (+$17,308, +3.20% from previous year)
- 2020: $562,456 (+$4,432, +0.79% from previous year)
- 2021: $771,276 (+$208,821, +37.13% from previous year)
- 2022: $1,091,832 (+$320,555, +41.56% from previous year)
- 2023: $1,077,445 (โ$14,387, โ1.32% from previous year)
- 2024: $1,251,883 (+$174,439, +16.19% from previous year)
- 2025: $1,260,604 (+$8,720, +0.70% from previous year)
Rollins demonstrated steady but modest growth through most of the 2010s before experiencing extraordinary pandemic-era increases of 37% and 42% that pushed values above $1 million. Unlike many Montana markets, Rollins showed minimal correction in 2023 and has continued strong growth, reaching $1.26 million by 2025. This represents an impressive 180% increase from the 2013 baseline, reflecting the community’s emergence as one of Montana’s most exclusive residential destinations.
Rollins โ Flathead Lake’s Premier Luxury Enclave

Positioned on one of Flathead Lake’s most scenic and exclusive shoreline sections, Rollins represents the pinnacle of luxury lakefront living in northwestern Montana. This small, highly exclusive community provides residents with pristine lake access, stunning mountain views, and an atmosphere of sophistication that attracts the region’s most affluent buyers. The area’s combination of natural beauty, privacy, and luxury amenities has established it as the preferred destination for high-net-worth individuals seeking the ultimate Montana lake experience.
Rollins’ real estate market reflects the extreme premium that elite buyers place on the most exclusive Flathead Lake frontage and luxury amenities. The community attracts successful entrepreneurs, celebrities, and wealthy retirees who demand the highest quality in both natural setting and residential amenities, often featuring multi-million-dollar custom estates designed to maximize the spectacular lake and mountain views. The area’s reputation for exclusivity, combined with severely limited development opportunities and strict zoning protections, creates exceptional scarcity that supports the highest property values in the region. This combination of natural paradise, luxury living, and elite exclusivity has established Rollins as Montana’s most prestigious lakefront community, where properties represent the ultimate achievement in mountain lake luxury living.
1. Big Sky โ 148% Home Price Increase Since 2016

- 2016: $758,317
- 2017: $844,223 (+$85,907, +11.33% from previous year)
- 2018: $1,009,721 (+$165,497, +19.60% from previous year)
- 2019: $1,035,972 (+$26,251, +2.60% from previous year)
- 2020: $1,144,406 (+$108,434, +10.47% from previous year)
- 2021: $1,518,749 (+$374,343, +32.71% from previous year)
- 2022: $1,976,545 (+$457,796, +30.14% from previous year)
- 2023: $1,765,083 (โ$211,463, โ10.70% from previous year)
- 2024: $1,879,946 (+$114,863, +6.51% from previous year)
- 2025: $1,881,039 (+$1,093, +0.06% from previous year)
Big Sky has demonstrated exceptional growth since data collection began in 2016, with particularly strong momentum building through 2018 when values first exceeded $1 million. The pandemic years brought extraordinary growth of 33% and 30% that pushed median values above $1.9 million. Despite a correction in 2023, the market has stabilized near $1.88 million, representing a remarkable 148% increase from the 2016 baseline and cementing Big Sky’s position as Montana’s most expensive residential market.
Big Sky โ America’s Premier Mountain Resort Destination

As Montana’s flagship resort destination and one of America’s premier year-round mountain recreation communities, Big Sky represents the pinnacle of luxury mountain living in the Northern Rockies. This world-class resort community offers unparalleled skiing on the largest ski terrain in America, exceptional summer recreation access, and luxury amenities that rival the most exclusive destinations in Colorado and Utah. The resort’s combination of pristine wilderness access, world-class recreational facilities, and sophisticated dining and lodging options has established it as a destination for the nation’s most affluent outdoor enthusiasts and luxury property buyers.
Big Sky’s real estate market reflects its status as one of America’s most exclusive mountain resort destinations, where luxury properties regularly command prices exceeding $2 million and ultra-luxury estates can reach $10 million or more. The community attracts billionaires, celebrities, and successful professionals from major metropolitan areas who seek the ultimate combination of recreational access, luxury amenities, and investment potential. The resort’s limited developable land, combined with exceptional natural beauty and world-class recreational facilities, creates extreme scarcity that supports the highest property values in Montana. This combination of luxury amenities, recreational paradise, and elite exclusivity has established Big Sky as the crown jewel of Montana real estate, where properties represent the ultimate achievement in American mountain resort living.