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How competitive is the Missoula housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
39/100
YoY Challenging Market Conditions
Pending ratio
0.40
YoY contracts vs active
Inventory YoY
+0.1%
YoY active listings
Median DOM
51
YoY days on market
Price cuts
32.4%
YoY of active listings
Missoula is moderately competitive as of May 2026, with a Sold Score of 39/100 (Challenging Market Conditions). **Pending ratio** is 0.40 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +14.4% — more choices for buyers than a year ago. **Median days on market** is 51. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 32.4% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 39/100 (Challenging Market Conditions) · Pending ratio: 0.40 · Inventory YoY: +14.4% · Median days on market: 51 · Sellers cutting price: 32.4% · Median listing price: $737,500 (+9.3% YoY)

Missoula snapshot

As of the latest 2026 data
Median listing
$738K
YoY +0.1%
Active inventory
499
YoY +0.0%
Median DOM
54
YoY +0.3%
Pending ratio
0.38
YoY +0.0%
Price-reduced
17.8%
YoY -0.1%

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