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MELROSE, MT 59743

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

Market Analysis

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

The MELROSE, MT real estate market (59743) currently shows 4 active listings, with 1 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 51 days on market compared to 249 days last year.

The median listing price has risen 27.9% year-over-year, from $332,000 to $424,750.

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 Context

Market Context

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

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

Market Overview

Active Listings
4
vs 4 last year
Pending
1
25% pending ratio
Median Price
$424,750
⇧ 27.9% vs $332,000 last year
Average Price
$758,250
⇩ 7.5% vs $819,375 last year
Days on Market
51
⇩ 79.5% vs 249 days last year

Price Per Square Foot

Median $/sqft
$551
⇧ 184% vs $194/sqft last year
Median Home Size
2,025 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 51 now vs 249 last year

Median & Average Pricing

Year over Year
  • Median: $424,750 (+27.9% YoY)
  • Average: $758,250 (-7.5% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 56.4 miles — 280 listings ($159,580,107 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59743Melrose, MT 597430.0 mi4$2,420,000$272,500$605,000
59754Twin Bridges, MT 5975419.9 mi5$3,434,140$699,000$686,828
59750Butte, MT 5975022.2 mi3$2,267,451$735,000$755,817
59748Ramsay, MT 5974830.9 mi3$1,852,500$617,500$617,500
59701Butte, MT 5970133.1 mi147$60,090,366$331,492$408,778
59725Dillon, MT 5972537.5 mi27$16,560,801$544,925$613,363
59711Anaconda, MT 5971138.3 mi41$18,408,262$373,250$448,982
59735Harrison, MT 5973543.8 mi4$2,767,500$766,250$691,875
59755Virginia City, MT 5975545.3 mi4$1,460,000$350,000$365,000
59710Alder, MT 5971049.0 mi3$2,498,001$999,000$832,667
59722Deer Lodge, MT 5972251.9 mi28$27,962,144$599,900$998,648
59871Sula, MT 5987155.1 mi9$11,073,942$575,000$1,230,438
59760Willow Creek, MT 5976056.4 mi2$8,785,000$4,392,500$4,392,500

Frequently Asked Questions

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

As of March 2026, there are 4 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 $424,750 as of March 2026, a 27.9% increase from $332,000 the prior year.

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

Homes in MELROSE, MT 59743 spend an average of 51 days on the market before going under contract, compared to 249 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 March 2026, MELROSE, MT 59743 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 51 days on market compared to 249 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 $8,495 compared to a typical 5% commission on the median listing price of $424,750. 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.