Montana’s real estate landscape in 2025 is tilting in favor of homebuyers, even as property prices continue to edge upward. The state’s median home value has reached $540,100 after a 6.5% year-over-year increase. Despite this climb, the pace of home sales has noticeably slowed — the average property now spends 109 days on the market. This extended window gives prospective buyers more breathing room to evaluate properties and negotiate terms.
One of the most telling signs of this buyer-friendly environment is the growth in housing inventory. Listings have jumped by 16.6%, creating a more competitive atmosphere for sellers while offering buyers a wider range of choices. This trend is expected to continue as more properties become available throughout the year.
Another shift benefiting buyers is the cooling of bidding wars. Unlike previous years where offers above asking were common, last month saw zero properties in Montana sell for more than their listed price. Sellers are beginning to adjust their strategies, often resorting to price cuts to attract attention in a more cautious market.
With approximately six months’ worth of housing supply available, the market is balanced — but tilting toward buyers. This environment offers a strategic advantage to those looking to purchase, allowing for careful decision-making and more favorable negotiation dynamics. Still, buyers should budget for associated costs such as inspections, moving fees, and closing expenses as they prepare to make their move.
All in all, 2025 is shaping up to be a promising year for homebuyers in Montana. More choices, slower sales cycles, and declining competition are creating the ideal conditions for securing a property on more favorable terms.
