Whitefish, MT—59937
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Whitefish, MT
As of Oct '25, the median home price in Whitefish, MT is $852,000, with a year-over-year change of -3.1%. This indicates that home prices in Whitefish, MT are decreasing. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $852,000 | -3.2% |
| Single Family | $907,000 | -3.3% |
| Condos | $632,000 | -6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $475,000 | -6.7% |
2 Bed | $615,000 | -4.5% |
3 Bed | $898,000 | -3.4% |
4 Bed | $1,367,000 | -2.7% |
| 5 Bed | $2,444,000 | -1.1% |
% of Housing Stock
Rental Trends — Whitefish, MT
As of July '25, Rentcast reports the average rent in Whitefish, MT is $3,090, with a year-over-year rent change of 5.8%. Per bedroom, the median rent as of July '25 in Whitefish, MT is 1-bedrooms: $2,280, 2-bedrooms: $2,620, 3-bedrooms: $3,060, 4-bedrooms: $4,340. The most common rental property sizes in Whitefish, MT are 2-bedroom and 1-bedroom, accounting for 39.5% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $3,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,250 | $2,280 |
| 2 Bed Rent | $2,400 | $2,620 |
| 3 Bed Rent | $2,850 | $3,060 |
| 4 Bed Rent | $3,800 | $4,340 |
% of Rental Stock
Property Listings — Whitefish, MT
As of Oct '25, Realtor.com reports that the median days on market for a home in Whitefish, MT is 116. This is a increase of 21.0% 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 | $1,390,000 | 4.0% |
Listing Count | 328 | 17.0% |
| Listings as % of Homes | 2.4% | 17.0% |
Days on Market | 116 | 21.0% |
Demographics — Whitefish, MT
As of the latest ACS Survey released in 2023, Whitefish, MT has a population of 14,700, which has increased by 5.2% over the past 5 years. Whitefish, MT is a moderately popular place for families, as children make up 16.9% of the population. The area has a highly educated workforce, with 50.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,700 | 5.2% |
% Under 18 | 16.9% | -12.4% |
% Seniors | 26.1% | 47.5% |
% WFH | 22.5% | 158.6% |
% w/ College Degree | 50.9% | 1.8% |
As of the latest ACS Survey released in 2023, Whitefish, MT is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Whitefish, MT is hispanic, making up 2.1% of the population. Foreign-born residents account for 3.2% of the population in Whitefish, MT, and this percentage has increased by 14.3% 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 | 94.9% | -0.2% |
% Black | 0.0% | N/A |
% Hispanic | 2.1% | 50.0% |
% Asian | 0.2% | -33.3% |
% Foreign Born | 3.2% | 14.3% |
Mortgage and Risk — Whitefish, MT
According to HUD data as of 2023, there were 238 mortgage originations in Whitefish, MT, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Whitefish, MT. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 238 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 3.0% |
% Second Loans | 25.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Whitefish, MT
Whitefish, MT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 123 |
Total Units Section 8 | 73 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 85.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$800 | $2,250 | $1,450 |
| 2 Bedroom | -$500 | $2,400 | $1,900 |
| 3 Bedroom | -$320 | $2,850 | $2,530 |
| 4 Bedroom | -$610 | $3,800 | $3,190 |
Affordability — Whitefish, MT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.4 |
| Median Home Price | $852,000 |
| Median Household Income | $75,500 |