Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$160,312−9.5% YoY · prices are falling fast
Market right nowBalanced marketFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$34,752About 0.5× the local median income ($63,694): affordable for a typical household
Days on market214 daysSlower than a year ago: buyers have time to negotiate
The typical home in Carter County, MT is worth $160,312, down 9.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $156,172, so the area is 2.7% overvalued. It is a balanced market: homes take about 214 days to sell, listings are down 0% from a year ago, 0% of listings have had a price cut. A household needs about $34,752 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,694. In the latest IRS figures, 50 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$160,312
Change in 1 year
−9.5%
Overvalued %
+2.7%
Show 6 more
Fair home value
$156,172
Change in 5 years
+28.8%
Home value to income
2.5×
Monthly mortgage payment (20% down)
$869
Income needed to afford it
$34,752
Property tax rate
0.45%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,247
Market activity
Listings vs a year ago
0.0%
Days on market
214
Listings with a price cut
0.0%
Show 3 more
Homes for sale
2
Pending sales per 100 listings
100
Asking price per sq ft
$159
People and jobs
Median household income
$63,694
Population change (1 year)
−2.7%
Unemployment rate
2.8%
Show 4 more
Population
1,383
Income adjusted for cost of living
$69,535
Net moves in (IRS)
+50
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
4.4
FEMA hazard risk score (0 to 100)
1.7
Flood risk score
4.1
Show 3 more
Wildfire risk score
73.8
Walkability (1 to 20)
5.3
Road, rail and air noise
54 dB
Questions people ask
Is Carter County, MT overvalued?
Home prices in Carter County, MT are slightly above what local incomes have historically supported: fair value is about $156,172, so the area is 2.7% overvalued.
Is Carter County, MT a buyer's or seller's market?
Carter County, MT is a balanced market: homes take about 214 days to sell, listings are down 0% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Carter County, MT?
Home values in Carter County, MT are down 9.5% over the last year.
How much do you need to earn to buy a home in Carter County, MT?
A household needs about $34,752 a year to afford the typical home in Carter County, MT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,694.