Montana Housing Market in 2025: A Buyer’s Advantage
By: Brady Thomas Rice
In 2025, the Montana housing market is showing clear signs of favoring buyers, despite rising home prices across the state. Property values have climbed by 6.5%, pushing the median price to $540,100. While prices are higher, homes are taking significantly longer to sell, with the average listing staying on the market for 109 days. This prolonged timeline gives buyers more leverage and the opportunity to carefully evaluate their options.
The slower pace of sales has led to an increase in available homes, with inventory growing by 16.6%. This surge in listings provides potential buyers with a broader selection to choose from, making it easier to find a property that fits their needs. More homes are expected to hit the market, continuing this trend of greater choice for buyers.
Another indication that buyers are in a strong position is the fact that homes are no longer consistently selling above asking price. In fact, no homes in Montana sold for more than the asking price last month, signaling a decrease in bidding wars. As homes stay on the market longer, many sellers are adjusting their expectations, with price reductions becoming more common.
With a six-month supply of homes currently available, the market is balanced but still more favorable to buyers. This provides an ideal opportunity for those looking to purchase, as they can take their time and negotiate terms with more confidence. However, it’s important for buyers to remember to account for additional costs, such as moving expenses and home inspections, when planning their purchase.
In conclusion, the Montana housing market in 2025 is presenting an excellent opportunity for buyers. With more homes to choose from, longer timelines for decision-making, and reduced competition, buyers have the upper hand in securing a favorable deal.
About Brady Thomas Rice
Brady Thomas Rice is the President and Founder of The BTR Group, Inc., a firm specializing in international executive management services focused on capitalizing, developing, restructuring, and operating commercial real estate assets in complex markets. With two decades of experience, Mr. Rice is a seasoned expert in the real estate industry. He is currently leading and advising on projects in multiple jurisdictions across the US Mountain West including Montana, Utah, and Colorado along with international destination markets including Baja California Sur, Mexico and Canada.
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