SIALIMStatistical Intelligence for America's Local Investment Markets

Montana Housing Market Forecast — September 2026

Sialim tracks 7 Montana metros, forecasting home values next month, next quarter, and one year out from Zillow price history plus mortgage rates, inventory, and labor data.

Metros tracked
7
in Montana
Forecast to rise — September 2026
6
1 forecast to fall or hold
Average forecast change
+0.20%
across all Montana metros, next month
Largest metro
by size rank

Montana metros — September 2026

MetroCurrent valueForecast1-month changeRegime
Billings, MT$409,829$410,644+0.20%Stabilizing
Missoula, MT$574,631$575,774+0.20%Stabilizing
Bozeman, MT$700,705$702,491+0.26%Cooling
Kalispell, MT$650,765$653,302+0.39%Neutral
Great Falls, MT$342,484$342,770+0.08%Cooling
Helena, MT$475,936$477,132+0.25%Stabilizing
Butte, MT$289,223$289,195-0.01%Cooling

Frequently asked questions

Are Montana home prices rising or falling?

Of the 7 Montana metros Sialim tracks, 6 are forecast to rise in September 2026 and 1 are forecast to fall or hold. The average forecast change across the state is +0.20%.

What is the largest Montana metro by home value tracked here?

Billings, MT, with a typical home value of $409,829 as of the latest data.

Forecasts are model output, not advice. Data: Zillow ZHVI (© Zillow), Freddie Mac via FRED, US Bureau of Labor Statistics via FRED. Methodology.