Market Intelligence Report — MT-500

Great Falls, MT

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

Ref. No: 2026-MT-08
As of the latest 2026 data
Accelerated

Median Listing

$425K
-2.3% YoY

Pending Ratio

0.53
+16.6% YoY

Active Inventory

210
-18.9% YoY

Median DOM

53 Days
+10.4% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's accelerated Great Falls market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Great Falls, MT.

Free ReportNo Sign-up~60 Seconds

The Great Falls market currently exhibits accelerated activity, driven by a pending ratio of 0.53 which represents a notable 16.6% increase year-over-year. This demand trend is occurring amidst a contracting inventory base, with active listings down 18.9% over the past year.

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

3.0%-0.2 pp YoY

Unemployment rate · Jul 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.

Active listings have decreased by 18.9% year-over-year, alongside a 6.9% reduction in new listings, contributing to a tighter supply environment. The median listing price has experienced a marginal 2.3% decline over the past year, despite a 1.8% month-over-month increase. Demand, as indicated by the pending ratio, has risen by 16.6% year-over-year, absorbing available inventory at a faster pace. Days on market have increased by 10.4% year-over-year, while the share of price reductions has decreased by 11.2%.

Historical Analysis

Market Trends

Median Price

$425K+1.8% MoM

Active Inventory

210-18.9% YoY

Days on Market

53+10.4% YoY

Sold Score™

73+16.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

73
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

The acceleration in pending activity relative to a shrinking inventory suggests increasing competition among prospective purchasers, indicating a faster pace of transaction. The contracting supply places more pressure on available properties, requiring greater price discipline from those seeking to acquire real estate. While days on market have extended, the significant year-over-year increase in the pending ratio underscores intensified absorption dynamics.

Luxury Segment

Observations from the luxury segment indicate a pronounced decline in average listing prices, down 10.2% year-over-year, notably higher than the 2.3% year-over-year decrease in median listing prices. Median $/sqft also saw a 1.4% decline year-over-year. This suggests a weakening in the higher price tiers relative to the broader market trend.

Supply Dynamics

210 active listings represent the current floor, with new supply arriving at roughly 108 per month.

Pricing Pressure
17.5%

of active listings carry a price reduction, -11.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.4% year-over-year.

Absorption
0.53

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Great Falls, MT? Homes here are taking 5 days longer 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
53%
Median Days on Market
53 days
Inventory YoY
−19%

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

Check my home's Sold Score

Prefer the data first? Get the monthly Great Falls, MT briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Great Falls, MT yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Great Falls market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Track your ZIP

Get the Sold Score for your exact ZIP code in your inbox each month.

One email per month when your ZIP's Sold Score is updated. Unsubscribe anytime.

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

Analysis FAQ
  • What is the current market condition in Great Falls?+

    As of the latest 2026 data, the Great Falls metro is classified as Accelerated. Pending ratio is 0.53 with median days on market at 53.

  • Are home prices dropping in Great Falls?+

    Median listing price is $425K, -2.3% year over year. 17.5% of active listings carry a price reduction.

  • How fast are homes selling in Great Falls?+

    The typical listing sits 53 days on market, a +10.4% change YoY. New listings are arriving at 108 per month.

  • What's happening in the Great Falls luxury market?+

    Observations from the luxury segment indicate a pronounced decline in average listing prices, down 10.2% year-over-year, notably higher than the 2.3% year-over-year decrease in median listing prices. Median $/sqft also saw a 1.4% decline year-over-year. This suggests a weakening in the higher price tiers relative to the broader market trend.

  • Where can I find a trusted Great Falls real estate expert?+

    Primpted maintains a vetted registry of Great Falls agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 24500 · 36mo history