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State, one year

Montana in 2019

Index change and building permits for the year, with every county.

In 2019 the FHFA house price index for Montana changed +5.0%, against +4.2% for the United States and +6.0% in 2018.

4,776 housing units were authorised by building permits in the state that year (3,014 single-family), −6.3% on 2018; the national total was 1,386,048.

+5.0%Montana index, 2018–2019US +4.2%
4,776housing units permitted in 20193,014 single-family
38 of 42counties with a rising indexmedian county +4.4%
1,386,048units permitted nationally in 2019
← 2018Montana overview2020 →

Counties in 2019

Ranked by the county index change from 2018 to 2019 (FHFA annual county index). Permits are units authorised in 2019; per 1,000 uses the vintage 2025 population.

CountyIndex change 2019Units permittedSingle-familyPer 1,000
Meagher County+16.8%000.0
Beaverhead County+11.4%13131.3
Lincoln County+11.0%10100.4
Mineral County+11.0%110.2
Chouteau County+9.6%11111.9
Madison County+9.6%660.6
Broadwater County+9.5%000.0
Granite County+7.7%000.0
Gallatin County+7.6%1,71297713.3
Sanders County+7.5%000.0
Flathead County+7.3%5722855.0
Park County+7.2%27251.5
Ravalli County+6.6%32220.7
Stillwater County+6.6%000.0
Rosebud County+6.4%000.0
Deer Lodge County+6.0%19192.0
Lake County+5.8%18140.5
Missoula County+5.7%6644225.4
Lewis and Clark County+5.5%204482.7
Fergus County+5.2%550.4
Big Horn County+4.7%000.0
Hill County+4.4%110.1
Silver Bow County+4.4%65471.8
Carbon County+3.4%16161.4
Yellowstone County+3.4%1,1388936.6
Dawson County+3.3%000.0
Custer County+3.2%000.0
Sweet Grass County+3.1%310.8
Sheridan County+2.8%000.0
Fallon County+2.6%331111.2
Valley County+2.6%861.1
Cascade County+2.3%1341221.6
Jefferson County+2.1%640.5
Toole County+2.1%110.2
Richland County+1.9%11111.0
Powell County+1.8%60398.4
Phillips County+1.6%110.2
Roosevelt County+1.2%110.1
Musselshell County−0.2%000.0
Teton County−1.8%200.3
Pondera County−3.4%000.0
Glacier County−7.2%000.0

Permits by year, 1995–2025

Housing units authorised in Montana by year05,00010,0001995: 3,064 units (1,708 single-family, 1,356 in multi-unit buildings)19951996: 2,678 units (1,494 single-family, 1,184 in multi-unit buildings)1997: 2,472 units (1,501 single-family, 971 in multi-unit buildings)1998: 2,561 units (1,485 single-family, 1,076 in multi-unit buildings)1999: 2,566 units (1,607 single-family, 959 in multi-unit buildings)2000: 2,572 units (1,565 single-family, 1,007 in multi-unit buildings)20002001: 2,604 units (1,790 single-family, 814 in multi-unit buildings)2002: 3,574 units (2,050 single-family, 1,524 in multi-unit buildings)2003: 3,767 units (2,340 single-family, 1,427 in multi-unit buildings)2004: 4,975 units (3,425 single-family, 1,550 in multi-unit buildings)2005: 4,803 units (3,459 single-family, 1,344 in multi-unit buildings)20052006: 4,542 units (3,405 single-family, 1,137 in multi-unit buildings)2007: 4,153 units (3,035 single-family, 1,118 in multi-unit buildings)2008: 2,376 units (1,909 single-family, 467 in multi-unit buildings)2009: 1,686 units (1,363 single-family, 323 in multi-unit buildings)2010: 2,022 units (1,322 single-family, 700 in multi-unit buildings)20102011: 1,914 units (1,208 single-family, 706 in multi-unit buildings)2012: 2,736 units (1,734 single-family, 1,002 in multi-unit buildings)2013: 4,854 units (2,620 single-family, 2,234 in multi-unit buildings)2014: 3,884 units (2,044 single-family, 1,840 in multi-unit buildings)2015: 4,826 units (2,992 single-family, 1,834 in multi-unit buildings)20152016: 4,781 units (3,113 single-family, 1,668 in multi-unit buildings)2017: 4,932 units (3,161 single-family, 1,771 in multi-unit buildings)2018: 5,099 units (3,213 single-family, 1,886 in multi-unit buildings)2019: 4,776 units (3,014 single-family, 1,762 in multi-unit buildings)2020: 5,980 units (3,318 single-family, 2,662 in multi-unit buildings)20202021: 7,272 units (3,169 single-family, 4,103 in multi-unit buildings)2022: 6,460 units (3,190 single-family, 3,270 in multi-unit buildings)2023: 4,307 units (2,274 single-family, 2,033 in multi-unit buildings)2024: 5,367 units (3,036 single-family, 2,331 in multi-unit buildings)2025: 5,258 units (2,675 single-family, 2,583 in multi-unit buildings)2025

Housing units authorised in Montana by yearsingle-family2+ unit buildings

Source: Federal Housing Finance Agency annual state and county house price indexes (updated March 31, 2026); Census Bureau Building Permits Survey annual state and county files. Public domain. Methodology.