Waterfront Homes for Sale in Montana

On average, it costs around $500,450 to buy a home in Montana. However, this median price can vary widely by location and property type.

For instance, homes in Whitefish and Bozeman are more expensive, while properties in Havre, Butte, and Great Falls have a lower median price. Focus on prices in your target city rather than the state median price when calculating the upfront amount.

No, Montana is one of a small group of states with no real estate transfer tax on residential sales. Buyers and sellers still file a Realty Transfer Certificate with the county clerk. You must pay standard county recording fees, but the state adds no percentage-based tax to the closing statement.

No, Montana taxes second homes at a much higher rate than primary residences. State law taxes primary homes and qualifying long-term rentals at a starting rate of 0.76% of an assessed value of up to $378,000. Higher primary values face tiered rates. Second homes, vacation properties, and short-term rentals are taxed at a flat 1.9% rate. A second home carries a significantly higher annual tax bill than a primary residence of the same value.

If you are planning to buy a home in Montana, Stevensville is the safest city to live in. According to 2025 FBI data and SafeWise rankings, the crime rate here is only 2.3 per 1,000 people, which is well below the national average.

Apart from Stevensville, Plains, Eureka, and Darby are a few other places in Montana that top the list for a safe, stress-free environment.

Generally, yes, but you must confirm the details in writing. Montana uses the prior appropriation doctrine, which attaches water rights directly to the land. A water right transfers automatically during a land sale unless the seller explicitly excludes or reserves it in the deed. Sellers can legally split, sever, or keep water rights while selling the land.

Ask your title company to verify all attached water rights before closing, especially for irrigated, ranch, or large acreage properties.

No, zoning is optional for Montana counties, and only a small group of the state's 56 counties have adopted county-wide zoning. Even fast-growing counties like Gallatin and Missoula lack county-wide zoning. Outside city limits, land use in most of Montana faces few or no restrictions. A neighboring property owner could legally build almost anything on their land.

Always check if the specific county and local area have zoning rules before you buy property.

Montana allows select tourist destinations to collect a local resort tax on hotels, prepared food, drinks, and luxury goods. State law capping basic resort tax rates sets the maximum at 3%. Towns can add an extra 1% for local infrastructure projects, bringing the maximum total to 4%. Voters in the district must approve the tax rate.

Towns that charge the resort tax include Big Sky, Whitefish, West Yellowstone, Red Lodge, Virginia City, Gardiner, St. Regis, Cooke City, Seeley Lake, Craig, and Wolf Creek. If you decide to buy a home in these areas, factor in your cost of living for dining, leisure, and short-term lodging.

Living in Montana has its share of challenges. Severe winters bring subzero cold and long periods of snow from October through April, while summer brings wildfire smoke. Popular cities like Bozeman and Missoula face high housing costs and rising property taxes. The state's vast size creates extreme isolation, long drives for food or specialized healthcare, and total car dependency. Finally, local economies rely heavily on tourism, offering limited high-paying job opportunities.

Yes, foreigners can freely buy residential and commercial property in Montana, though non-residents often face tougher loan requirements. However, state law strictly prohibits foreign adversaries like China or Russia from acquiring agricultural land, critical infrastructure, or property near military installations. Additionally, foreign entities not subject to U.S. jurisdiction cannot buy residential tax deeds at public auctions.