Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$356,563+8.1% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 14% have cut their price
Income needed to buy, per year$77,295About 1.2× the local median income ($64,349): a stretch for a typical household
Days on market92 daysSlower than a year ago: buyers have time to negotiate
The typical home in Teton County, MT is worth $356,563, up 8.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $254,733, so the area is 40.0% overvalued. It is a balanced market, leaning toward sellers: homes take about 92 days to sell, listings are down 21% from a year ago, 14% of listings have had a price cut. A household needs about $77,295 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 $64,349. In the latest IRS figures, 66 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
$356,563
Change in 1 year
+8.1%
Overvalued %
+40.0%
Show 6 more
Fair home value
$254,733
Change in 5 years
+44.0%
Home value to income
5.5×
Monthly mortgage payment (20% down)
$1,932
Income needed to afford it
$77,295
Property tax rate
0.75%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,363
Market activity
Listings vs a year ago
−20.7%
Days on market
92
Listings with a price cut
13.8%
Show 3 more
Homes for sale
23
Pending sales per 100 listings
13
Asking price per sq ft
$217
People and jobs
Median household income
$64,349
Population change (1 year)
+0.9%
Unemployment rate
1.1%
Show 4 more
Population
6,496
Income adjusted for cost of living
$70,250
Net moves in (IRS)
+66
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
6.7
FEMA hazard risk score (0 to 100)
19.0
Unhealthy air days a year
0
Show 4 more
Flood risk score
32.2
Wildfire risk score
73.5
Walkability (1 to 20)
6.3
Road, rail and air noise
53 dB
Questions people ask
Is Teton County, MT overvalued?
Home prices in Teton County, MT are well above what local incomes have historically supported: fair value is about $254,733, so the area is 40.0% overvalued.
Is Teton County, MT a buyer's or seller's market?
Teton County, MT is a balanced market, leaning toward sellers: homes take about 92 days to sell, listings are down 21% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Teton County, MT?
Home values in Teton County, MT are up 8.1% over the last year.
How much do you need to earn to buy a home in Teton County, MT?
A household needs about $77,295 a year to afford the typical home in Teton County, MT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,349.