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State, one year

Montana in 2021

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

In 2021 the FHFA house price index for Montana changed +16.5%, against +11.6% for the United States and +4.4% in 2020.

7,272 housing units were authorised by building permits in the state that year (3,169 single-family), +21.6% on 2020; the national total was 1,736,982.

+16.5%Montana index, 2020–2021US +11.6%
7,272housing units permitted in 20213,169 single-family
42 of 42counties with a rising indexmedian county +14.1%
1,736,982units permitted nationally in 2021
← 2020Montana overview2022 →

Counties in 2021

Ranked by the county index change from 2020 to 2021 (FHFA annual county index). Permits are units authorised in 2021; per 1,000 uses the vintage 2025 population.

CountyIndex change 2021Units permittedSingle-familyPer 1,000
Meagher County+31.8%000.0
Deer Lodge County+25.2%21192.2
Big Horn County+23.9%000.0
Lincoln County+22.8%17110.8
Madison County+22.1%990.9
Flathead County+22.0%1,1164149.7
Chouteau County+21.9%17172.9
Ravalli County+21.4%75601.5
Gallatin County+20.6%2,4751,12619.2
Lake County+19.2%33291.0
Mineral County+19.1%000.0
Missoula County+18.9%1,79843614.6
Park County+18.7%37372.0
Jefferson County+18.5%880.6
Broadwater County+17.8%000.0
Lewis and Clark County+17.7%212542.8
Granite County+17.2%000.0
Silver Bow County+17.2%72632.0
Powell County+15.7%40405.6
Carbon County+14.9%62605.4
Sanders County+14.4%000.0
Fergus County+14.1%440.3
Yellowstone County+13.7%9175375.3
Teton County+13.6%420.6
Musselshell County+13.3%110.2
Stillwater County+13.0%000.0
Cascade County+12.3%2722003.2
Glacier County+12.2%000.0
Sweet Grass County+12.0%110.3
Pondera County+11.8%000.0
Custer County+10.8%000.0
Beaverhead County+9.9%4684.6
Phillips County+9.7%000.0
Valley County+9.4%991.2
Sheridan County+8.9%110.3
Roosevelt County+7.7%000.0
Rosebud County+6.7%000.0
Toole County+5.4%110.2
Fallon County+5.3%220.7
Hill County+4.6%310.2
Richland County+2.2%17171.5
Dawson County+0.3%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.