Open on the map

Powder River 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$278,081+11.2% 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$60,282About 1.0× the local median income ($61,612): affordable for a typical household
Days on market8 daysFaster than a year ago: sellers have the edge

The typical home in Powder River County, MT is worth $278,081, up 11.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $197,960, so the area is 40.5% overvalued. It is a seller's market: homes take about 8 days to sell, listings are down 0% from a year ago, 0% of listings have had a price cut. A household needs about $60,282 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 $61,612. In the latest IRS figures, 51 more people moved in than out.

Home value over time

$0K$50K$100K$150K$200K$250K20202025
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$278,081
Change in 1 year+11.2%
Overvalued %+40.5%
Show 6 more
Fair home value$197,960
Change in 5 years+62.3%
Home value to income4.5×
Monthly mortgage payment (20% down)$1,507
Income needed to afford it$60,282
Property tax rate0.68%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$1,028

Market activity

Listings vs a year ago0.0%
Days on market8
Listings with a price cut0.0%
Show 3 more
Homes for sale1
Pending sales per 100 listings100
Asking price per sq ft$84

People and jobs

Median household income$61,612
Population change (1 year)+1.3%
Unemployment rate0.7%
Show 4 more
Population1,781
Income adjusted for cost of living$67,262
Net moves in (IRS)+51
Cost of living (US = 100)91.6

Schools, risk and environment

School rating (1 to 10)4.8
FEMA hazard risk score (0 to 100)4.0
Unhealthy air days a year12
Show 4 more
Flood risk score7.8
Wildfire risk score88.0
Walkability (1 to 20)4.6
Road, rail and air noise55 dB

Questions people ask

Is Powder River County, MT overvalued?
Home prices in Powder River County, MT are well above what local incomes have historically supported: fair value is about $197,960, so the area is 40.5% overvalued.
Is Powder River County, MT a buyer's or seller's market?
Powder River County, MT is a seller's market: homes take about 8 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 Powder River County, MT?
Home values in Powder River County, MT are up 11.2% over the last year.
How much do you need to earn to buy a home in Powder River County, MT?
A household needs about $60,282 a year to afford the typical home in Powder River County, MT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,612.

Nearby and similar counties

ZIP codes in Powder River County (open on the map)

See every chart for Powder River County, MT on the map