Jefferson County, Montana Housing Market
In Jefferson County, Montana, the median home value is $446,900, with a median monthly rent of $925. This places Jefferson County at #201 nationally out of 3134 counties by median home value, and #7 within Montana.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,024
- Establishments: 475
- BLS QCEW, 2025
Housing Supply
- Single-family: 11
- Multi-family: 9
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,576 (avg $98,903)
- Outflow: 4,987 (avg $97,446)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Jefferson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 59759 | 390.9 | +22.09% | 2025 |
| 2 | 59634 | 331.1 | +14.02% | 2025 |
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 Jefferson County Compares
| Metric | Jefferson County | Montana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $446,900 | $276,876 | $227,706 |
| Median Gross Rent | $925 | $842 | $968 |
| Owner Occupancy Rate | 84.2% | 73.0% | 73.3% |
| Price/Rent Ratio | 40.3 | 27.2 | 18.7 |
Market Analysis
The median home value in Jefferson County is 61.4% above the Montana state average and 96.3% above the U.S. national average. The median rent of $925/month is 9.9% above the state average.
With a price-to-rent ratio of 40.3, Jefferson 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.
Jefferson County has an owner-occupancy rate of 84.2%, 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 |
|---|---|---|---|
| Humboldt County | California | $446,900 | $1,287 |
| Williamson County | Texas | $447,000 | $1,796 |
| James City County | Virginia | $447,200 | $1,552 |
| Palm Beach County | Florida | $447,300 | $1,916 |
| Santa Fe County | New Mexico | $446,300 | $1,389 |
Other Counties in Montana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Broadwater County | $426,600 | $955 | 87.8% |
| Park County | $467,500 | $976 | 69.4% |
| Madison County | $470,100 | $1,000 | 81.0% |
| Lake County | $421,800 | $901 | 75.0% |
| Missoula County | $472,100 | $1,190 | 58.8% |
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).