Missoula County by the Numbers
- Closed sales, last 90 days: 446
- Median sold price, last 90 days: $535,000
- Median price per square foot: $318
- Average days on market: Not available
- Median sold price, prior 90 days: $544,700
- Quarter-over-quarter median price change: -1.8%
What the Numbers Mean
The data for the three-month period ending in September 2026 reflects a slight downward adjustment in local property valuations. With a median sold price of $535,000 compared to the previous period's $544,700, we are seeing a quarter-over-quarter change of -1.8%. While this movement is statistically present, it is important to view these figures through the lens of local inventory. The total volume of 446 closed sales provides a reasonable sample size, though it is influenced by the specific mix of home types and neighborhoods sold during these 90 days. Because we do not have available data regarding the average days on market, it is difficult to determine the current velocity of sales. The decline in the median price should be viewed as a snapshot of recent transactions rather than a definitive forecast for the coming year.
For Buyers
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Prioritize pre-approval: Even with a slight cooling in median prices, mortgage rates and financing availability remain the primary drivers of your purchasing power. Securing a firm financing commitment allows you to act decisively when a property meeting your criteria enters the market.
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Focus on value over timing: Attempting to time the bottom of the market is notoriously difficult. Instead, focus on finding a home that fits your long-term needs and budget. A purchase that you can afford comfortably over the next several years is generally more secure than chasing temporary price fluctuations.
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Leverage regional data: Use the median price per square foot of $318 as a baseline to compare individual listings, but remember that property-specific features—such as lot size, view, and condition—will cause significant variations in actual value.
For Sellers
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Price competitively from the start: With the median price shifting downward by 1.8% over the last quarter, buyers are becoming increasingly price-sensitive. Setting an asking price that aligns with current closed-sale data helps avoid the stagnation that often follows an over-priced listing.
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Highlight condition and maintenance: In a market where buyers have more options, properties that require minimal repairs often stand out. Addressing deferred maintenance before listing can improve the perceived value of your home in a crowded market.
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Manage expectations: Market conditions change based on local supply and demand. Rely on the most recent sales data rather than historical highs to determine your listing strategy, as recent trends suggest buyers are exercising more caution regarding price points.
About This Report
This report is based on aggregated data from regional MLS closed-sale transactions via a licensed feed, covering the reporting period of September 2026. Past performance is not a guarantee of future results, and market conditions remain subject to change.