Montana market
Missoula
Missoula County
A university town with a mountain-town housing problem. The median sits at $544,704, prices are essentially flat year over year, and homes are moving in 58 days, faster than the state average. Volume is up 18 percent, which means more of the market is trading than a year ago even though prices are not running.
The snapshot
The numbers, with the date on them.
- Median sale price
- $544,704−0.96% year over yearRedfin, June 2026
- Days on market
- 58Redfin, June 2026
- Homes sold
- 275+18.2% year over yearRedfin, June 2026
2026 baseline conforming limit $832,750, high-cost ceiling $1,249,125 (FHFA, 2026). Above your county limit the loan becomes a jumbo, which is priced and underwritten differently. Ask us your county number.
What financing looks like here
The programs that actually fit Missoula.
Conventional
The median sits well under the $832,750 conforming limit, so most Missoula purchases price as ordinary conventional loans.
VA
A real veteran population across the valley. No monthly mortgage insurance, and the benefit competes fine here when the pre-approval is underwriter-reviewed.
USDA
The eligible boundary starts closer to town than most buyers expect. Send us the address and we will test it before you rule it out.
Montana Housing
Below-market bond programs and buyer assistance for first-time buyers who fit the county income and purchase price limits.
What trips people up here
The local problems, named.
The USDA line
Frenchtown, Lolo, Bonner and parts of Target Range can be in an eligible area while a house two miles closer to town is not. Check before you write the offer, not after.
Older housing stock
In the University District and the Northside, knob-and-tube, old panels and foundation questions all show up in appraisal and insurance.
Acreage west and south
Target Range and the Bitterroot corridor bring wells, septic and irrigation ditches into the file.
ADUs and long-term rentals
Income from a legal accessory dwelling unit can help. An unpermitted one can hurt.
Where we lend here
Areas we cover.
- Rattlesnake
- University District
- Northside and Westside
- South Hills
- Grant Creek
- Target Range
- Lolo
- Frenchtown
- Bonner and Milltown
- East Missoula
South of town the valley changes character quickly. Hamilton and the Bitterroot Valley is where a Missoula pre-approval starts running into acreage, shared wells and USDA eligibility.
Two of the questions that come up most on Missoula files have their own write-ups: why wildfire insurance can change a closing and what your escrow account is actually doing. Read both before you set a budget, because they move the payment more than the rate does.
Start
Get the Missoula number that applies to you.
Published figures describe a market. They do not describe your file. Send us the address and the price and we will tell you which programs will actually close it.
Opens our secure application at bisonteam.floify.com. About 12 minutes.
Calls our Montana team. A person answers, not a call center.