Montana's housing puzzle at the legislative halftime
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March 15, 2023
There’s broad bipartisan agreement in the Montana Capitol that rising housing costs, driven by the state’s finite supply of homes and rapid in-migration from other states, rank among the most pressing issues facing Montana residents.
According to real estate website Zillow, the typical home price in Montana was $430,000 in January, a slight dip from last summer, but an increase of nearly double in five years. Anecdotal evidence indicates that rents are also a major pain point for many residents, particularly in tight markets around Bozeman, Missoula and the Flathead Valley.
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