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Great Falls Metro Area Housing

 

As of 2010-2014, median price of a house in Great Falls Area is $159,900, which is lower than the state average of $187,600 and is lower than the national average of $175,700. The median year that a house in Great Falls Area was built is 1967, which is older than the median year for a house built in the state which is 1976 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 21,665 Owner Occupied Houses in Great Falls Area, #237
Great Falls Area
159,900 USD
Montana
187,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Great Falls Area
17.75%
Montana
88.54%
U.S.
46.91%

*The Great Falls Area median house price growth rate is since 2005-2009. The Montana and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Great Falls AreaMontanaU.S.
Total Housing Units37,454, see rank, 100%486,782132,741,033
Occupied Housing Units33,685, 89.94%, see rank83.77%87.55%
Owner Occupied21,665, 57.84%, see rank56.74%56.34%
Renter Occupied12,020, 32.09%, see rank27.03%31.21%
Vacant Housing Units3,769, 10.06%, see rank16.23%12.45%
For Rent839, 2.24%, see rank1.86%2.34%
For Sale Only475, 1.27%, see rank1.18%1.20%
Rented or Sold, Not Occupied215, 0.57%, see rank0.76%0.92%
For Seasonal, Recreational, or Occasional Use912, 2.43%, see rank7.91%3.97%
For Migrant Workers8, 0.02%, see rank0.06%0.03%
Other Vacant1,320, 3.52%, see rank4.46%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #669
Great Falls AreaMontanaU.S.
196719761976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Great Falls Area%MontanaU.S.
Owner-Occupied Units21,665100%276,20174,787,460
With a Mortgage12,88959.49%, see rank57.37%65.58%
Without a Mortgage8,77640.51%, see rank42.63%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Great Falls Area
1,189 USD
Montana
1,290 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsGreat Falls Area%MontanaU.S.
$299 or Less400.31%, see rank0.26%0.20%
$300 to $4992501.94%, see rank2.22%1.59%
$500 to $6999587.43%, see rank7.08%5.01%
$700 to $9992,99423.23%, see rank18.85%14.32%
$1,000 to $1,4995,23940.65%, see rank35.88%27.90%
$1,500 to $1,9992,24317.40%, see rank20.48%20.35%
$2,000 to $2,9999587.43%, see rank11.88%19.52%
$3,000 or More2071.61%, see rank3.33%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Great Falls Area
21.80% of the Total Income
Montana
23.30% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Great Falls Area%MontanaU.S.
10% or Less7425.76%, see rank6.28%5.86%
10% to 20%4,77337.03%, see rank33.19%31.95%
20% to 30%3,85629.92%, see rank27.60%27.64%
30% to 40%1,47911.47%, see rank13.14%13.74%
40% or More2,01115.60%, see rank19.38%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Great Falls Area
370 USD
Montana
385 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsGreat Falls Area%MontanaU.S.
$199 or Less92210.51%, see rank9.68%7.76%
$200 to $2991,69919.36%, see rank19.15%14.70%
$300 to $4994,35549.62%, see rank45.26%34.63%
$500 to $6991,15513.16%, see rank16.87%21.16%
$700 or More6457.35%, see rank9.04%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Great Falls Area
11.00% of the Total Income
Montana
11.30% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Great Falls Area%MontanaU.S.
10% or Less4,01345.73%, see rank44.41%40.19%
10% to 20%2,89833.02%, see rank31.16%31.47%
20% to 30%88110.04%, see rank11.22%12.24%
30% to 40%3944.49%, see rank4.63%5.64%
40% or More5556.32%, see rank7.72%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Great Falls AreaMontanaU.S.
Total Housing Units37,454, 100%486,782132,741,033
1-unit, Detached24,126, 64.42%, see rank69.13%61.65%
1-unit, Attached1,676, 4.47%, see rank3.01%5.82%
2 Units1,240, 3.31%, see rank3.54%3.75%
3 or 4 Units1,994, 5.32%, see rank4.82%4.43%
5 to 9 Units1,409, 3.76%, see rank2.92%4.78%
10 or More Units3,424, 9.14%, see rank5.37%13.08%
Mobile Home, Boat, RV, Van, etc.3,585, 9.57%, see rank11.21%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Great Falls AreaMontanaU.S.
Total Housing Units37,454, 100%486,782132,741,033
1 Room1,054, 2.81%, see rank2.61%1.95%
2 Rooms708, 1.89%, see rank3.45%2.48%
3 Rooms3,477, 9.28%, see rank8.70%9.13%
4 Rooms6,255, 16.70%, see rank17.78%16.60%
5 Rooms6,178, 16.49%, see rank19.92%20.41%
6 Rooms6,119, 16.34%, see rank15.51%18.06%
7 Rooms4,184, 11.17%, see rank11.04%12.27%
8 Rooms3,942, 10.52%, see rank8.38%8.48%
9 Rooms or More5,537, 14.78%, see rank12.61%10.60%
Median Rooms5.70, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Great Falls AreaMontanaU.S.
Total Housing Units37,454, 100%486,782132,741,033
No Bedroom1,110, 2.96%, see rank2.84%2.17%
1 Bedroom4,253, 11.36%, see rank10.59%11.16%
2 Bedrooms10,630, 28.38%, see rank27.67%26.69%
3 Bedrooms12,044, 32.16%, see rank36.25%39.70%
4 Bedrooms6,711, 17.92%, see rank16.21%16.05%
5 or More Bedrooms2,706, 7.22%, see rank6.44%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Great Falls AreaMontanaU.S.
Total Housing Units33,685, 100%407,797116,211,092
Utility Gas26,075, 77.41%, see rank54.68%48.85%
Bottled, Tank, or LP Gas1,701, 5.05%, see rank12.11%4.86%
Electricity4,285, 12.72%, see rank21.42%36.68%
Fuel Oil, Kerosene, etc.186, 0.55%, see rank1.30%5.86%
Coal or Coke6, 0.02%, see rank0.18%0.12%
Wood999, 2.97%, see rank8.78%2.12%
Solar Energy18, 0.05%, see rank0.07%0.05%
Other Fuel321, 0.95%, see rank1.17%0.47%
No Fuel Used94, 0.28%, see rank0.30%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalGreat Falls AreaMontanaU.S.
Occupied Units Paying Rent11,174, 100%119,55239,201,928
$199 or Less384, 3.44%, see rank3.00%1.50%
$200 to $299524, 4.69%, see rank4.42%3.18%
$300 to $4992,351, 21.04%, see rank15.28%7.37%
$500 to $6993,708, 33.18%, see rank27.84%16.01%
$700 to $9992,568, 22.98%, see rank29.37%29.17%
$1,000 to $1,4991,242, 11.12%, see rank15.50%26.88%
$1,500 to $1,999222, 1.99%, see rank2.93%9.79%
$2,000 or More175, 1.57%, see rank1.67%6.10%
Median$629, see rank$696$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Great Falls AreaMontanaU.S.
Occupied Housing Units33,685, 100%407,797116,211,092
No Vehicles Available2,420, 7.18%, see rank5.19%9.12%
1 Vehicles Available10,254, 30.44%, see rank28.68%33.80%
2 Vehicles Available12,545, 37.24%, see rank37.60%37.48%
3 or More Vehicles Available8,466, 25.13%, see rank28.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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