Boulder, MT—59632
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Boulder, MT
As of Oct '25, the median home price in Boulder, MT is $342,000, with a year-over-year change of 4.9%. This indicates that home prices in Boulder, MT are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $342,000 | 4.9% |
| Single Family | $342,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $330,000 | 4.8% |
3 Bed | $352,000 | 5.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Boulder, MT
As of July '25, Rentcast reports the average rent in Boulder, MT is $1,840, with a year-over-year rent change of -16.4%. Per bedroom, the median rent as of July '25 in Boulder, MT is 3-bedrooms: $1,500, 4-bedrooms: $2,200. The most common rental property sizes in Boulder, MT are 3-bedroom and 1-bedroom, accounting for 60.4% and 19.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,840 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Boulder, MT
As of Oct '25, Realtor.com reports that the median days on market for a home in Boulder, MT is 62. This is a decrease of -12.0% 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 | $450,000 | 59.0% |
Listing Count | 9 | 62.0% |
| Listings as % of Homes | 0.5% | 62.0% |
Days on Market | 62 | -12.0% |
Demographics — Boulder, MT
As of the latest ACS Survey released in 2023, Boulder, MT has a population of 2,540, which has increased by 57.0% over the past 5 years. Boulder, MT is a moderately popular place for families, as children make up 19.6% of the population. The area has a moderately educated workforce, with 28.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,540 | 57.0% |
% Under 18 | 19.6% | 14.0% |
% Seniors | 15.0% | -37.5% |
% WFH | 13.8% | 263.2% |
% w/ College Degree | 28.7% | 67.8% |
As of the latest ACS Survey released in 2023, Boulder, MT is a predominantly white area, with 88.1% of the population identifying as white. The white population has grown by 7.0% in the last 5 years. The second most common race or ethnicity in Boulder, MT is hispanic, making up 3.9% of the population. Foreign-born residents account for 0.9% of the population in Boulder, MT, and this percentage has increased by 125.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.1% | 7.0% |
% Black | 0.0% | N/A |
% Hispanic | 3.9% | -54.7% |
% Asian | 0.9% | 800.0% |
% Foreign Born | 0.9% | 125.0% |
Mortgage and Risk — Boulder, MT
According to HUD data as of 2023, there were 83 mortgage originations in Boulder, MT, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Boulder, MT. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 83 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 0.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Boulder, MT
Boulder, MT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 42 |
Total Units Section 8 | 42 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,150 |
| 3 Bedroom | $110 | $1,500 | $1,610 |
| 4 Bedroom | -$370 | $2,200 | $1,830 |
Affordability — Boulder, MT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $342,000 |
| Median Household Income | $62,800 |