Essex, MT—59916
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Essex, MT
As of Oct '25, the median home price in Essex, MT is $409,000, with a year-over-year change of 2.4%. This indicates that home prices in Essex, MT are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $409,000 | 2.4% |
| Single Family | $409,000 | 2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $299,000 | -2.6% |
2 Bed | $446,000 | 0.7% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Essex, MT
Essex, MT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Essex, MT
As of Oct '25, Realtor.com reports that the median days on market for a home in Essex, MT is 88. This is a decrease of -33.0% 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 | $1,380,000 | 66.0% |
Listing Count | 4 | -33.0% |
| Listings as % of Homes | 0.8% | -33.0% |
Days on Market | 88 | -33.0% |
Demographics — Essex, MT
As of the latest ACS Survey released in 2023, Essex, MT has a population of 168, which has remained stable by -0.6% over the past 5 years. Essex, MT is a less popular place for families, as children make up 0.0% of the population. The area has a moderately educated workforce, with 43.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 168 | -0.6% |
% Under 18 | 0.0% | -100.0% |
% Seniors | 35.7% | -7.3% |
% WFH | 25.8% | -28.7% |
% w/ College Degree | 43.3% | 38.8% |
As of the latest ACS Survey released in 2023, Essex, MT is a predominantly white area, with 97.6% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Essex, MT is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Essex, MT, and this percentage has decreased by 100.0% 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 | 97.6% | -1.2% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Essex, MT
Essex, MT lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Essex, MT
Essex, MT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | N/A | N/A | $1,170 |
| 3 Bedroom | N/A | N/A | $1,560 |
| 4 Bedroom | N/A | N/A | $1,960 |
Affordability — Essex, MT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.5 |
| Median Home Price | $409,000 |
| Median Household Income | $60,300 |