Livingston, MT 59047 Real Estate Market Report

ZIP Code: 59047
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Livingston, MT is currently characterized by a median listing price of $801,500, reflecting a downward trend in home prices. The market has decreased 8% since 2022, indicating a shift in buyer sentiment and market dynamics. Despite this decline, homes are selling faster than last year, as evidenced by a median days on market of 130 days, suggesting improved liquidity compared to previous periods.

The overall market temperature is classified as neutral, indicating balanced conditions between buyers and sellers. However, the presence of elevated inventory levels relative to sales activity may suggest that sellers need to adjust their expectations to align with current market realities. With median market rent at $5,362, the rental market is also experiencing a down trend, further contributing to the overall softening demand in the area.

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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 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 listing price of $801,500 reflects a down trend in home values.

2. Homes are selling faster with a median days on market of 130 days, indicating improved liquidity.

3. The market has decreased 8% since 2022, suggesting a significant shift in buyer sentiment.

4. The median market rent is $5,362, which has also seen a down trend, indicating softening rental demand.

5. Overall market conditions are neutral, with elevated inventory levels relative to sales activity.

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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.