Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$294,526+9.4% YoY · prices are rising fast
Market right nowBalanced marketFewer homes for sale than last year, 22% have cut their price
Income needed to buy, per year$63,847About 1.0× the local median income ($62,944): a stretch for a typical household
Days on market78 daysAbout the same pace as a year ago
The typical home in Chouteau County, MT is worth $294,526, up 9.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $232,787, so the area is 26.5% overvalued. It is a balanced market: homes take about 78 days to sell, listings are down 25% from a year ago, 22% of listings have had a price cut. A household needs about $63,847 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 $62,944. In the latest IRS figures, 37 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
$294,526
Change in 1 year
+9.4%
Overvalued %
+26.5%
Show 6 more
Fair home value
$232,787
Change in 5 years
+45.4%
Home value to income
4.7×
Monthly mortgage payment (20% down)
$1,596
Income needed to afford it
$63,847
Property tax rate
0.75%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,310
Market activity
Listings vs a year ago
−25.0%
Days on market
78
Listings with a price cut
22.2%
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Homes for sale
15
Pending sales per 100 listings
20
Asking price per sq ft
$136
People and jobs
Median household income
$62,944
Population change (1 year)
+0.2%
Unemployment rate
3.2%
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Population
5,865
Income adjusted for cost of living
$68,716
Net moves in (IRS)
+37
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
6.6
FEMA hazard risk score (0 to 100)
39.5
Flood risk score
50.4
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Wildfire risk score
72.6
Walkability (1 to 20)
5.4
Road, rail and air noise
53 dB
Questions people ask
Is Chouteau County, MT overvalued?
Home prices in Chouteau County, MT are well above what local incomes have historically supported: fair value is about $232,787, so the area is 26.5% overvalued.
Is Chouteau County, MT a buyer's or seller's market?
Chouteau County, MT is a balanced market: homes take about 78 days to sell, listings are down 25% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Chouteau County, MT?
Home values in Chouteau County, MT are up 9.4% over the last year.
How much do you need to earn to buy a home in Chouteau County, MT?
A household needs about $63,847 a year to afford the typical home in Chouteau County, MT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,944.