Montana Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

4,013

Sold (12M)

2,210

Median Price

Market Condition

Strong Buyer's Market

Montana Market Meter

Strong Buyer's Market

24.1 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

Avg Price/Acre

Avg Days on Market

167

Months of Supply

24.1

YoY Price Change

New Listings (3M)

918

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	39	114	278	579	1,187	1,751
1-2 acres	19	83	183	333	604	901
2-5 acres	19	72	170	313	630	944
5-10 acres	18	64	143	280	528	833
10-20 acres	10	39	97	184	369	583
20-50 acres	27	80	175	336	718	1,046
50-100 acres	4	20	36	58	106	160
100+ acres	9	27	59	106	204	301
TOTAL	145	499	1,141	2,189	4,346	6,519

📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold

For Sale

0-1 acres579 sold / 1150 listed

1-2 acres333 sold / 537 listed

2-5 acres313 sold / 537 listed

5-10 acres280 sold / 478 listed

10-20 acres184 sold / 309 listed

20-50 acres336 sold / 531 listed

50-100 acres58 sold / 119 listed

100+ acres106 sold / 332 listed

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume

Last 12 months

Active Listings

4,013

Current inventory

Avg Days on Market

167

Time to sell

Price Trend (YoY)

Year over year

Montana Land Market Analysis

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.

What is the months of supply for land in Montana?

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.

What is the average farm rent in Montana?

Average cropland rent in Montana is $37/acre/year. Pasture land rents for approximately $8/acre/year.

What is the absorption rate for land in Montana?

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.

How long does it take to sell land in Montana?

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.

What is the median farm land value in Montana?

Average farm real estate in Montana is valued at $1K/acre. Cropland specifically averages $1K/acre. Pasture land averages $882/acre. (Data from 2023)

Is now a good time to invest in land in Montana?

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.

Data Sources & Accuracy

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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.