Is now a good time to buy land in Montana?
Montana is currently a strong buyer's market with 24.1 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
24.1 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 39 | 114 | 278 | 579 |
| 1-2 acres | 19 | 83 | 183 | 333 |
| 2-5 acres | 19 | 72 | 170 | 313 |
| 5-10 acres | 18 | 64 | 143 | 280 |
| 10-20 acres | 10 | 39 | 97 | 184 |
| 20-50 acres | 27 | 80 | 175 | 336 |
| 50-100 acres | 4 | 20 | 36 | 58 |
| 100+ acres | 9 | 27 | 59 | 106 |
| TOTAL | 145 | 499 | 1,141 | 2,189 |
Montana is currently a strong buyer's market with 24.1 months of supply. Buyers have more negotiating power and can take time to find the right property.
Montana currently has 24.1 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Average cropland rent in Montana is $37/acre/year. Pasture land rents for approximately $8/acre/year.
The 3-month absorption rate in Montana is 4.2%. The 12-month rate is 4.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Montana typically sells within 167 days of listing. The median time on market is 100 days. Properties are moving slowly in the current strong buyer's market.
Average farm real estate in Montana is valued at $1K/acre. Cropland specifically averages $1K/acre. Pasture land averages $882/acre. (Data from 2023)
The current absorption rate in Montana is 4.2% (3-month basis), indicating slow demand. The top-performing broker in this market is PureWest Real Estate - Whitefish.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Montana on LandyDandy.
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