Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$212,750+5.0% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 0% have cut their price
Income needed to buy, per year$46,120About 0.8× the local median income ($56,463): affordable for a typical household
Days on market109 daysFaster than a year ago: sellers have the edge
The typical home in Phillips County, MT is worth $212,750, up 5.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $175,997, so the area is 20.9% overvalued. It is a balanced market, leaning toward buyers: homes take about 109 days to sell, listings are up 14% from a year ago, 0% of listings have had a price cut. A household needs about $46,120 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 $56,463. In the latest IRS figures, 2 more people moved out than in.
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
$212,750
Change in 1 year
+5.0%
Overvalued %
+20.9%
Show 6 more
Fair home value
$175,997
Change in 5 years
+25.2%
Home value to income
3.8×
Monthly mortgage payment (20% down)
$1,153
Income needed to afford it
$46,120
Property tax rate
0.79%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+13.6%
Days on market
109
Listings with a price cut
0.0%
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Homes for sale
25
Pending sales per 100 listings
4
Asking price per sq ft
$133
People and jobs
Median household income
$56,463
Population change (1 year)
+0.2%
Unemployment rate
1.8%
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Population
4,203
Income adjusted for cost of living
$61,641
Net moves in (IRS)
−2
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
5.4
FEMA hazard risk score (0 to 100)
34.5
Unhealthy air days a year
6
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Flood risk score
39.8
Wildfire risk score
67.7
Walkability (1 to 20)
7.8
Road, rail and air noise
51 dB
Questions people ask
Is Phillips County, MT overvalued?
Home prices in Phillips County, MT are well above what local incomes have historically supported: fair value is about $175,997, so the area is 20.9% overvalued.
Is Phillips County, MT a buyer's or seller's market?
Phillips County, MT is a balanced market, leaning toward buyers: homes take about 109 days to sell, listings are up 14% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Phillips County, MT?
Home values in Phillips County, MT are up 5.0% over the last year.
How much do you need to earn to buy a home in Phillips County, MT?
A household needs about $46,120 a year to afford the typical home in Phillips County, MT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,463.