Is Hamilton, MT 59840 a buyer’s or seller’s market?
Hamilton is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 3% of U.S. ZIP codes, and #4 of 4 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Hamilton housing market right now
In the three months ending August 31, 2026, 0% of homes in Hamilton, MT 59840 sold above their list price, the typical home went under contract in 58 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 76 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 15% to $549,212. Overall, Hamilton is about as competitive as it was a year ago.
Within Ravalli County, homes here sell faster, and less often over asking, than in any other ZIP code in the county. On our competition score, Hamilton ranks #4 of 4 MT ZIP codes with enough sales (score 9 out of 100).
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Nearby markets
Conner 59827Seller’s market $180 /sq ftCorvallis 59828Buyer’s market $335 /sq ftDarby 59829Buyer’s market $315 /sq ftFlorence 59833Buyer’s market $333 /sq ft Browse all markets →Towns like Hamilton nearby
Find towns like Hamilton in other states →Where Hamilton is
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Questions about Hamilton real estate
Is Hamilton a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Hamilton, MT 59840 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 Hamilton?
The typical home went under contract in 58 days in the latest three months.
Do homes in Hamilton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.5% of the list price.
What are property taxes in Hamilton?
About 0.50% of a home’s value a year in Ravalli County, or roughly $2,000 on a $400,000 home.
What is the median home price in Hamilton?
The median sale price was $549,212 in the three months ending August 31, 2026, about $343 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