Real Estate Price Maphome prices by county

Gallatin County, MT home prices

Gallatin County, MT: the typical home is worth $705,755 as of 2026-05, down -1.0% over the past year and n/a since 2000. Listings run about $436/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Gallatin County is flat and overvalued — a stretch for what people here earn.

Momentum-1.0%Flat
Valuation+76%High bubble risk
Affordability4/10Stretched
Market53 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1985: $115,908 → 2026: $705,755 (6.1×) pre-2000 estimated via FHFA index

Typical value$705,7552026-05
1-year-1.0%
5-year+19.0%
10-year+106.2%
Since 2000n/a
Population126k2024
Median income$90,9422023 · 7.8× income
Median rent$2,207/mo2026 · 3.8% gross yield
New homes/yr1,7062024
Price / sq ft$436listings
Days on market532026-06
Active listings7322026-06
Price cuts14%of listings

Market read

At $705,755, homes in Gallatin County sit 139% above the Montana median ($295,165) and 202% above the US median ($233,954). That ranks #2 of 56 Montana counties by price.

Prices are holding steady (-1.0% in the last year) — a balanced market.

Homes here move at a steady pace — a median 53 days on the market, with 14% of listings cutting their asking price.

At 7.8× local income, that's pricier than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~76% expensive for local incomes and rents.

Renting looks cheaper — buying the typical home runs ~$3,484/mo (P&I, 20% down) vs $2,207/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Park County, MT ($613,556) · Madison County, MT ($753,219) · Broadwater County, MT ($532,448) · Jefferson County, MT ($532,068) · Sweet Grass County, MT ($478,650) · Meagher County, MT ($320,232)

Frequently asked questions

What is the average home price in Gallatin County, MT?
The typical home in Gallatin County is worth $705,755 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Gallatin County rising or falling?
Prices are down -1.0% over the past year and n/a since 2000 — a balanced market.
Is Gallatin County affordable?
At 7.8× the local median income of $90,942, Gallatin County is pricier than the typical US county.
What is the rental yield in Gallatin County?
Median rent is $2,207/mo — a gross rental yield of 3.8% on the typical home.
How fast do homes sell in Gallatin County?
Homes here take a median of 53 days to sell, with 14% of listings cutting their asking price.
Median home value by year
YearMedian home value
2009$265,036
2010$251,386
2011$243,479
2012$240,674
2013$260,925
2014$279,811
2015$297,214
2016$331,722
2017$361,578
2018$399,548
2019$432,543
2020$459,448
2021$525,307
2022$654,524
2023$675,943
2024$699,485
2025$718,787
2026$706,114