Is Missoula, MT 59801 a buyer’s or seller’s market?
Missoula is a seller’s market. With about 3.7 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Missoula housing market right now
In the three months ending August 31, 2026, 0% of homes in Missoula, MT 59801 sold above their list price, the typical home went under contract in 51 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 95 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold about as fast and the median sale price fell 11% to $482,241. Overall, Missoula is about as competitive as it was a year ago.
Within Missoula County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Run the numbers for 59801
Nearby markets
Arlee 59821Buyer’s market $312 /sq ftBonner 59823Balanced $349 /sq ftCondon 59826Buyer’s market $419 /sq ftFrenchtown 59834Seller’s market $307 /sq ft Browse all markets →Towns like Missoula nearby
Find towns like Missoula in other states →Where Missoula is
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Questions about Missoula real estate
Is Missoula a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Missoula, MT 59801 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Missoula?
The typical home went under contract in 51 days in the latest three months.
Do homes in Missoula sell over asking?
0% of homes sold above their original list price.
What are property taxes in Missoula?
About 0.88% of a home’s value a year in Missoula County, or roughly $3,520 on a $400,000 home.
What is the median home price in Missoula?
The median sale price was $482,241 in the three months ending August 31, 2026, about $345 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology