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Are home prices going up in Missoula in 2026?

The Villages median home price fell 2.1% year-over-year to $347,528, while national prices rose 2.4%, reflecting uneven market recovery.

  • Missoula's median home sale price reached $597,338 in May, up 5.7% year-over-year and 3.9% month-over-month, according to Redfin Real Estate's analysis of pricing trends over six years.
  • Since the pandemic, home prices climbed at record pace in response to surging demand, creating a sharp affordability decline that weighed on buyers and sellers and slowed market activity to a crawl.
  • Missoula's $597,338 median represents substantial growth from April 2019's $309,900 baseline, while the national median stands at $396,173 with 2.4% year-over-year growth, showing stronger local momentum.
  • The housing market has entered a long, gradual reset phase, with Redfin economists predicting affordability will slowly improve this year and beyond as price growth cools and wages rise.
  • National prices accelerated in April, signaling affordability improvements won't be linear across markets, leaving homebuyers and sellers navigating a continued difficult market despite the emerging reset.
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+3 Reposted by 3 other sources
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Bluefield Daily Telegraph broke the news on Tuesday, May 26, 2026.
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