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Market Intelligence · MT / Cascade County

Great Falls, MT home prices and housing market

3 ZIP markets liveData updated September 2026Typical value$327K1-yr changeUp2.7%

The typical home value in Great Falls, MT is $327K as of September 2026, up 2.7% from a year ago, based on the Zillow Home Value Index. In the typical Great Falls ZIP code, the median list price is $406K and homes spend a median of 49 days on market as of September 2026 (Realtor.com).

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The coverage

Great Falls, by the numbers.

Typical home valueZillow ZHVI, September 2026
$327K
1-yr changeMedian across Great Falls ZIPs
+2.7%
ZIP markets live5 tracked in Great Falls
3
County
Cascade County

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12-month value trend

+2.7% over 12 months

Typical home value in Great Falls over the last 12 months: $319K in Sep 2025 to $327K in Sep 2026 (+2.7%).

Sep 2025$319K

Sep 2026$327K

Median Zillow home value index across Great Falls's ZIP codes.

Context

The typical home value in Great Falls is $327,355, up 2.7% over the past year as of September 2026. That is steady, modest appreciation rather than a hot run-up. There were 162 homes for sale in September 2026, with 84 new listings coming on the market during the same period. The median list price sits at $406,225, well above the typical value, which suggests sellers are aiming high. Homes are taking a median of 49 days to sell, and only 9.5% of listings have had a price cut, so most sellers are holding their ask. For a homeowner thinking about selling, this looks like a stable market where realistic pricing matters more than timing.

The numbers

What is the housing market like in Great Falls, MT?

Typical home value

$327K

Up2.7%YoY

Median list price

$406K

Days on market

49

Homes for sale

162

Price cuts

9.5%

New listings

84

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

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

Prices over time

Great Falls, MT home prices over time

Typical home values in Great Falls, MT are up 2.7% over the past year, from $319K in September 2025 to $327K in September 2026.

Typical home value in Great Falls, MT, September of each year
MonthTypical value1-yr change
September 2026$327,355+2.7%
September 2025$318,809No prior year

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

Market balance

Is Great Falls, MT a buyer's or seller's market?

Great Falls, MT leans toward a seller's market.

Relatively few listings have cut their asking price, which usually gives sellers the stronger position.

Based on a median of 49 days on market and 9% of listings with a price cut in the typical Great Falls ZIP code, and 84 new listings against 162 active listings across Great Falls, as of September 2026 (Realtor.com).

The outlook

Great Falls housing market forecast 2027

+4.0%

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

A weighted average of Zillow's ZIP forecasts, across 3 Great Falls ZIP codes, points to typical home values rising 4.0% by September 2027.

Over the 12 months through September 2026, typical home values in Great Falls rose 2.7%, per the Zillow Home Value Index.

Will home prices drop in Great Falls?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Great Falls shows typical home values rising 4.0% by September 2027, after a 2.7% 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). 3 Great Falls ZIP codes have 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 Great Falls?

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. We track 5 Great Falls ZIP codes in total; the remaining 2 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Great Falls, MT home prices.

How much is a home in Great Falls worth?

The typical home value in Great Falls is $327,355 as of September 2026, up 2.7% over the past year. That is a citywide figure, so individual homes will fall above or below it.

How long does it take to sell a home in Great Falls?

The median days on market in Great Falls is 49 as of September 2026. Well-priced homes can move faster, but sellers should plan for a measured pace rather than a quick frenzy.

Are sellers in Great Falls cutting their prices?

As of September 2026, 9.5% of listings in Great Falls have had a price cut. That is a relatively small share, which points to sellers mostly holding firm on their asking prices.

Are home prices going up or down in Great Falls, MT?

Typical home values in Great Falls, MT are up 2.7% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Great Falls, MT a buyer's or seller's market?

Great Falls, MT leans toward a seller's market. Relatively few listings have cut their asking price, which usually gives sellers the stronger position. Based on a median of 49 days on market and 9% of listings with a price cut in the typical Great Falls ZIP code, and 84 new listings against 162 active listings across Great Falls, as of September 2026 (Realtor.com).

Nearby markets

More Montana housing markets.

The market is moving

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