Cascade, MT 59421 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cascade, MT—59421

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$408,000

5.0% YoY Growth

Household Income

$71,700

40.1% YoY Growth

Days on Market

234

142.0% Longer YoY

Home Price Forecast

3.6%

Median Rent

$375

41.6% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,190

0.0% YoY Growth

Home Price Trends — Cascade, MT

As of May '25, the median home price in Cascade, MT is $390,000, with a year-over-year change of 5.5%. This indicates that home prices in Cascade, MT are increasing. According to Zillow, the 1-year price projection is 6.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$408,000	5.0%
Single Family	$408,000	4.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Cascade, MT

As of July '25, Rentcast reports the average rent in Cascade, MT is $1,280, with a year-over-year rent change of -41.6%. Per bedroom, the median rent as of July '25 in Cascade, MT is studios: $375, 3-bedrooms: $2,190. The most common rental property sizes in Cascade, MT are 2-bedroom and 4-bedroom, accounting for 56.2% and 25.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$375	$1,280
Studio Rent	$375	$375
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,190	$2,190
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

Studio

1.5%

1 Bedroom

2.3%

2 Bedrooms

56.2%

3 Bedrooms

12.3%

4 Bedrooms

25.4%

5+ Bedrooms

2.3%

Property Listings — Cascade, MT

As of May '25, Realtor.com reports that the median days on market for a home in Cascade, MT is 176. This is a increase of 18.0% from last year, suggesting that homes are sitting on the market longer 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	$475,000	-39.0%
Listing Count	16	-12.0%
Listings as % of Homes	0.8%	-12.0%
Days on Market	234	142.0%

Loading chart...

Demographics — Cascade, MT

As of the latest ACS Survey released in 2023, Cascade, MT has a population of 2,040, which has increased by 20.2% over the past 5 years. Cascade, MT is a moderately popular place for families, as children make up 16.4% of the population. The area has a moderately educated workforce, with 29.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,040	20.2%
% Under 18	16.4%	6.5%
% Seniors	28.4%	-12.9%
% WFH	15.7%	115.1%
% w/ College Degree	29.7%	4.2%

Loading chart...

As of the latest ACS Survey released in 2023, Cascade, MT is a predominantly white area, with 92.9% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Cascade, MT is hispanic, making up 2.2% of the population. Foreign-born residents account for 0.2% of the population in Cascade, MT, and this percentage has decreased by 84.6% 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	92.9%	-2.3%
% Black	0.0%	-100.0%
% Hispanic	2.2%	46.7%
% Asian	0.0%	-100.0%
% Foreign Born	0.2%	-84.6%

Loading chart...

Mortgage and Risk — Cascade, MT

According to HUD data as of 2023, there were 29 mortgage originations in Cascade, MT, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Cascade, MT. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	29
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

Loading chart...

Rentals and Section 8 — Cascade, MT

Cascade, MT lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	20
Total Units Section 8	20
% Rentals under Section 8	15.4%
% Occupied Section 8	87.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$950
2 Bedroom	N/A	N/A	$1,250
3 Bedroom	-$450	$2,190	$1,740
4 Bedroom	N/A	N/A	$1,970

Cascade, MT—59421

Key Metrics at a Glance

Home Price Trends — Cascade, MT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cascade, MT

% of Rental Stock

Property Listings — Cascade, MT

Demographics — Cascade, MT

Race and Ethnicity

Mortgage and Risk — Cascade, MT

Mortgages

Rentals and Section 8 — Cascade, MT

Section 8 Market Size

Section 8 Opportunity

Affordability — Cascade, MT

Home Price to Income Ratio

Cascade, MT — ZIP Code Boundary Map

Nearby ZIP Codes

Sun River, MT

Ulm

Olson Place

Fort Shaw, MT

Vaughn, MT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.6
Median Home Price	$408,000
Median Household Income	$71,700

Cascade, MT—59421

Key Metrics at a Glance

Home Price Trends — Cascade, MT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cascade, MT

% of Rental Stock

Property Listings — Cascade, MT

Demographics — Cascade, MT

Race and Ethnicity

Mortgage and Risk — Cascade, MT

Mortgages

Rentals and Section 8 — Cascade, MT

Section 8 Market Size

Section 8 Opportunity

Affordability — Cascade, MT

Home Price to Income Ratio

Cascade, MT — ZIP Code Boundary Map

Nearby ZIP Codes

Sun River, MT

Ulm

Olson Place

Fort Shaw, MT

Vaughn, MT

Frequently Asked Questions

What is the average home price in Cascade, MT 59421?

How have home prices in Cascade, MT 59421 changed over the past year?

What is the home price projection for Cascade, MT 59421?

What are the demographics of Cascade, MT 59421?

How long does it take homes to sell in Cascade, MT 59421?

What is the average rent price in Cascade, MT 59421?