Absarokee, MT59001

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$401,000
4.6% YoY Growth
Median Household Income
$75,900
20.4% 5-Year Growth
Days on Market
73
26.0% Longer than last year
Home Price Forecast
2.2%
Median Rent
$650
61.4% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,000
N/A
3-Bed Rent
N/A
N/A

Property Listings — Absarokee, MT

As of Aug '25 and according to Realtor.com, the median days on market for a home in Absarokee, MT is 73. This is an increase of 26.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$716,0003.0%
Listing Count
12N/A
Listings as % of Homes0.7%N/A
Days on Market
7326.0%
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Demographics — Absarokee, MT

MetricLatest CensusYoY % Change
Population
1,4504.9%
% Under 18
18.6%23.2%
% Under 5N/AN/A
% Seniors
30.2%14.4%
% WFH
14.3%116.7%
% w/ College Degree
33.8%45.7%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.7%-3.1%
% Black
0.0%N/A
% Hispanic
0.3%-82.4%
% Asian
0.0%N/A
% Foreign Born
2.2%120.0%
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Mortgage and Risk — Absarokee, MT

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Absarokee, MT in that year was 28. 86.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 52.0%. Of those, 4.0% were >90% loan to value. This is considered normal, suggesting that mortgage risk is small in Absarokee, MT. Investor activity in Absarokee, MT is low, as 0.0% of all loans are originated by investors. In 2023, 18.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
28N/AN/A
% Conventional Loans
86.0%N/AN/A
% Government Loans
14.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
14.0%N/AN/A
% Cash Out Refinance
18.0%N/AN/A
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Rentals and Section 8 — Absarokee, MT

As of 2024, the percent of homes in Absarokee, MT under the Section 8 program is 0.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
0.7%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$950
2 Bedroom$240$1,000$1,240
3 BedroomN/AN/A$1,730
4 BedroomN/AN/A$2,070

Affordability — Absarokee, MT

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio4.6N/AN/A
Median Home Price$401,000N/AN/A
Median Household Income$75,900N/AN/A

Absarokee, MT — ZIP Code Boundary Map

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