McCone County, Montana Housing Market
In McCone County, Montana, the median home value is $211,600, with a median monthly rent of $556. This places McCone County at #1286 nationally out of 3134 counties by median home value, and #35 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: $1,062
- Establishments: 66
- BLS QCEW, 2025
Housing Supply
- Single-family: 1
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 711 (avg $60,745)
- Outflow: 687 (avg $60,760)
- IRS Statistics of Income
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| Metric | McCone County | Montana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $211,600 | $276,876 | $227,706 |
| Median Gross Rent | $556 | $842 | $968 |
| Owner Occupancy Rate | 89.8% | 73.0% | 73.3% |
| Price/Rent Ratio | 31.7 | 27.2 | 18.7 |
Market Analysis
The median home value in McCone County is 23.6% below the Montana state average and 7.1% below the U.S. national average. The median rent of $556/month is 34.0% below the state average.
With a price-to-rent ratio of 31.7, McCone 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.
McCone County has an owner-occupancy rate of 89.8%, 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 |
|---|---|---|---|
| Campbell County | Virginia | $211,600 | $891 |
| Yuma County | Colorado | $211,700 | $942 |
| Champaign County | Illinois | $211,500 | $1,051 |
| St. James Parish | Louisiana | $211,800 | $903 |
| Alexander County | North Carolina | $211,800 | $764 |
Other Counties in Montana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Golden Valley County | $212,200 | $783 | 81.1% |
| Chouteau County | $207,800 | $536 | 68.2% |
| Pondera County | $206,100 | $784 | 67.7% |
| Toole County | $218,400 | $826 | 63.1% |
| Custer County | $219,100 | $893 | 69.9% |
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).