Kalispell, MT 59901 Real Estate Market Report

ZIP Code: 59901
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Kalispell MT are 6.3%, reflecting a market environment where rates have fluctuated near this level throughout early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. median sold price unavailable — recent transactional data in the analyzed sample is extremely limited, so a representative recent sale metric is not reported; this absence may reflect very low sample sales volume and limits confidence in using sold-price evidence alone to value homes.

2. median listing price: $764,000 — pairing this listed-price snapshot with a median days on market: 142 suggests slower sales velocity and greater pricing friction as sellers remain on market substantially longer than typical fast-moving markets.

3. price year-over-year trend: down and rent year-over-year trend: down — both metrics indicate softening for-sale and rental markets; combined with cold market temperature, this suggests elevated inventory relative to sales activity and modest downward price pressure.

4. 30-year fixed mortgage rate: 6.3% — with interest rate pressure marked as elevated, financing costs are a headwind for buyer affordability and may contribute to extended days on market and continued downward pressure on transaction prices.

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Notable Properties

The following 3 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.

Kalispell, MT 59901 Real Estate Market Report

ZIP Code: 59901
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Kalispell MT are 6.3%, reflecting a market environment where rates have fluctuated near this level throughout early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. median sold price (unavailable) is the primary indicator of market value and recent transactions; the metrics provided do not include a recorded median sold price, which may indicate limited closed-transaction data in the sampled set or timing gaps in the analyzed feed — unavailable.

2. median listing price 399,000 provides the current asking-price context while broader market signals show prices are down, suggesting sellers may need to adjust expectations to realize sales.

3. median days on market 70 points to slower sales velocity and extended listing lifecycles, which, combined with a cold market temperature, suggests increased pricing friction and excess supply relative to sales activity.

4. median market rent 2,250 is reporting a down rent trend while interest rate pressure is elevated; current 30-year fixed mortgage rates around 6.3% may further temper buyer purchasing power and transactional urgency.

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Notable Properties

The following 7 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.