The real estate market in Montana and specifically in Missoula has been an interesting topic of conversation. If you ask most people they have an opinion on the topic. Both home owners and renters are affected by what is happening with the market. I recently found a piece of paper from 2006 that had information about what was happening that year. They listed the "average new home price" at $111,600. That was only 18 years ago.
According to a recent article from KGVO's Peter Christian, who interviewed Brint Wahlberg from Windemere Real Estate about the state of Missoula's real estate market, he said, “A single-family home in Missoula for 2023 sits just under $585,000."
According to Zillow the average home price in Missoula is $532,339. Even though it may seem like it is difficult to find a home that is under the average price. There are some that are available. Here are four Missoula homes that are not only below the average, but are below $500,000 for sale.
These are just a few choices for homes in Missoula for sale under $500,000. Home prices in Missoula have been known to dip a bit in winter. In a few months when spring arrives in Montana it remains to be seen what choices, if any, there will be priced below the average.
PHOTOS: Luxurious Historic Wilma Penthouse for Sale in Missoula, Montana
If you've ever wondered what the penthouse on the fourth floor of the Historic Wilma Theater looks like, here's a peek inside.