Whitefish, MT 59937 Real Estate Market Report

ZIP Code: 59937
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 Whitefish, MT is currently characterized by a median sold price of $1,277,800, reflecting a shift in market dynamics. This adjustment may suggest a stabilization or slight decline in property values, as indicated by the overall trend of prices being down year-over-year. The median listing price stands at $2,050,000, highlighting a significant gap between seller expectations and actual transaction values, which may create pricing friction in the market.

Transaction activity appears to be moderate, with median days on market recorded at 270 days, indicating slower sales velocity. Elevated inventory levels are present, suggesting excess supply relative to sales activity, which may grant buyers increased negotiation power. Despite these conditions, rental demand remains robust, with median market rent reaching $11,935, indicating continued interest in rental properties within 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

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 $1,277,800 indicates a potential pricing gap compared to the median listing price of $2,050,000, suggesting pricing friction in the market.

2. With median days on market at 270, the market is experiencing slower sales velocity, which may impact liquidity for sellers.

3. Elevated inventory levels suggest excess supply relative to sales activity, providing buyers with more options and negotiation power.

4. The year-over-year trend for prices is down, indicating potential challenges for sellers in achieving desired sale prices.

5. Despite the overall market conditions, rental demand remains strong, with median market rent at $11,935, reflecting a growing rental market.

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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.