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Is Missoula, MT 59803 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Missoula is a seller’s market. With about 3.4 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.

Months of supply3.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$283▲ +5.5% vs. last year

The Missoula housing market right now

In the three months ending August 31, 2026, 0% of homes in Missoula, MT 59803 sold above their list price, the typical home went under contract in 57 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 84 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (64 days then) and the median sale price fell 6% to $704,145. Overall, Missoula is about as competitive as it was a year ago.

Within Missoula County, homes here sell faster than in 58% 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 59803

Prefilled for 59803Can I win this house?Multiple-offer likelihood for a listing Prefilled for 59803Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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 →
Missoula, MT59804 · 7 miles away72% similarlower income ($36K less) · pricier homes ($32K more) Lolo, MT59847 · 6 miles away67% similarlower income ($25K less) · cheaper homes ($106K less) Missoula, MT59802 · 6 miles away52% similarlower income ($44K less) · cheaper homes ($94K less) Missoula, MT59808 · 11 miles away52% similarlower income ($32K less) · cheaper homes ($95K less)

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 3.4 months of supply in Missoula, MT 59803 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 57 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 $704,145 in the three months ending August 31, 2026, about $283 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