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MELROSE, MT 59743

Real Estate Market Report  ·  Beaverhead County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇩ 25% vs 4 last year
Pending
0
0% pending ratio
Median Price
$112,000
⇩ 69.1% vs $362,000 last year
Average Price
$142,333
⇩ 82.9% vs $834,750 last year
Days on Market
264
⇧ 38.9% vs 190 days last year

Market Context

Population: 186  ·  Density: 0.3/mi²  ·  Median household income: $37,292

Typical home value: $488,077  ·  Homeownership: 81.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MELROSE, MT real estate market (59743) currently shows 3 active listings. Homes are averaging 264 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 264 days on market compared to 190 days last year.

The median listing price has fallen 69.1% year-over-year, from $362,000 to $112,000.

Whether you are buying or selling in MELROSE, MT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 4 last year
  • Days on market: 264 now vs 190 last year

Median & Average Pricing

Year over Year
  • Median: $112,000 (-69.1% YoY)
  • Average: $142,333 (-82.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 55.3 miles — 71 listings ($57,411,376 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59743Melrose, MT 597430.0 mi3$426,999$112,000$142,333
59727Divide, MT 5972713.1 mi1$595,000$595,000$595,000
59746Polaris, MT 5974621.6 mi1$1,250,000$1,250,000$1,250,000
59751Silver Star, MT 5975122.7 mi2$1,148,990$574,495$574,495
59759Whitehall, MT 5975932.7 mi17$17,460,700$750,000$1,027,100
59749Sheridan, MT 5974933.5 mi20$14,656,740$699,000$732,837
59761Wisdom, MT 5976137.6 mi3$1,974,000$725,000$658,000
59747Pony, MT 5974740.0 mi3$2,995,500$998,500$998,500
59721Cardwell, MT 5972145.2 mi2$974,000$487,000$487,000
59740McAllister, MT 5974046.0 mi7$9,488,997$925,000$1,355,571
59631Basin, MT 5963150.8 mi2$1,441,900$720,950$720,950
59632Boulder, MT 5963253.0 mi9$4,099,050$372,500$455,450
59745Norris, MT 5974555.3 mi1$899,500$899,500$899,500

Frequently Asked Questions

How many homes are for sale in MELROSE, MT 59743?

As of January 2026, there are 3 active listings in MELROSE, MT (zip code 59743), compared to 4 the prior year.

What is the median home price in MELROSE, MT 59743?

The median listing price in MELROSE, MT 59743 is $112,000 as of January 2026, a 69.1% decrease from $362,000 the prior year.

How long do homes stay on the market in MELROSE, MT?

Homes in MELROSE, MT 59743 spend an average of 264 days on the market before going under contract, compared to 190 days the prior year.

Is it a seller's or buyer's market in MELROSE, MT 59743?

Based on current inventory and days-on-market data as of January 2026, MELROSE, MT 59743 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 264 days on market compared to 190 days last year.

How much can I save on real estate commission in MELROSE, MT?

With SELL123.com's maximum 3% commission, sellers in MELROSE, MT 59743 save an estimated $2,240 compared to a typical 5% commission on the median listing price of $112,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.