Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$282,058+5.3% 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$61,144About 0.7× the local median income ($81,961): affordable for a typical household
Days on market46 daysFaster than a year ago: sellers have the edge
The typical home in Richland County, MT is worth $282,058, up 5.3% from a year ago. That is well below what local incomes have historically supported: fair value is about $320,883, so the area is 12.1% undervalued. It is a seller's market: homes take about 46 days to sell, listings are down 33% from a year ago, 0% of listings have had a price cut. A household needs about $61,144 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 $81,961. In the latest IRS figures, 109 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
$282,058
Change in 1 year
+5.3%
Overvalued %
−12.1%
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Fair home value
$320,883
Change in 5 years
−8.6%
Home value to income
3.4×
Monthly mortgage payment (20% down)
$1,529
Income needed to afford it
$61,144
Property tax rate
0.73%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,315
Market activity
Listings vs a year ago
−33.3%
Days on market
46
Listings with a price cut
0.0%
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Homes for sale
20
Pending sales per 100 listings
55
Asking price per sq ft
$149
People and jobs
Median household income
$81,961
Population change (1 year)
+2.8%
Unemployment rate
3.3%
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Population
11,377
Income adjusted for cost of living
$89,477
Net moves in (IRS)
−109
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)
52.7
Unhealthy air days a year
9
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Flood risk score
25.1
Wildfire risk score
55.0
Walkability (1 to 20)
6.8
Road, rail and air noise
53 dB
Questions people ask
Is Richland County, MT overvalued?
Home prices in Richland County, MT are well below what local incomes have historically supported: fair value is about $320,883, so the area is 12.1% undervalued.
Is Richland County, MT a buyer's or seller's market?
Richland County, MT is a seller's market: homes take about 46 days to sell, listings are down 33% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Richland County, MT?
Home values in Richland County, MT are up 5.3% over the last year.
How much do you need to earn to buy a home in Richland County, MT?
A household needs about $61,144 a year to afford the typical home in Richland County, MT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $81,961.