40Alpha

Gallatin County, MT Housing Market Brief

county · MT · score computed October 2026

Balanced

What is Gallatin County, MT’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●15
Inventory Health25%
●91

Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band

Affordability20%
●2
Economic Strength20%
●68
Rental Yield15%
●3

Where is Gallatin County, MT in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Gallatin County, MT is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Gallatin County, MT?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Gallatin County, MT housing market data

MetricValueYoYSource
Median Sale Price$747K▼ -6%Redfin
Median Days on Market82 days▲ +49.1%Redfin
Months of Supply5.3▼ -7%Redfin
Homes for Sale940▲ +20.2%Redfin
Homes Sold178▲ +29.9%Redfin
Median Price / Sq Ft$383▼ -1%Redfin

How has Gallatin County, MT’s Alpha Score moved?

Now: 40
2-period trend
Median sale price · 12 mo

Markets like Gallatin County, MT

Frequently asked questions

Is Gallatin County, MT a buyer's or seller's market?

In the scores computed October 2026, Gallatin County, MT is classified as a Balanced Market, based on its Alpha Score of 40 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Gallatin County, MT?

The median sale price in Gallatin County, MT is $747K, having fallen 6% over the past year, according to Redfin.

How affordable is Gallatin County, MT?

Gallatin County, MT scores 2 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Gallatin County, MT's Alpha Score?

Gallatin County, MT's strongest dimension is Inventory Health (91/100) and its weakest is Affordability (2/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Gallatin County, MT? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.