Toole County, Montana Housing Market

In Toole County, Montana, the median home value is $218,400, with a median monthly rent of $826. This places Toole County at #1205 nationally out of 3134 counties by median home value, and #33 within Montana.

Median Home Value $218,400
Median Rent $826/mo
Owner Occupancy 63.1%
Price/Rent Ratio 22.0

📈 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 Toole County rose +0.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,277
jobs (private sector)
  • Avg weekly wage: $1,128
  • Establishments: 193
  • BLS QCEW, 2025
🚚

Migration Patterns

+252
net migration (filers, 2021-2022)
  • Inflow: 2,111 (avg $54,799)
  • Outflow: 1,859 (avg $56,503)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 59474 248.2 +0.15% 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 Toole County Compares

MetricToole CountyMontana AverageU.S. Average
Median Home Value $218,400 $276,876 $227,706
Median Gross Rent $826 $842 $968
Owner Occupancy Rate 63.1% 73.0% 73.3%
Price/Rent Ratio 22.0 27.2 18.7

Market Analysis

The median home value in Toole County is 21.1% below the Montana state average and 4.1% below the U.S. national average. The median rent of $826/month is 1.9% below the state average.

With a price-to-rent ratio of 22.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Toole County has an owner-occupancy rate of 63.1%, compared to 73.0% in Montana and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
North Slope Borough Alaska $218,300 $1,254
Cochise County Arizona $218,300 $995
Long County Georgia $218,300 $976
Emery County Utah $218,700 $739
Whitfield County Georgia $218,000 $971

Other Counties in Montana

CountyMedian Home ValueMedian RentOwner Occ.
Custer County $219,100 $893 69.9%
Golden Valley County $212,200 $783 81.1%
McCone County $211,600 $556 89.8%
Chouteau County $207,800 $536 68.2%
Treasure County $230,300 $850 68.3%

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).