Open on the map

Fallon County, MT housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$191,717+7.9% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$41,560About 0.5× the local median income ($76,163): affordable for a typical household
Days on market78 daysFaster than a year ago: sellers have the edge

The typical home in Fallon County, MT is worth $191,717, up 7.9% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $192,624, so the area is 0.5% undervalued. It is a seller's market: homes take about 78 days to sell, listings are down 62% from a year ago, 0% of listings have had a price cut. A household needs about $41,560 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 $76,163. In the latest IRS figures, 90 more people moved out than in.

Home value over time

$0K$50K$100K$150K2005201020152020
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$191,717
Change in 1 year+7.9%
Overvalued %−0.5%
Show 6 more
Fair home value$192,624
Change in 5 years+5.6%
Home value to income2.5×
Monthly mortgage payment (20% down)$1,039
Income needed to afford it$41,560
Property tax rate0.50%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$1,404

Market activity

Listings vs a year ago−62.5%
Days on market78
Listings with a price cut0.0%
Show 3 more
Homes for sale6
Pending sales per 100 listings50
Asking price per sq ft$102

People and jobs

Median household income$76,163
Population change (1 year)−0.0%
Unemployment rate0.0%
Show 4 more
Population2,959
Income adjusted for cost of living$83,147
Net moves in (IRS)−90
Cost of living (US = 100)91.6

Schools, risk and environment

School rating (1 to 10)5.3
FEMA hazard risk score (0 to 100)5.4
Flood risk score5.5
Show 3 more
Wildfire risk score56.5
Walkability (1 to 20)6.9
Road, rail and air noise53 dB

Questions people ask

Is Fallon County, MT overvalued?
Home prices in Fallon County, MT are slightly below what local incomes have historically supported: fair value is about $192,624, so the area is 0.5% undervalued.
Is Fallon County, MT a buyer's or seller's market?
Fallon County, MT is a seller's market: homes take about 78 days to sell, listings are down 62% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Fallon County, MT?
Home values in Fallon County, MT are up 7.9% over the last year.
How much do you need to earn to buy a home in Fallon County, MT?
A household needs about $41,560 a year to afford the typical home in Fallon County, MT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,163.

Nearby and similar counties

ZIP codes in Fallon County (open on the map)

See every chart for Fallon County, MT on the map