Montana Land Market Statistics | Montana Land Source
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Montana Land Market Statistics

 

Montana Land Source tracks and maps land listings and sales across all of Montana, including farm, ranch and recreational properties, and compiles live market data statistics. 

Being a non-disclosure state, the land market in Montana is characterized by a lack of accurate land value data.  Only Montana Land Source has historic and year-to-date (YTD) data available for both listings and sales, which shows real-time market trends.

The following land market statistics are for properties 200 acres and greater across all of Montana.  We currently have over 2,800 mapped listings and sales.

 

As of today, January 27th 2023...

Percent Change to Today

  Today   This Date 2022 Percent Change   This Date 2021 Percent Change
Properties for Sale 301   339 13%   503 67%
New Listings 13   18 38%   32 146%
Median Listing Price/Acre $2,332/acre   $2,279/acre 2%   $1,758/acre 24%
Median DOM (Days On Market) 235 days   389 days 66%   366 days 55%

Percent Change to 2022 YTD

  2023 Year To Date   2022 Year To Date Percent Change   2021 Year To Date Percent Change
Number of Sales 13   31 138%   32 146%
Number of Expired/Withdrawn Listings 8   12 50%   13 62%
Median Sale Price/Acre $1,629/acre   $1,252/acre 23%   $1,685/acre 3%
Median DOM (Days On Market) of Sales 191 days   214 days 12%   301 days 57%

Prior Year Market Statistics

  2022   2021
Total Listings 1,003 listings   1,254 listings
Median Sales Acreage 508 acres   640 acres
Median Land Sale Price/Acre $1,157/acre   $1,087/acre
Median DOM (Days On Market) of Sales 339 days   366 days

 

 

For more in-depth land market data from Montana Land Source by year, see the links below.

2021 Montana Land Market Statistics

2020 Montana Land Market Statistics

2019 Montana Land Market Statistics

2018 Montana Land Market Statistics