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Market Intelligence · MT / Gallatin County

Big Sky, MT home prices and housing market

1 ZIP market liveData updated September 2026Typical value$1.92M1-yr changeUp5.9%

The typical home value in Big Sky, MT is $1.92M as of September 2026, up 5.9% from a year ago, based on the Zillow Home Value Index. In the typical Big Sky ZIP code, the median list price is $3.35M and homes spend a median of 97 days on market as of September 2026 (Realtor.com).

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The coverage

Big Sky, by the numbers.

Typical home valueZillow ZHVI, September 2026
$1.92M
1-yr changeMedian across Big Sky ZIPs
+5.9%
ZIP markets live
1
County
Gallatin County

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12-month value trend

+5.9% over 12 months

Typical home value in Big Sky over the last 12 months: $1.81M in Sep 2025 to $1.92M in Sep 2026 (+5.9%).

Sep 2025$1.81M

Sep 2026$1.92M

Median Zillow home value index across Big Sky's ZIP codes.

Context

Big Sky's housing market remains strong, with a typical home value of $1,918,284 as of September 2026, up 5.9% over the past year. There are 147 homes for sale in the area, with a median list price of $3,348,750. New listings averaged 24 in September 2026, while homes typically spent 97 days on the market. Only 3.6% of listings carried a price cut, suggesting steady demand. For sellers, the market is moving, though inventory remains limited and days on market are substantial, so pricing strategy matters.

The numbers

What is the housing market like in Big Sky, MT?

Typical home value

$1.92M

Up5.9%YoY

Median list price

$3.35M

Days on market

97

Homes for sale

147

Price cuts

3.6%

New listings

24

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Big Sky's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Big Sky, MT home prices over time

Typical home values in Big Sky, MT are up 5.9% over the past year, from $1.81M in September 2025 to $1.92M in September 2026.

Typical home value in Big Sky, MT, September of each year
MonthTypical value1-yr change
September 2026$1,918,284+5.9%
September 2025$1,810,925No prior year

Typical value is the median Zillow Home Value Index across Big Sky ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Big Sky, MT a buyer's or seller's market?

Big Sky, MT leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 97 days on market and 4% of listings with a price cut in the typical Big Sky ZIP code, and 24 new listings against 147 active listings across Big Sky, as of September 2026 (Realtor.com).

The outlook

Big Sky housing market forecast 2027

+2.8%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Big Sky ZIP code, points to typical home values rising 2.8% by September 2027.

Over the 12 months through September 2026, typical home values in Big Sky rose 5.9%, per the Zillow Home Value Index.

Will home prices drop in Big Sky?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Big Sky shows typical home values rising 2.8% by September 2027, after a 5.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Big Sky ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Big Sky?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Big Sky, MT home prices.

How much is a typical home worth in Big Sky?

The typical home value in Big Sky is $1,918,284 as of September 2026, representing a 5.9% increase over the past year.

How many homes are currently for sale in Big Sky?

There are 147 homes for sale in Big Sky as of September 2026, with a median list price of $3,348,750.

How long do homes take to sell in Big Sky?

Homes in Big Sky typically spend 97 days on the market as of September 2026.

Are home prices going up or down in Big Sky, MT?

Typical home values in Big Sky, MT are up 5.9% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Big Sky, MT a buyer's or seller's market?

Big Sky, MT leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 97 days on market and 4% of listings with a price cut in the typical Big Sky ZIP code, and 24 new listings against 147 active listings across Big Sky, as of September 2026 (Realtor.com).

Nearby markets

More Montana housing markets.

The market is moving

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