Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$520,701+3.5% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 19% have cut their price
Income needed to buy, per year$112,877About 1.2× the local median income ($95,295): a stretch for a typical household
Days on market68 daysFaster than a year ago: sellers have the edge
Next 12 months+2.4%Zillow expects prices to rise slightly
The typical home in Jefferson County, MT is worth $520,701, up 3.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $424,917, so the area is 22.5% overvalued. It is a balanced market, leaning toward sellers: homes take about 68 days to sell, listings are down 5% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 2.4% over the next year. A household needs about $112,877 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 $95,295. In the latest IRS figures, 232 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
$520,701
Change in 1 year
+3.5%
Overvalued %
+22.5%
Show 7 more
Fair home value
$424,917
Change in 5 years
+34.5%
Zillow forecast, next 12 months
+2.4%
Home value to income
5.5×
Monthly mortgage payment (20% down)
$2,822
Income needed to afford it
$112,877
Property tax rate
0.55%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,410
Market activity
Listings vs a year ago
−5.0%
Days on market
68
Listings with a price cut
18.9%
Show 3 more
Homes for sale
76
Pending sales per 100 listings
26
Asking price per sq ft
$280
People and jobs
Median household income
$95,295
Population change (1 year)
+0.7%
Unemployment rate
4.2%
Show 4 more
Population
13,329
Income adjusted for cost of living
$99,577
Net moves in (IRS)
+232
Cost of living (US = 100)
95.7
Schools, risk and environment
School rating (1 to 10)
7.2
FEMA hazard risk score (0 to 100)
21.6
Flood risk score
29.4
Show 3 more
Wildfire risk score
89.1
Walkability (1 to 20)
6.1
Road, rail and air noise
57 dB
Questions people ask
Is Jefferson County, MT overvalued?
Home prices in Jefferson County, MT are well above what local incomes have historically supported: fair value is about $424,917, so the area is 22.5% overvalued.
Is Jefferson County, MT a buyer's or seller's market?
Jefferson County, MT is a balanced market, leaning toward sellers: homes take about 68 days to sell, listings are down 5% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Jefferson County, MT?
Home values in Jefferson County, MT are up 3.5% over the last year. Zillow's forecast for the next 12 months is +2.4%.
How much do you need to earn to buy a home in Jefferson County, MT?
A household needs about $112,877 a year to afford the typical home in Jefferson County, MT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $95,295.