41Alpha

Great Falls, MT metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Great Falls, MT metro area’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%
+10.641
Inventory Health25%
+14.748
Affordability20%
28
Economic Strength20%
No data
50
Rental Yield15%
31

Where is Great Falls, MT metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Great Falls, MT metro area is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Great Falls, MT metro area housing market data

MetricValueYoY
Median Sale Price$340K-6.8%
Median Days on Market51 days▲ +24.4%
Months of Supply3.7▲ +19.4%
Homes for Sale293-0.3%
Homes Sold79-16.8%
Median Price / Sq Ft$190-2%
Sale-to-List Ratio96.2%

How has Great Falls, MT metro area’s Alpha Score moved?

Now: 41
4-period trend
Median sale price · 12 mo

Markets like Great Falls, MT metro area

Frequently asked questions

Is Great Falls, MT metro area a buyer's or seller's market?

As of May 2026, Great Falls, MT metro area is classified as a Balanced Market, based on its Alpha Score of 41 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Great Falls, MT metro area?

The median sale price in Great Falls, MT metro area is $340K, having fallen 6.8% over the past year.

How affordable is Great Falls, MT metro area?

Great Falls, MT metro area scores 28 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Great Falls, MT metro area's Alpha Score?

Great Falls, MT metro area's strongest dimension is Economic Strength (50/100) and its weakest is Affordability (28/100). The Alpha Score is a weighted blend of all five dimensions.

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