Polson, MT—59860
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Polson, MT
Polson, MT lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $564,000 | -0.8% |
| Single Family | $576,000 | -1.2% |
| Condos | $336,000 | -10.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $419,000 | -2.8% |
2 Bed | $496,000 | -1.8% |
3 Bed | $585,000 | -0.8% |
4 Bed | $730,000 | 0.1% |
| 5 Bed | $855,000 | -0.3% |
% of Housing Stock
Rental Trends — Polson, MT
As of July '25, Rentcast reports the average rent in Polson, MT is $1,840, with a year-over-year rent change of 3.4%. Per bedroom, the median rent as of July '25 in Polson, MT is studios: $1,100, 1-bedrooms: $1,000, 2-bedrooms: $1,780, 3-bedrooms: $2,070. The most common rental property sizes in Polson, MT are 2-bedroom and 1-bedroom, accounting for 47.6% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,840 |
| Studio Rent | $1,100 | $1,100 |
| 1 Bed Rent | $1,000 | $1,000 |
| 2 Bed Rent | $1,650 | $1,780 |
| 3 Bed Rent | $2,000 | $2,070 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Polson, MT
As of Oct '25, Realtor.com reports that the median days on market for a home in Polson, MT is 112. This is a decrease of -5.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $630,000 | -16.0% |
Listing Count | 110 | 4.0% |
| Listings as % of Homes | 0.5% | 4.0% |
Days on Market | 112 | -5.0% |
Demographics — Polson, MT
As of the latest ACS Survey released in 2023, Polson, MT has a population of 11,600, which has increased by 17.0% over the past 5 years. Polson, MT is a moderately popular place for families, as children make up 20.9% of the population. The area has a moderately educated workforce, with 33.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,600 | 17.0% |
% Under 18 | 20.9% | 3.5% |
% Seniors | 25.1% | 8.7% |
% WFH | 8.4% | 23.5% |
% w/ College Degree | 33.0% | 1.5% |
As of the latest ACS Survey released in 2023, Polson, MT is a predominantly white area, with 69.5% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Polson, MT is hispanic, making up 4.2% of the population. Foreign-born residents account for 3.2% of the population in Polson, MT, and this percentage has increased by 28.0% 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 | 69.5% | -6.1% |
% Black | 0.3% | 0.0% |
% Hispanic | 4.2% | 16.7% |
% Asian | 0.5% | 25.0% |
% Foreign Born | 3.2% | 28.0% |
Mortgage and Risk — Polson, MT
According to HUD data as of 2023, there were 158 mortgage originations in Polson, MT, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Polson, 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 | 158 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 3.0% |
% Second Loans | 13.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Polson, MT
Polson, MT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 106 |
Total Units Section 8 | 106 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $80 | $1,000 | $1,080 |
| 2 Bedroom | -$240 | $1,650 | $1,410 |
| 3 Bedroom | -$220 | $2,000 | $1,780 |
| 4 Bedroom | N/A | N/A | $1,870 |
Affordability — Polson, MT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.9 |
| Median Home Price | $564,000 |
| Median Household Income | $59,900 |