Investor-grade market analytics for Kalispell, Montana. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$653,928
+0.7% year-over-year
3.6%
gross annual
-5.9%
base case (Zillow ZHVF)
-5.9% year-over-year
Migration: Top 14% nationally
In-migrants avg $90,888 AGI vs out-migrants $72,609
Opportunity Zone Market
1 ZIP codes in Kalispell are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Kalispell, MT is in a stabilization phase with 0.7% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability pressure is significant: the price-to-income ratio of 9.17x well exceeds the national average of 4.8x. Modest net positive migration (+341 returns/year) provides steady demand support. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 3.56% is below average, suggesting this market is more suited for appreciation-driven strategies.
12-month projection (Zillow ZHVF model)
Kalispell, MT's primary climate exposure is flooding (50/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.