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"This is a great resource for anyone buying, selling, or just curious about rural Montana real estate. I have not seen anything this innovative in years; hats off to Andy Rahn!!!"
— David J. Dietrich, Attorney at Law · David J. Dietrich Law
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 3,000 mapped listings and sales.
| Today | This Date 2022 | Percent Change | This Date 2021 | Percent Change | |
|---|---|---|---|---|---|
| Properties for Sale | 372 | 341 | 8% | 425 | 14% |
| New 2023 Listings | 192 | 323 | 68% | 351 | 82% |
| Median Listing Price/Acre | $2,227/acre | $2,462/acre | 11% | $2,000/acre | 10% |
| This Date 2021 | 225 days | 351 days | 56% | 367 days | 63% |
| 2023 Year To Date | 2022 Year To Date | Percent Change | 2021 Year To Date | Percent Change | |
|---|---|---|---|---|---|
| Number of Sales | 143 | 243 | 70% | 351 | 145% |
| Number of Expired/Withdrawn Listings | 114 | 106 | 7% | 149 | 30% |
| Median Sale Price/Acre | $1,616/acre | $1,484/acre | 8% | $1,722/acre | 6% |
| Median DOM (Days On Market) of Sales | 207 days | 254 days | 23% | 349 days | 68% |
| 2022 | 2021 | |
|---|---|---|
| Total Listings | 1,011 listings | 1,255 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 | 367 days |