Is Melrose, MT 59743 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Melrose is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Melrose housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Beaverhead County, MT

Population	165
Average income	$75,897
Median home value	$358,300
Median rent	$955/month
Owner-occupied	72% of homes
Median year built	1990

Natural hazard riskWinter storms (very high), wildfire (moderate), earthquakes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 59743; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 59743

Prefilled for 59743Can I win this house?Multiple-offer likelihood for a listing Prefilled for 59743Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Dillon 59725Balanced $201 /sq ft Glen 59732 — /sq ft Jackson 59736 — /sq ft Lima 59739 — /sq ft Browse all markets →

Where Melrose is

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Questions about Melrose real estate

What are property taxes in Melrose?

About 0.67% of a home’s value a year in Beaverhead County, or roughly $2,680 on a $400,000 home.

Local agents

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More tools for 59743

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Beaverhead County property taxes Beaverhead County loan limits Closing costs in Montana Hottest ZIP codes in Montana

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology