38Alpha

Missoula, MT metro area Housing Market Brief

metro · MT · as of August 2026

Buyer's

What is Missoula, 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%
-6.045
Inventory Health25%
+3.149
Affordability20%
+0.87
Economic Strength20%
62
Rental Yield15%
-3.720

Where is Missoula, MT metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Missoula, MT metro area is classified as Emerging early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Missoula, MT metro area?

Our model forecasts Missoula, MT metro area’s home prices to rise about 2.9% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Missoula, MT metro area housing market data

MetricValueYoY
Median Sale Price$538K-10.2%
Median Days on Market67 days▲ +28.9%
Months of Supply4.2-8.7%
Homes for Sale645-0.8%
Homes Sold158▲ +8.2%
Median Price / Sq Ft$3330%

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

Now: 38
12-period trend
Median sale price · 12 mo

Markets like Missoula, MT metro area

Frequently asked questions

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

As of August 2026, Missoula, MT metro area is classified as a Buyer's Market, based on its Alpha Score of 38 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Missoula, MT metro area is $538K, having fallen 10.2% over the past year.

How affordable is Missoula, MT metro area?

Missoula, MT metro area scores 7 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Missoula, MT metro area's Alpha Score?

Missoula, MT metro area's strongest dimension is Economic Strength (62/100) and its weakest is Affordability (7/100). The Alpha Score is a weighted blend of all five dimensions.

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