Market Intelligence · MT / Great Falls

Great Falls, MT 59401 Housing Market

The typical home value in Great Falls, MT 59401 is $287,584, up 2.7% over the past year as of September 2026. The median list price is $324,700, and homes have a median days on market of 48.

Updated September 2026Median value$288K

The median home value in Great Falls, MT 59401 is $288K as of September 2026, up 2.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 59401 range

$265K to $311K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.7% over 12 months

Sep 2025$280K

Low $280KHigh $288K

Sep 2026$288K

The numbers

What is the 59401 housing market like?

As of September 2026

Typical home value

$288K

2.7%YoY

Median list price

$325K

1.6%MoM

Days on market

23.8%MoM

Homes for sale

20.0%MoM

Price cuts

8.6%

50.3%MoM

New listings

37.5%MoM

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

The outlook

59401 housing market forecast 2027

+4.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 59401 to rise 4.2% by September 2027.

Over the 12 months through September 2026, typical home values in 59401 rose 2.7%, per the Zillow Home Value Index.

Will home prices drop in 59401?

Zillow's forecast does not call for a drop: it expects typical home values in 59401 to rise 4.2% 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.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 59401 home prices compare?

59401$287,584
Great Falls$327,355
Montana$420,839
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Great Falls: 3 ZIPs; Montana: 232 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, Great Falls, MT 59401 has 36 homes for sale, with 22 new listings entering the market. The median list price is $324,700 while the typical home value is $287,584, up 2.7% over the past year. A median days on market of 48 suggests buyers have some time to compare options. Only 8.6% of listings had a price cut. For a seller, that points to a market that rewards realistic pricing more than aggressive testing.

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Down payment20% · $57,517

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Common questions

What people ask us.

How much is a home in 59401 worth?

The typical home value is $287,584, up 2.7% over the past year as of September 2026.

How fast are homes selling in 59401?

The median days on market is 48 as of September 2026, and there are 36 homes for sale.

Are sellers cutting prices in 59401?

As of September 2026, 8.6% of listings had a price cut. The median list price is $324,700.

Discover

Nearby ZIP markets.

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