Missoula County by the Numbers
- Closed sales, last 90 days: 420
- Median sold price, last 90 days: $535,000
- Median price per square foot: $321
- Average days on market: not available
- Median sold price, prior 90 days: $550,000
- Quarter-over-quarter median price change: -2.7%
What the Numbers Mean
The data from the last 90 days indicates a cooling trend in the Missoula County residential real estate market. With the median sold price shifting from $550,000 to $535,000, we are observing a 2.7% decrease quarter-over-quarter. While 420 closed sales provide a snapshot of transaction volume, it is important to note that this sample size represents a specific window of time and may be influenced by seasonal fluctuations or changes in property inventory composition. Because information regarding the average days on market is currently not available, we cannot definitively conclude how quickly properties are moving from listing to closing, though the price correction suggests a shift in buyer sentiment or market leverage compared to the previous quarter.
For Buyers
- Monitor local trends: The 2.7% decrease in the median sold price suggests a market that is becoming slightly more accessible, though it remains critical to evaluate pricing based on specific property features and neighborhoods rather than county-wide averages.
- Prioritize budget discipline: Given the median price per square foot of $321, use this metric as a baseline for comparing similar properties to ensure you are paying a fair market value for the total living area.
- Focus on long-term goals: Market fluctuations are a normal part of real estate. Prioritize finding a property that aligns with your long-term financial and personal needs rather than attempting to time the absolute bottom of a price correction.
For Sellers
- Review your pricing strategy: With the median sold price trending downward from $550,000 to $535,000, ensure your listing price is grounded in recent, verified comparable sales rather than outdated market peaks.
- Maintain property condition: In a market experiencing a price correction, homes that are well-maintained and show minimal deferred maintenance stand out to serious buyers who are increasingly selective.
- Be prepared for negotiation: As market data shows a cooling trend, be ready for potential buyers to negotiate based on the recent softening of median prices across the county.
About This Report
This report is aggregated from regional MLS closed-sale data via a licensed feed and reflects the market period ending October 2026. Please be advised that past performance does not guarantee future results, and real estate outcomes can vary significantly by location and property type.