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Montana Housing

 
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As of 2010-2014, median price of a house in Montana is $187,600, which is higher than the national average of $175,700. The Montana median house value has grown by 88.54% since 2000. The growth rate for the price of a house in Montana is much higher than the national average rate of 46.91%. The median year that a house in Montana was built is 1976, which is about the same as 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 276,201 Owner Occupied Houses in Montana, #20
Montana
187,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #8
Montana
88.54%
U.S.
46.91%
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

 Montana%U.S.
Total Housing Units486,782, see rank100%132,741,033
Occupied Housing Units407,79783.77%, see rank87.55%
Owner Occupied276,20156.74%, see rank56.34%
Renter Occupied131,59627.03%, see rank31.21%
Vacant Housing Units78,98516.23%, see rank12.45%
For Rent9,0351.86%, see rank2.34%
For Sale Only5,7641.18%, see rank1.20%
Rented or Sold, Not Occupied3,6810.76%, see rank0.92%
For Seasonal, Recreational, or Occasional Use38,5227.91%, see rank3.97%
For Migrant Workers2950.06%, see rank0.03%
Other Vacant21,6884.46%, see rank4.00%

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

Year Structure Built

Median Built Year, #25
MontanaU.S.
19761976

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

 Montana%U.S.
Owner-Occupied Units276,201100%74,787,460
With a Mortgage158,47057.37%, see rank65.58%
Without a Mortgage117,73142.63%, see rank34.42%

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

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Montana
1,290 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMontana%U.S.
$299 or Less4170.26%, see rank0.20%
$300 to $4993,5252.22%, see rank1.59%
$500 to $69911,2227.08%, see rank5.01%
$700 to $99929,87818.85%, see rank14.32%
$1,000 to $1,49956,85835.88%, see rank27.90%
$1,500 to $1,99932,45920.48%, see rank20.35%
$2,000 to $2,99918,83411.88%, see rank19.52%
$3,000 or More5,2773.33%, see rank11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
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
 Montana%U.S.
10% or Less9,9546.28%, see rank5.86%
10% to 20%52,59633.19%, see rank31.95%
20% to 30%43,73027.60%, see rank27.64%
30% to 40%20,82013.14%, see rank13.74%
40% or More30,71119.38%, see rank20.29%

*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
Montana
385 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMontana%U.S.
$199 or Less11,3929.68%, see rank7.76%
$200 to $29922,54719.15%, see rank14.70%
$300 to $49953,28545.26%, see rank34.63%
$500 to $69919,86016.87%, see rank21.16%
$700 or More10,6479.04%, see rank21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
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
 Montana%U.S.
10% or Less52,28044.41%, see rank40.19%
10% to 20%36,68331.16%, see rank31.47%
20% to 30%13,20411.22%, see rank12.24%
30% to 40%5,4564.63%, see rank5.64%
40% or More9,0947.72%, see rank9.16%

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

Units in Structure

 Montana%U.S.
Total Housing Units486,782100%132,741,033
1-unit, Detached336,50269.13%, see rank61.65%
1-unit, Attached14,6743.01%, see rank5.82%
2 Units17,2363.54%, see rank3.75%
3 or 4 Units23,4444.82%, see rank4.43%
5 to 9 Units14,2172.92%, see rank4.78%
10 or More Units26,1215.37%, see rank13.08%
Mobile Home, Boat, RV, Van, etc.54,58811.21%, see rank6.49%

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

Rooms

 Montana%U.S.
Total Housing Units486,782100%132,741,033
1 Room12,7122.61%, see rank1.95%
2 Rooms16,8013.45%, see rank2.48%
3 Rooms42,3508.70%, see rank9.13%
4 Rooms86,55917.78%, see rank16.60%
5 Rooms96,96819.92%, see rank20.41%
6 Rooms75,49315.51%, see rank18.06%
7 Rooms53,74011.04%, see rank12.27%
8 Rooms40,8008.38%, see rank8.48%
9 Rooms or More61,35912.61%, see rank10.60%
Median Rooms5.40, see rank-5.50

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

Bedrooms

 Montana%U.S.
Total Housing Units486,782100%132,741,033
No Bedroom13,8432.84%, see rank2.17%
1 Bedroom51,52710.59%, see rank11.16%
2 Bedrooms134,69827.67%, see rank26.69%
3 Bedrooms176,45136.25%, see rank39.70%
4 Bedrooms78,90916.21%, see rank16.05%
5 or More Bedrooms31,3546.44%, see rank4.22%

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

House Heating Fuel

 Montana%U.S.
Total Housing Units407,797100%116,211,092
Utility Gas222,96654.68%, see rank48.85%
Bottled, Tank, or LP Gas49,37012.11%, see rank4.86%
Electricity87,33021.42%, see rank36.68%
Fuel Oil, Kerosene, etc.5,3131.30%, see rank5.86%
Coal or Coke7250.18%, see rank0.12%
Wood35,8218.78%, see rank2.12%
Solar Energy2740.07%, see rank0.05%
Other Fuel4,7751.17%, see rank0.47%
No Fuel Used1,2230.30%, see rank1.00%

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

Gross Rent

Monthly RentalMontana%U.S.
Occupied Units Paying Rent119,552100%39,201,928
$199 or Less3,5913.00%, see rank1.50%
$200 to $2995,2824.42%, see rank3.18%
$300 to $49918,26315.28%, see rank7.37%
$500 to $69933,28427.84%, see rank16.01%
$700 to $99935,10929.37%, see rank29.17%
$1,000 to $1,49918,53115.50%, see rank26.88%
$1,500 to $1,9993,5012.93%, see rank9.79%
$2,000 or More1,9911.67%, see rank6.10%
Median$696, see rank-$920

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

Vehicle Available

 Montana%U.S.
Occupied Housing Units407,797100%116,211,092
No Vehicles Available21,1795.19%, see rank9.12%
1 Vehicles Available116,95728.68%, see rank33.80%
2 Vehicles Available153,34437.60%, see rank37.48%
3 or More Vehicles Available116,31728.52%, see rank19.61%

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


 
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