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State, one year

Montana in 2024

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

In 2024 the FHFA house price index for Montana changed +5.2%, against +4.9% for the United States and +6.9% in 2023.

5,367 housing units were authorised by building permits in the state that year (3,036 single-family), +24.6% on 2023; the national total was 1,478,000.

+5.2%Montana index, 2023–2024US +4.9%
5,367housing units permitted in 20243,036 single-family
32 of 35counties with a rising indexmedian county +6.6%
1,478,000units permitted nationally in 2024
← 2023Montana overview2025 →

Counties in 2024

Ranked by the county index change from 2023 to 2024 (FHFA annual county index). Permits are units authorised in 2024; per 1,000 uses the vintage 2025 population.

CountyIndex change 2024Units permittedSingle-familyPer 1,000
Glacier County+23.7%000.0
Granite County+22.0%000.0
Pondera County+20.4%000.0
Madison County+19.6%15111.5
Teton County+16.3%751.1
Rosebud County+15.7%000.0
Fergus County+14.2%000.0
Dawson County+12.8%000.0
Deer Lodge County+12.7%20202.1
Powell County+11.9%775010.8
Toole County+11.3%000.0
Phillips County+9.6%000.0
Custer County+8.9%110.1
Lake County+8.6%19110.6
Park County+7.9%39392.1
Stillwater County+7.8%000.0
Missoula County+6.7%7733806.3
Cascade County+6.6%2231642.6
Valley County+6.3%000.0
Gallatin County+5.5%1,7061,00613.3
Broadwater County+5.4%11111.3
Flathead County+5.0%2861982.5
Silver Bow County+5.0%109653.0
Ravalli County+4.8%29110.6
Lincoln County+4.6%17110.8
Carbon County+2.6%52464.5
Lewis and Clark County+2.6%444995.9
Yellowstone County+2.6%1,4738508.5
Jefferson County+2.5%13131.0
Hill County+2.4%110.1
Mineral County+0.3%440.8
Beaverhead County+0.1%15131.5
Sanders County−6.6%000.0
Richland County−8.2%000.0
Musselshell County−15.1%731.3
Big Horn County—000.0
Chouteau County—19173.2
Fallon County—000.0
Meagher County—000.0
Roosevelt County—220.2
Sheridan County—000.0
Sweet Grass County—110.3

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.