Kalispell, MT 59901 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

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.

Market Trends & Context

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

Key Findings

1. median sold price is the primary indicator of realized market value, but it is currently unavailable in the provided dataset due to a very limited number of recorded sales in the analyzed sample, which may indicate low transaction throughput rather than broad market absence; use caution interpreting asking prices without a representative sold-price benchmark.
2. median listing price at 747,000 alongside a median days on market of 236 suggests pricing friction and slower sales velocity; longer days on market may indicate that sellers need to be more flexible on price or terms to transact in the current environment.
3. The sample shows elevated inventory relative to sales, which, combined with a market temperature of neutral, suggests a balanced but easing market where sellers and buyers have negotiating room; neutral market temperature implies neither a decisive seller nor buyer advantage.
4. price year-over-year trend is down while rent year-over-year trend is flat, and elevated financing costs (Current 30-year fixed mortgage rates averaging approximately 6.53%) create headwinds for buyer purchasing power; down price trend with elevated interest rate pressure suggests continued moderation in price momentum.

Notable Properties

The following 5 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.