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HAMILTON, MT 59840

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

Market Analysis

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

The HAMILTON, MT real estate market (59840) currently shows 162 active listings, with 23 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are selling faster, averaging 66 days on market compared to 74 days last year.

The median listing price has fallen 25.2% year-over-year, from $782,250 to $585,000.

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Market Context

Market Context

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

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

Market Overview

Active Listings
162
⇧ 20.9% vs 134 last year
Pending
23
14% pending ratio
Median Price
$585,000
⇩ 25.2% vs $782,250 last year
Average Price
$1,285,926
⇩ 23.4% vs $1,679,332 last year
Days on Market
66
⇩ 10.8% vs 74 days last year

Price Per Square Foot

Median $/sqft
$376
⇧ 0.8% vs $373/sqft last year
Median Home Size
1,795 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 162 this year vs 134 last year
  • Days on market: 66 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $585,000 (-25.2% YoY)
  • Average: $1,285,926 (-23.4% 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 55.6 miles — 450 listings ($607,082,102 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59840Hamilton, MT 598400.0 mi91$176,639,463$775,000$1,941,093
59875Victor, MT 5987517.5 mi22$37,257,330$1,200,000$1,693,515
59870Stevensville, MT 5987023.7 mi69$83,620,548$783,725$1,211,892
59829Darby, MT 5982927.0 mi22$74,356,194$917,000$3,379,827
59833Florence, MT 5983332.4 mi36$41,789,232$810,962$1,160,812
59825Clinton, MT 5982539.8 mi10$13,215,050$915,000$1,321,505
59803Missoula, MT 5980342.3 mi72$71,161,776$765,000$988,358
59837Hall, MT 5983747.2 mi3$3,464,250$1,154,750$1,154,750
59761Wisdom, MT 5976148.7 mi3$2,243,250$781,250$747,750
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$94,484,906$613,854$866,834

Frequently Asked Questions

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

As of September 2026, there are 162 active listings in HAMILTON, MT (zip code 59840), compared to 134 the prior year.

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

The median listing price in HAMILTON, MT 59840 is $585,000 as of September 2026, a 25.2% decrease from $782,250 the prior year.

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

Homes in HAMILTON, MT 59840 spend an average of 66 days on the market before going under contract, compared to 74 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 September 2026, HAMILTON, MT 59840 is currently a Balanced Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are selling faster, averaging 66 days on market compared to 74 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 $11,700 compared to a typical 5% commission on the median listing price of $585,000. 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.