Granite County, Montana Housing Market
In Granite County, Montana, the median home value is $352,700, with a median monthly rent of $675. This places Granite County at #403 nationally out of 3134 counties by median home value, and #15 within Montana.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $843
- Establishments: 157
- BLS QCEW, 2025
Migration Patterns
- Inflow: 1,347 (avg $97,162)
- Outflow: 1,180 (avg $85,264)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Granite County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 59825 | 332.3 | +10.24% | 2024 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Granite County Compares
| Metric | Granite County | Montana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $352,700 | $276,876 | $227,706 |
| Median Gross Rent | $675 | $842 | $968 |
| Owner Occupancy Rate | 77.9% | 73.0% | 73.3% |
| Price/Rent Ratio | 43.5 | 27.2 | 18.7 |
Market Analysis
The median home value in Granite County is 27.4% above the Montana state average and 54.9% above the U.S. national average. The median rent of $675/month is 19.8% below the state average.
With a price-to-rent ratio of 43.5, Granite County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Granite County has an owner-occupancy rate of 77.9%, compared to 73.0% in Montana and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Ulster County | New York | $352,500 | $1,425 |
| Glenn County | California | $352,400 | $1,120 |
| Richmond city | Virginia | $353,000 | $1,372 |
| South Central Connecticut Planning Region | Connecticut | $353,100 | $1,525 |
| New Castle County | Delaware | $352,200 | $1,448 |
Other Counties in Montana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Yellowstone County | $349,500 | $1,131 | 69.6% |
| Sanders County | $359,000 | $820 | 81.3% |
| Mineral County | $364,300 | $801 | 81.1% |
| Sweet Grass County | $330,100 | $1,149 | 79.7% |
| Lewis and Clark County | $393,500 | $1,102 | 70.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).