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HAMILTON, MT 59840

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

Market Overview

Active Listings
84
⇧ 31.3% vs 64 last year
Pending
9
11% pending ratio
Median Price
$800,000
⇧ 6.4% vs $751,750 last year
Average Price
$1,762,727
⇧ 16.1% vs $1,517,690 last year
Days on Market
114
⇩ 10.9% vs 128 days last year

Market Context

Population: 14,625  ·  Density: 10.5/mi²  ·  Median household income: $62,576

Typical home value: $358,506  ·  Homeownership: 69.4%

Market Analysis

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

The HAMILTON, MT real estate market (59840) currently shows 84 active listings, with 9 pending sales. Homes are averaging 114 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are selling faster, averaging 114 days on market compared to 128 days last year.

The median listing price has risen 6.4% year-over-year, from $751,750 to $800,000.

Whether you are buying or selling in HAMILTON, 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: 84 this year vs 64 last year
  • Days on market: 114 now vs 128 last year

Median & Average Pricing

Year over Year
  • Median: $800,000 (+6.4% YoY)
  • Average: $1,762,727 (+16.1% 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 55.6 miles — 431 listings ($555,896,205 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59840Hamilton, MT 598400.0 mi84$148,069,068$800,000$1,762,727
59875Victor, MT 5987517.5 mi22$37,948,856$1,112,500$1,724,948
59870Stevensville, MT 5987023.7 mi64$79,250,624$787,000$1,238,291
59829Darby, MT 5982927.0 mi21$73,411,191$909,000$3,495,771
59833Florence, MT 5983332.4 mi36$42,833,592$749,000$1,189,822
59825Clinton, MT 5982539.8 mi10$12,504,480$1,024,500$1,250,448
59803Missoula, MT 5980342.3 mi65$61,988,225$749,000$953,665
59837Hall, MT 5983747.2 mi4$4,577,332$1,348,000$1,144,333
59761Wisdom, MT 5976148.7 mi3$1,974,000$725,000$658,000
59851Milltown, MT 5985149.5 mi1$400,000$400,000$400,000
83466North Fork, ID 8346650.8 mi3$3,630,000$695,000$1,210,000
59832Drummond, MT 5983254.6 mi9$4,820,103$418,000$535,567
59808Missoula, MT 5980855.6 mi109$84,488,734$599,450$775,126

Frequently Asked Questions

How many homes are for sale in HAMILTON, MT 59840?

As of January 2026, there are 84 active listings in HAMILTON, MT (zip code 59840), compared to 64 the prior year.

What is the median home price in HAMILTON, MT 59840?

The median listing price in HAMILTON, MT 59840 is $800,000 as of January 2026, a 6.4% increase from $751,750 the prior year.

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

Homes in HAMILTON, MT 59840 spend an average of 114 days on the market before going under contract, compared to 128 days the prior year.

Is it a seller's or buyer's market in HAMILTON, MT 59840?

Based on current inventory and days-on-market data as of January 2026, HAMILTON, MT 59840 is currently a Balanced Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are selling faster, averaging 114 days on market compared to 128 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HAMILTON, MT 59840 save an estimated $16,000 compared to a typical 5% commission on the median listing price of $800,000. 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.