Is Milltown, MT 59851 a buyer’s or seller’s market?
Milltown 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.
The Milltown housing market right now
In the three months ending August 31, 2026, 0% of homes in Milltown, MT 59851 sold above their list price, the typical home went under contract in 45 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. With only 1 sale, these figures can swing a lot from month to month.
Within Missoula County, homes here sell faster than in 92% 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 59851
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 →Where Milltown is
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Questions about Milltown real estate
Is Milltown a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Milltown, MT 59851 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 Milltown?
The typical home went under contract in 45 days in the latest three months.
Do homes in Milltown sell over asking?
0% of homes sold above their original list price.
What are property taxes in Milltown?
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 Milltown?
The median sale price was $398,827 in the three months ending August 31, 2026, about $309 per square foot.
Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology