See What Cities Have The Most Expensive Homes In Montana

Can You Afford To Buy A House In Montana?

The American Dream has always involved home ownership, but it's becoming increasingly hard in places like Montana.

We've been named the most unaffordable place to live recently and it might not get any better if we keep seeing home prices like the ones you'll see below.

KEEP SCROLLING TO THE MOST EXPENSIVE HOME VALUES IN MONTANA 👇

What Is The Average Cost Of Buying A Home In Montana?

It's no secret that places like Bozeman, Whitefish, and Big Sky have home values through the roof, but the average for homes across Montana right now sits at $468,195, up 2.8% from last year.

That is well above the average home value in America, which currently is $362,143, and is also up from last year by 2.5%.

Add in the 6.08% 30-year fixed mortgage rate (as of September 27th, 2024), and it's very expensive and almost impossible for first-time buyers to afford to purchase a home right now.

READ MORE: Are Montanans More Happy Compared To Other States In America?

Who Is To Blame For High-Priced Housing In Montana?

Everyone likes to point the finger at outsiders moving to Montana and buying up houses (sometimes with cash) for more than the asking price.

While that does indeed happen, should we place the blame on them or do we place the blame on the sellers?

Honestly, can you say that if given the chance to sell your current home for more than it is worth, you wouldn't do it?

When you see how much you could be getting if you owned a home in one of the following locations, I have a feeling you'd have to think long and hard about it.