Missoula housing market still challenged by costs, supply

MOR highlights 'some stabilization' in 2024 Missoula housing report
Housing costs in and around Missoula are up once again as affordability remains a struggle in the area, but it's not all bad news for the Garden City, where exp
Report: Missoula housing market still challenged by costs, supply
The Missoula Organization of Realtors released its annual market report, which noted a 2.25% increase in the median price of a home over the prior year.
Missoula’s rental market faces rising costs, low vacancies
Missoula's rental market remains challenged by a number of factors including new construction, a lack of affordability and rising operational costs faced by landlords, which include year-over-year tax increases.
Report: Missoula housing market moving to 'stabilization'
Forsting also touted the possibility of new housing through the city's new 2045 land use plan, which is set to increase infill development opportunities across all Missoula neighborhoods. The plan has the goal of adding 1,100 to 1,500 homes annually for the next several years.
Report: Missoula housing market stabilizing, affordability remains a challenge
The number of home sales increased for the first time since 2020, but the housing supply and vacancy rates remain low, according to the annual report.
Report: Missoula housing market still challenged by costs, shortage
While prices continue climbing in Missoula's real estate market and the supply of housing continues to lag, the data used to track the changes over tine is beginning to show a slight trend toward improvement.
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