Bigfork, MT59911

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$776,000
1.0% YoY Growth
Median Household Income
$81,800
35.8% 5-Year Growth
Days on Market
129
45.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$2,850
65.7% YoY Growth
1-Bed Rent
$1,350
103.6% YoY Growth
2-Bed Rent
$1,500
11.6% YoY Growth
3-Bed Rent
$3,350
39.6% YoY Growth

Property Listings — Bigfork, MT

As of Oct '25, Realtor.com reports that the median days on market for a home in Bigfork, MT is 129. This is a increase of 45.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,050,00013.0%
Listing Count
14218.0%
Listings as % of Homes1.1%18.0%
Days on Market
12945.0%
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Demographics — Bigfork, MT

As of the latest ACS Survey released in 2023, Bigfork, MT has a population of 9,320, which has increased by 13.3% over the past 5 years. Bigfork, MT is a moderately popular place for families, as children make up 15.0% of the population. The area has a highly educated workforce, with 50.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
9,32013.3%
% Under 18
15.0%-3.8%
% Seniors
30.3%-5.6%
% WFH
17.3%31.1%
% w/ College Degree
50.5%46.8%
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As of the latest ACS Survey released in 2023, Bigfork, MT is a predominantly white area, with 87.1% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Bigfork, MT is hispanic, making up 6.5% of the population. Foreign-born residents account for 3.5% of the population in Bigfork, MT, and this percentage has decreased by 18.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
87.1%-4.9%
% Black
0.2%-66.7%
% Hispanic
6.5%124.1%
% Asian
0.2%0.0%
% Foreign Born
3.5%-18.6%
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Mortgage and Risk — Bigfork, MT

According to HUD data as of 2023, there were 159 mortgage originations in Bigfork, MT, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Bigfork, MT. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
159
% Conventional Loans
91.0%
% Government Loans
9.0%
% Investor Loans
3.0%
% Second Loans
16.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Bigfork, MT

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

Section 8 Market Size

Total Units under HUD
9
Total Units Section 8
9
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$20$1,350$1,330
2 Bedroom$240$1,500$1,740
3 Bedroom-$1,070$3,350$2,280
4 Bedroom-$760$3,500$2,740

Affordability — Bigfork, MT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio9.2
Median Home Price$776,000
Median Household Income$81,800

Bigfork, MT — ZIP Code Boundary Map

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Frequently Asked Questions