Missoula, MT Foreclosures
How much do homes sell for in Missoula, MT?
The average home price is currently $648,419.
In Missoula, MT, how many homes are available?
There are currently 46 active home listings available in Missoula.
What’s the average rental cost in Missoula, MT?
The average rental price in Missoula is $1,751.
What is the most expensive home in Missoula?
The most expensive home sold in Missoula had a price of $18,716,265.
What is currently the cheapest priced home in Missoula, MT?
The cheapest home for sale in Missoula is priced at $12,258.
Living in Missoula, MT
Located in the picturesque mountains of western Montana, Missoula offers a unique blend of urban and outdoor lifestyles. With a vibrant downtown filled with shops, restaurants, and a thriving arts scene, the city is perfect for those seeking community and adventure. Access to excellent schools and recreational facilities make it an ideal place for families and young professionals alike.
Current Market Conditions in Missoula, MT
Missoula's real estate market has been experiencing steady growth, with increasing demand for both single-family homes and rental properties. As more people discover the charm and opportunities available in this mountain city, prices have been gradually climbing, making it a competitive market for buyers. Despite the rising prices, the number of homes sold remains healthy, indicating strong buyer interest and rising property values.
The current market condition shows that homes listed for sale tend to get multiple offers, especially in desirable neighborhoods. Inventory levels have been low, meaning buyers have fewer options, which continues to drive up prices. New construction is apparent but cannot keep pace with demand, leading to quicker sales of existing homes.
Home Value Estimator For Missoula, MT
There are currently 32,189 real estate properties
in Missoula, MT,
with a median automated valuation model (AVM) price
of $554,908.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Missoula, MT, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Missoula, MT,
is $648,419.00, with the most expensive house
in Missoula, MT, topping out
at $18,716,265.00 and the cheapest home
in Missoula, MT,
clocking in at $12,258.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Missoula, MT!
Rent Prices
In Missoula, MT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Missoula, MT, is on
a rollercoaster ride. The
average rent price in Missoula, MT,
is $1,751.00. Indeed, when looking to rent in
Missoula, MT, you can expect to pay as little
as $630.00 or as much
as $4,520.00,
with the average rent median estimated to
be $1,720.00. The good news is that finding
an affordable and desirable property to rent in Missoula, MT
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
