Havre, MT—59501
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | $225,000 | 7.1% |
| Single Family | $225,000 | 7.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $95,000 | 3.3% |
2 Bed | $168,000 | 6.3% |
3 Bed | $227,000 | 7.1% |
4 Bed | $260,000 | 7.4% |
| 5 Bed | $330,000 | 7.5% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Havre, MT
As of Oct '25, Realtor.com reports that the median days on market for a home in Havre, MT is 86. This is a increase of 6.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $244,000 | -3.0% |
Listing Count | 42 | -5.0% |
| Listings as % of Homes | 0.6% | -5.0% |
Days on Market | 86 | 6.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Havre, MT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $225,000 |
| Median Household Income | $56,500 |