Missoula Real Estate & Homes for Sale in Missoula Montana

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Missoula Real Estate & Homes for Sale in Montana

Missoula: Scenic Missoula is located in western Montana, next to the Clark Fork River at the mouth of Hell Gate Canyon in the Rocky Mountains. The Lewis and Clark party camped in what is now Missoula as they made their way through the canyon. The ruggedly beautiful landscape remains much as it was when the explorers saw it. Encompassing soaring peaks, swooping valleys, raging rivers and lush forests, Missoula’s surroundings remain largely unchanged and unspoiled. Residents are dedicated to preserving and enjoying their town’s natural environment. A voyage of just a few miles in any direction leads visitors to a national forest or a wilderness area. Popular outdoor activities include fishing, hunting, camping, skiing, backpacking, rafting, golf, and snowmobiling. In addition to the many outdoor activities, theater groups, dance troupes, festivals, museums, musical performances and the arts can be found throughout the city. Missoula is also home to the University of Montana. UM is rated in the top 10 nationally for combining academic excellence with outdoor recreation. Thanks to its location at the base of Mount Sentinel, it is considered by many to be the most scenic university in the country. Residents and visitors alike enjoy the city’s one-of-a-kind shops, coffee houses, historic bars, and bookstores. Shopping is unique and varied: Southgate Mall has more than 100 stores, while the restored historic downtown area provides a unique shopping experience along the riverfront.

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Missoula Real Estate Info: Prices of Missoula Homes for Sale

The Missoula real estate market is made up of single-family detached homes, condominiums and townhouses. Prices for Missoula homes start at approximately $100,000 and range up to $1 million and more for estate properties in exclusive areas. Missoula homes in South Hills, Mullen Road, and Pattee Canyon/Farviews range from the low $100,000s - $400,000. Blue Mountain and Grant Creek/Butler Creek homes range in price from the mid-$100,000s - $600,000. Prices for Missoula houses in the University Area and Big Flat can exceed $1million, as can those for estate homes boasting substantial acreage in Evaro and Target Ranch/Orchard Homes. Upper Miller Creek and Rock Creek/East offer homes in the $400,000 range. Condominiums and townhouses are priced from just under $100,000 to approximately $300,000. South Hills condominiums are priced from $100,000 to $200,000, while Upper Rattlesnake townhouses are priced in the mid- to high $200,000s. Land for sale and lots are also available for custom building.

View Current Rates
-- Oct 25th, 2014 --
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 30 yr. fixed rate: 3.98%
 15 yr. fixed rate: 3.04%
 30 yr. jumbo rate: 4.22%
 15 yr. jumbo rate: 3.92%
Average Prices of 3 Bed Homes
-- Oct 25th, 2014 --
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 2 Years Ago  $210,000
 1 Year Ago  $288,000
 6 Months Ago   $354,000
 1 Month Ago  $288,000
 Today  $288,000


Missoula Real Estate Stats and Trends for the week of May 20th, 2013: homes priced around $247,500 compared to $247,500 the previous week, to remain steady with no change in listing price.  For Friday, October 24th, the current national mortgage rate for a 30 year fixed mortgage is 3.98%; the 15 year fixed rate is at 3.04%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.22%, while the 15 year jumbo rate currently is at 3.92%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Missoula MT. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Missoula to help you find the best home!