West Yellowstone, MT 59758 Real Estate Market Report

ZIP Code: 59758
Report Date: March 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

The real estate market in West Yellowstone continues to show resilience, with a median sold price of $625,000, reflecting a robust demand despite recent fluctuations. The neighborhood has increased up year-over-year, indicating sustained interest and investment in the area. However, the median days on market stands at 336, suggesting a slower sales velocity, which may indicate a shift towards a more balanced market as inventory levels remain elevated relative to sales activity.

While the median listing price is notably higher at $1,119,999.50, this gap between listing and sold prices may create pricing friction for sellers. The rental market remains extremely tight, with a median market rent of $7,434, underscoring the local affordability challenges. Overall, the market appears to be experiencing a minor cooling trend, as indicated by slight month-over-month price softening, yet it remains fundamentally strong with a hot market temperature.

---

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

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.

---

Rental Market

---

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

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the West Yellowstone MT market average around 6.22% compared to 6.67% one year ago, presenting a slight cost advantage for new financing.

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

---

Key Findings

1. The median sold price of $625,000 indicates strong demand despite elevated inventory levels.

2. A median days on market of 336 suggests a slower sales velocity, pointing to potential pricing friction for sellers.

3. The median listing price of $1,119,999.50 reflects seller expectations that may not align with current buyer activity, indicating a need for strategic pricing.

4. With a median market rent of $7,434, the rental market remains extremely tight, highlighting local affordability challenges.

5. The market temperature is classified as hot, signaling ongoing interest and investment in West Yellowstone despite recent price adjustments.

---

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.