realestate

Montana's Real Estate Market: A Tense Equilibrium

Montana homes stay on market longer, prices stabilize, buyers gain breathing room

T
he Montana housing market is finally showing signs of leveling out after years of intense competition. Homes are staying on the market longer, prices are stabilizing, and buyers are getting a much-needed break. Some listings have been on the market for over 100 days, forcing sellers to negotiate - a far cry from the frenzied bidding wars of the past.

    While this is welcome news for buyers, a new challenge is emerging: tariffs on imported building materials like lumber and steel. As Montana relies heavily on Canadian lumber, these tariffs could significantly impact construction costs and potentially drive up prices again if supply tightens.

    For buyers, this may be their chance to enter the market without breaking the bank. For those in construction or real estate, keeping an eye on tariff updates will be crucial. And for everyone else, a more stable housing market is a welcome respite from the chaos of recent years.

Montana real estate market in balance, with fluctuating prices and demand.