Havre, MT 59501 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Havre, MT—59501

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$236,000

8.2% YoY Growth

Household Income

$56,500

13.8% YoY Growth

Days on Market

52

41.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$850

1.6% YoY Growth

1-Bed Rent

$650

2.6% YoY Growth

2-Bed Rent

$1,000

2.2% YoY Growth

3-Bed Rent

$1,300

1.6% YoY Growth

Home Price Trends — Havre, MT

Havre, MT lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$236,000	8.2%
Single Family	$236,000	8.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	$101,000	8.6%

Rental Trends — Havre, MT

As of July '25, Rentcast reports the average rent in Havre, MT is $957, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Havre, MT is studios: $638, 1-bedrooms: $675, 2-bedrooms: $920, 3-bedrooms: $1,250, 4-bedrooms: $1,680. The most common rental property sizes in Havre, MT are 2-bedroom and 1-bedroom, accounting for 47.7% and 22.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$850	$957
Studio Rent	$525	$638
1 Bed Rent	$650	$675
2 Bed Rent	$1,000	$920
3 Bed Rent	$1,300	$1,250
4 Bed Rent	$1,250	$1,680

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% of Rental Stock

1 Bedroom

22.3%

2 Bedrooms

47.7%

3 Bedrooms

20.7%

4 Bedrooms

7.1%

5+ Bedrooms

2.2%

Property Listings — Havre, MT

As of May '25, Realtor.com reports that the median days on market for a home in Havre, MT is 88. This is a increase of 4.0% 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	$250,000	0.0%
Listing Count	54	-20.0%
Listings as % of Homes	0.6%	-20.0%
Days on Market	52	-41.0%

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Demographics — Havre, MT

As of the latest ACS Survey released in 2023, Havre, MT has a population of 12,400, which has decreased by -2.9% over the past 5 years. Havre, MT is a popular place for families, as children make up 26.2% of the population. The area has a moderately educated workforce, with 26.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	12,400	-2.9%
% Under 18	26.2%	3.1%
% Seniors	17.7%	20.4%
% WFH	3.6%	63.6%
% w/ College Degree	26.8%	1.5%

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As of the latest ACS Survey released in 2023, Havre, MT is a predominantly white area, with 79.4% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Havre, MT is hispanic, making up 3.4% of the population. Foreign-born residents account for 1.0% of the population in Havre, MT, and this percentage has decreased by 37.5% 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	79.4%	-1.5%
% Black	0.4%	300.0%
% Hispanic	3.4%	-20.9%
% Asian	0.2%	-66.7%
% Foreign Born	1.0%	-37.5%

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Mortgage and Risk — Havre, MT

According to HUD data as of 2023, there were 171 mortgage originations in Havre, MT, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Havre, MT. Investor activity is low, as 7.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	171
% Conventional Loans	62.0%
% Government Loans	38.0%
% Investor Loans	7.0%
% Second Loans	2.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Havre, MT

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

Section 8 Market Size

Total Units under HUD	318
Total Units Section 8	318
% Rentals under Section 8	N/A
% Occupied Section 8	77.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$360	$650	$1,010
2 Bedroom	$280	$1,000	$1,280
3 Bedroom	$390	$1,300	$1,690
4 Bedroom	$450	$1,250	$1,700

Havre, MT—59501

Key Metrics at a Glance

Home Price Trends — Havre, MT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Havre, MT

% of Rental Stock

Property Listings — Havre, MT

Demographics — Havre, MT

Race and Ethnicity

Mortgage and Risk — Havre, MT

Mortgages

Rentals and Section 8 — Havre, MT

Section 8 Market Size

Section 8 Opportunity

Affordability — Havre, MT

Home Price to Income Ratio

Havre, MT — ZIP Code Boundary Map

Nearby ZIP Codes

Rocky Boys West, MT

Gildford, MT

Hingham, MT

Hingham, MT

Inverness, MT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$236,000
Median Household Income	$56,500

Havre, MT—59501

Key Metrics at a Glance

Home Price Trends — Havre, MT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Havre, MT

% of Rental Stock

Property Listings — Havre, MT

Demographics — Havre, MT

Race and Ethnicity

Mortgage and Risk — Havre, MT

Mortgages

Rentals and Section 8 — Havre, MT

Section 8 Market Size

Section 8 Opportunity

Affordability — Havre, MT

Home Price to Income Ratio

Havre, MT — ZIP Code Boundary Map

Nearby ZIP Codes

Rocky Boys West, MT

Gildford, MT

Hingham, MT

Hingham, MT

Inverness, MT

Frequently Asked Questions

What is the average home price in Havre, MT 59501?

How have home prices in Havre, MT 59501 changed over the past year?

What is the home price projection for Havre, MT 59501?

What are the demographics of Havre, MT 59501?

How long does it take homes to sell in Havre, MT 59501?

What is the average rent price in Havre, MT 59501?