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Montana Homes for Sale Under 200K

1,029 Homes for Sale

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Showing 295 - 336 of 1,029 homes for sale in Montana

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Montana Housing Market Overview

Montana is a balanced market, giving buyers and sellers room to negotiate. With 4.9 months of supply and homes averaging 77 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

77

Inventory

3,667

Oct 2021Jul 2024Sep 2026

Median Home Price

$500,450Down 3.09%

In Sep 2026 · YoY

Oct 2021Jul 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
3,667 Down 40.03%
Newly Listed Homes
998 Up 10.15%
Months of Supply
4.9 Down 43.68%

Housing Demand

Homes Sold
744 Up 6.13%
Sale-to-List Ratio
97.2% Up 0.12%
Homes Sold Above List
15.6% Up 5.05%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

View Full Montana Market Report
No. of Homes
Prices
Houses for Sale in Downtown Missoula, Missoula
22
-
Houses for Sale in Helena Historic District, Helena
7
-
Houses for Sale in Heights, Billings
6
-
Houses for Sale in Downtown Helena, Helena
5
$380,000
Houses for Sale in North Park, Billings
4
-
Houses for Sale in West End, Billings
4
-
Houses for Sale in North East, Bozeman
4
-
Houses for Sale in South Central, Helena
2
-
Houses for Sale in South Side, Billings
2
-
Houses for Sale in Downtown Bozeman, Bozeman
1
-
Houses for Sale in Bozeman Ponds, Bozeman
1
-
Houses for Sale in The Jandt, Bozeman
1
-
Houses for Sale in Southwest Corridor, Billings
1
-
Houses for Sale in Flanders Creek, Bozeman
1
-
Houses for Sale in Bozeman Creek, Bozeman
1
-
Houses for Sale in Central Terry, Billings
1
-
Houses for Sale in Good Shepherd, Helena
-
-
Houses for Sale in Fort Harrison Va Hospital, Helena West Side
-
-
Houses for Sale in Midtown, Bozeman
-
-
Houses for Sale in Montana State Fairgrounds Racetrack, Helena
-
-
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  • mls-imgIDX Logo
    Based on information from the Montana Regional MLS, LLC (alternatively, from MRMLS)through Nov 1, 2026, 8:45 PM. IDX information is provided exclusively for consumers(U+0027) personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MRMLS.
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Homes Available icon

1,029

Homes Available

Median List Price icon

$ 500,450

Median List Price

Avg on Market icon

77 Days

Avg on Market