Is now a good time to buy land in Montana?
Montana is currently a strong buyer's market with 19.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Oct 2026
19.6 months of supply
High inventory favors buyers with more choices and negotiating power.
Montana does not make land sale prices public, so sold prices are not shown here. Sales counts, days on market and months of supply are still real.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 60 | 173 | 332 | 607 |
| 1-2 acres | 30 | 82 | 177 | 326 |
| 2-5 acres | 43 | 96 | 202 | 359 |
| 5-10 acres | 29 | 101 | 187 | 338 |
| 10-20 acres | 16 | 62 | 125 | 233 |
| 20-50 acres | 35 | 115 | 219 | 382 |
| 50-100 acres | 6 | 14 | 28 | 53 |
| 100+ acres | 14 | 40 | 70 | 133 |
| TOTAL | 233 | 683 | 1,340 | 2,431 |
Montana is currently a strong buyer's market with 19.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Montana currently has 19.6 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 5.1%. The 12-month rate is 4.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Montana typically sells within 172 days of listing. The median time on market is 110 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 5.1% (3-month basis), indicating slow demand. The top-performing broker in this market is Keller Williams Western MT.
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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