Market Intelligence Report — MT-060

Kalispell, MT

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

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

Median Listing

$900K
-5.3% YoY

Pending Ratio

0.22
-1.7% YoY

Active Inventory

1,004
-5.7% YoY

Median DOM

74 Days
-2.6% YoY

Primary Intelligence Tool — Sold Score™

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Kalispell, MT currently registers as Very Weak, with a pending ratio of 0.22 indicating significantly diminished demand absorption relative to available inventory. This market condition reflects an environment where demand is severely lagging supply. The median listing price has seen a year-over-year contraction of 5.3%, settling at $899,900.

Local Market Signals

Source: FRED (St. Louis Fed)

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

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Kalispell market right now.

Active listings have experienced a year-over-year contraction of 5.7%, bringing the total to 1,004 units. Similarly, new listings decreased by 12.5% over the past year. The pending ratio stands at 0.22, representing a 1.7 percentage point decline year-over-year, which highlights ongoing weakness in demand. Median days on market remain elevated at 74 days, indicating a slower pace of transactions, although this is a 2.6% improvement compared to the prior year.

Stefanie Hanson
Stefanie Hanson
Independent

Local pricing and inventory dynamics across Kalispell shift block by block — happy to walk through what's actually closing.

Historical Analysis

Market Trends

Median Price

$900K+0.0% MoM

Active Inventory

1,004-5.7% YoY

Days on Market

74-2.6% YoY

Sold Score™

33-1.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

33
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

In this Very Weak market, the absorption pace is slow, creating significant inventory pressure for sellers. Price discipline is paramount, as the current environment suggests that upward price adjustments are largely unfeasible. Transaction dynamics will likely favor disciplined offers and protracted negotiation timelines.

Luxury Segment

The average listing price in Kalispell, MT is $1,670,364, notably higher than the median listing price of $899,900, suggesting a substantial spread between price tiers. Despite this, the average listing price has seen a marginal year-over-year increase of 0.3%, while the median $/sqft has risen by 0.1% to $438. No distinct luxury-segment signal in this dataset.

Supply Dynamics

1,004 active listings represent the current floor, with new supply arriving at roughly 196 per month.

Pricing Pressure
22.5%

of active listings carry a price reduction, -2.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.1% year-over-year.

Absorption
0.22

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Kalispell, MT? Buyer Demand Index is running at 22%.

Buyers have leverage in Kalispell, MT. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
22%
Median Days on Market
74 days
Inventory YoY
−6%

In a buyer's market, strategy beats timing. See how your home scores in Kalispell, MT and what moves the number.

See my Sold Score & selling strategy

Talk to a listing expert who is actively selling in Kalispell, MT.

Stefanie Hanson

Independent

How these recommendations are chosen →

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Metro Demographics

Metro Area
Kalispell, MT
CBSA Code
28060
State
MT

ZIPs in Kalispell, MT

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

Vetted Local Practitioners

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

    As of the latest 2026 data, the Kalispell metro is classified as Very Weak. Pending ratio is 0.22 with median days on market at 74.

  • Are home prices dropping in Kalispell?+

    Median listing price is $900K, -5.3% year over year. 22.5% of active listings carry a price reduction.

  • How fast are homes selling in Kalispell?+

    The typical listing sits 74 days on market, a -2.6% change YoY. New listings are arriving at 196 per month.

  • What's happening in the Kalispell luxury market?+

    The average listing price in Kalispell, MT is $1,670,364, notably higher than the median listing price of $899,900, suggesting a substantial spread between price tiers. Despite this, the average listing price has seen a marginal year-over-year increase of 0.3%, while the median $/sqft has risen by 0.1% to $438. No distinct luxury-segment signal in this dataset.

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

    Primpted maintains a vetted registry of Kalispell 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 28060 · 36mo history