Kalispell, MT 59901 Real Estate Market Report

ZIP Code: 59901
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Kalispell, MT is currently $565,719, reflecting a stable market despite elevated interest rate pressure. This price point indicates a balanced market environment, as it suggests that buyers are still willing to engage, albeit with caution due to affordability concerns. The market has shown an upward trend in prices, which may indicate a resilient demand despite the economic pressures affecting buyer sentiment.

Transaction activity appears moderate, with 183 days as the median days on market, suggesting slower sales velocity and a potential adjustment period for buyers and sellers. The elevated inventory levels relative to sales activity may create pricing friction, as sellers adjust expectations in response to the current market dynamics. The median listing price stands at $689,000, indicating a significant gap between asking and sold prices, which could lead to negotiations as buyers seek value in a shifting landscape.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price of $565,719 suggests a stable market despite elevated interest rate pressure.

2. With 183 days as the median days on market, the market is experiencing slower sales velocity, indicating potential buyer hesitance.

3. The median listing price of $689,000 shows a notable gap compared to the sold price, suggesting sellers may need to adjust expectations.

4. Elevated inventory levels relative to sales activity may lead to increased negotiation opportunities for buyers in the current market.

5. The market temperature remains neutral, indicating a balanced environment with no clear advantage for buyers or sellers.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.