Market Intelligence Report — MT-500

Great Falls, MT

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MT-09
As of the latest 2026 data
Stabilizing

Median Listing

$430K
-0.7% YoY

Pending Ratio

0.46
+8.0% YoY

Active Inventory

215
-15.7% YoY

Median DOM

56 Days
-5.9% YoY

Primary Intelligence Tool — Sold Score™

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The Great Falls, MT, housing market is currently in a Stabilizing condition. Despite a year-over-year contraction of 15.7% in active listings, the pending ratio stands at 0.46, indicating a balanced demand absorption relative to supply. The median listing price has shown modest appreciation month-over-month.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

2.6%-0.6 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

85,029+0.4% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Great Falls market right now.

Inventory dynamics reveal a contraction in available supply, with active listings down 15.7% year-over-year and new listings declining 20.0% over the same period. While the median listing price experienced a slight year-over-year decline of 0.7%, it has seen a 1.1% increase month-over-month. The pending ratio has increased by 8.0% year-over-year, reflecting a modest strengthening of demand absorption.

Historical Analysis

Market Trends

Median Price

$430K+1.1% MoM

Active Inventory

215-15.7% YoY

Days on Market

56-5.9% YoY

Sold Score™

78+8.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

78
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.46 and contracting inventory, the pace of transactions suggests a balanced environment where neither party holds significant negotiating leverage. The sustained, albeit modest, demand absorption relative to available homes contributes to this equilibrium, maintaining price discipline rather than rapid value shifts.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

215 active listings represent the current floor, with new supply arriving at roughly 88 per month.

Pricing Pressure
13.9%

of active listings carry a price reduction, -10.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +7.4% year-over-year.

Absorption
0.46

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Great Falls, MT? Homes here are taking 3 days less to sell than last year.

Great Falls, MT is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
46%
Median Days on Market
56 days
Inventory YoY
−16%

Great Falls, MT is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Great Falls, MT
CBSA Code
24500
State
MT

ZIPs in Great Falls, MT

Sorted by active inventory · click a ZIP for its full report