Markets/Montana/Missoula

Missoula, MT Real Estate Market 2026

Investor-grade market analytics for Missoula, Montana. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$552,397

+0.7% year-over-year

Est. Rental Yield

3.4%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Missoula Market Summary

Missoula, 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 7.79x well exceeds the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 3.36% is below average, suggesting this market is more suited for appreciation-driven strategies.

Affordability

Affordability Score32/100
Price-to-Income Ratio7.8x (national avg 4.8x)
Median Household Income$70,888

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Missoula, MT's primary climate exposure is wildfire (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Missoula dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

Missoula Real Estate Market Data 2026 | Lotlytics | Lotlytics