Market Intelligence · MT / Great Falls

Great Falls, MT 59404 Housing Market

The typical home value in Great Falls, MT 59404 is $389,707, up 3.0% over the past year as of September 2026. Sellers listed homes at a median of $489,900, and homes spent a median of 48 days on the market.

Updated September 2026Median value$390K

The median home value in Great Falls, MT 59404 is $390K as of September 2026, up 3.0% 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 59404 range

$359K to $421K

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

+3.0% over 12 months

Typical home value in 59404 over the last 12 months: $378K in Sep 2025 to $390K in Sep 2026 (+3.0%).

Sep 2025$378K

Sep 2026$390K

The numbers

What is the 59404 housing market like?

Typical home value

$390K

Up3.0%YoY

Median list price

$490K

Up3.1%MoM

Days on market

48

Down9.4%MoM

Homes for sale

68

Up1.5%MoM

Price cuts

16.7%

Up57.1%MoM

New listings

32

Down27.3%MoM

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

The outlook

59404 housing market forecast 2027

+3.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 59404 to rise 3.8% by September 2027.

Over the 12 months through September 2026, typical home values in 59404 rose 3.0%, per the Zillow Home Value Index.

Will home prices drop in 59404?

Zillow's forecast does not call for a drop: it expects typical home values in 59404 to rise 3.8% by September 2027, after a 3.0% 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 59404 home prices compare?

  • 59404$389,707
  • 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

There were 68 homes for sale in 59404 as of September 2026, with 32 new listings coming on that month. The median list price was $489,900, and the median days on market was 48. About 16.7% of listings had a price cut. Typical home values were $389,707, up 3.0% over the past year. For a seller, that adds up to a market that is still moving, but pricing right from the start matters.

Monthly payment

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20% · $77,941

Common questions

What people ask us.

How much is a home in 59404 worth?

The typical home value in Great Falls, MT 59404 is $389,707, up 3.0% over the past year as of September 2026.

How long does it take to sell a home in 59404?

Homes in 59404 spent a median of 48 days on the market as of September 2026.

Are sellers cutting prices in 59404?

Yes. About 16.7% of listings had a price cut as of September 2026, even while typical values were up 3.0% over the past year.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.