Joliet, MT—59041
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Joliet, MT
As of Oct '25, the median home price in Joliet, MT is $510,000, with a year-over-year change of 4.7%. This indicates that home prices in Joliet, MT are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $510,000 | 4.7% |
| Single Family | $509,000 | 4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $338,000 | 6.0% |
3 Bed | $561,000 | 4.7% |
4 Bed | $608,000 | 4.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Joliet, MT
Joliet, MT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Joliet, MT
As of Oct '25, Realtor.com reports that the median days on market for a home in Joliet, MT is 71. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $430,000 | 1.0% |
Listing Count | 11 | 6.0% |
| Listings as % of Homes | 0.7% | 6.0% |
Days on Market | 71 | -10.0% |
Demographics — Joliet, MT
As of the latest ACS Survey released in 2023, Joliet, MT has a population of 2,220, which has increased by 25.4% over the past 5 years. Joliet, MT is a moderately popular place for families, as children make up 20.8% of the population. The area has a poorly educated workforce, with 19.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,220 | 25.4% |
% Under 18 | 20.8% | -5.0% |
% Seniors | 27.8% | 33.0% |
% WFH | 8.8% | 7.3% |
% w/ College Degree | 19.8% | -31.5% |
As of the latest ACS Survey released in 2023, Joliet, MT is a predominantly white area, with 91.6% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Joliet, MT is hispanic, making up 2.8% of the population. Foreign-born residents account for 0.0% of the population in Joliet, MT, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.6% | -4.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.8% | ∞% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Joliet, MT
According to HUD data as of 2023, there were 53 mortgage originations in Joliet, MT, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Joliet, MT. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 53 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Joliet, MT
Joliet, MT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,250 |
| 2 Bedroom | N/A | N/A | $1,620 |
| 3 Bedroom | N/A | N/A | $2,230 |
| 4 Bedroom | N/A | N/A | $2,510 |
Affordability — Joliet, MT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $510,000 |
| Median Household Income | $77,400 |