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State, one year

Montana in 2022

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

In 2022 the FHFA house price index for Montana changed +20.7%, against +15.5% for the United States and +16.5% in 2021.

6,460 housing units were authorised by building permits in the state that year (3,190 single-family), −11.2% on 2021; the national total was 1,680,368.

+20.7%Montana index, 2021–2022US +15.5%
6,460housing units permitted in 20223,190 single-family
41 of 42counties with a rising indexmedian county +21.8%
1,680,368units permitted nationally in 2022
← 2021Montana overview2023 →

Counties in 2022

Ranked by the county index change from 2021 to 2022 (FHFA annual county index). Permits are units authorised in 2022; per 1,000 uses the vintage 2025 population.

CountyIndex change 2022Units permittedSingle-familyPer 1,000
Granite County+34.1%000.0
Deer Lodge County+31.7%21212.2
Glacier County+29.7%000.0
Flathead County+28.2%6892056.0
Ravalli County+27.4%38270.8
Sanders County+26.9%000.0
Gallatin County+24.7%2,3221,10018.0
Lake County+24.7%40321.2
Jefferson County+24.5%19151.4
Broadwater County+24.4%000.0
Powell County+24.1%64648.9
Carbon County+24.0%49474.3
Missoula County+24.0%1,0783478.7
Musselshell County+22.7%330.5
Lewis and Clark County+22.4%1441061.9
Silver Bow County+22.4%147654.1
Roosevelt County+22.3%000.0
Beaverhead County+22.1%12121.2
Park County+21.9%37372.0
Fergus County+21.8%2041.7
Madison County+21.8%13131.3
Teton County+21.8%000.0
Pondera County+21.4%000.0
Stillwater County+21.0%000.0
Cascade County+20.8%5431986.4
Sheridan County+20.4%000.0
Mineral County+19.2%000.0
Lincoln County+19.0%20120.9
Yellowstone County+19.0%1,1538346.7
Rosebud County+18.5%000.0
Sweet Grass County+16.0%330.8
Meagher County+13.9%000.0
Dawson County+13.2%000.0
Hill County+12.5%000.0
Chouteau County+12.3%20203.4
Phillips County+9.5%000.0
Richland County+8.8%17171.5
Custer County+8.2%220.2
Valley County+7.6%220.3
Toole County+6.5%000.0
Fallon County+1.0%110.3
Big Horn County−1.2%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.