Stillwater County, Montana Housing Market

In Stillwater County, Montana, the median home value is $405,800, with a median monthly rent of $961. This places Stillwater County at #278 nationally out of 3134 counties by median home value, and #11 within Montana.

Median Home Value $405,800
Median Rent $961/mo
Owner Occupancy 82.9%
Price/Rent Ratio 35.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Stillwater County fell -6.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,452
jobs (private sector)
  • Avg weekly wage: $1,414
  • Establishments: 356
  • BLS QCEW, 2025
🚚

Migration Patterns

+425
net migration (filers, 2021-2022)
  • Inflow: 4,240 (avg $88,587)
  • Outflow: 3,815 (avg $87,146)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Stillwater County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 59063 320.6 +4.05% 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.

How Stillwater County Compares

MetricStillwater CountyMontana AverageU.S. Average
Median Home Value $405,800 $276,876 $227,706
Median Gross Rent $961 $842 $968
Owner Occupancy Rate 82.9% 73.0% 73.3%
Price/Rent Ratio 35.2 27.2 18.7

Market Analysis

The median home value in Stillwater County is 46.6% above the Montana state average and 78.2% above the U.S. national average. The median rent of $961/month is 14.1% above the state average.

With a price-to-rent ratio of 35.2, Stillwater 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.

Stillwater County has an owner-occupancy rate of 82.9%, 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

CountyStateMedian Home ValueMedian Rent
Hamilton County Indiana $405,500 $1,574
Dawson County Georgia $406,700 $1,626
Spotsylvania County Virginia $404,900 $1,779
Mecklenburg County North Carolina $406,800 $1,627
Cobb County Georgia $407,200 $1,730

Other Counties in Montana

CountyMedian Home ValueMedian RentOwner Occ.
Lewis and Clark County $393,500 $1,102 70.1%
Carbon County $420,800 $844 78.0%
Lake County $421,800 $901 75.0%
Broadwater County $426,600 $955 87.8%
Jefferson County $446,900 $925 84.2%

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).