Valley County, Montana Housing Market

In Valley County, Montana, the median home value is $198,400, with a median monthly rent of $767. This places Valley County at #1420 nationally out of 3134 counties by median home value, and #41 within Montana.

Median Home Value $198,400
Median Rent $767/mo
Owner Occupancy 78.5%
Price/Rent Ratio 21.6

📈 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 Valley County fell -7.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,113
jobs (private sector)
  • Avg weekly wage: $998
  • Establishments: 288
  • BLS QCEW, 2025
🚚

Migration Patterns

+241
net migration (filers, 2021-2022)
  • Inflow: 3,085 (avg $72,438)
  • Outflow: 2,844 (avg $71,824)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 59230 351.4 -8.59% 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 Valley County Compares

MetricValley CountyMontana AverageU.S. Average
Median Home Value $198,400 $276,876 $227,706
Median Gross Rent $767 $842 $968
Owner Occupancy Rate 78.5% 73.0% 73.3%
Price/Rent Ratio 21.6 27.2 18.7

Market Analysis

The median home value in Valley County is 28.3% below the Montana state average and 12.9% below the U.S. national average. The median rent of $767/month is 8.9% below the state average.

With a price-to-rent ratio of 21.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Valley County has an owner-occupancy rate of 78.5%, 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
Dade County Georgia $198,500 $829
Muskegon County Michigan $198,300 $1,028
Ionia County Michigan $198,500 $884
Mercer County North Dakota $198,500 $1,031
Taylor County Texas $198,600 $1,159

Other Counties in Montana

CountyMedian Home ValueMedian RentOwner Occ.
Carter County $199,200 $824 62.2%
Phillips County $197,600 $536 73.5%
Petroleum County $201,400 $800 72.9%
Hill County $202,600 $776 66.1%
Powder River County $192,100 $533 78.8%

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).