Market rankings · Montana
Real estate businesses in Montana
Markets across Montana ranked by the Groundwork market score for real estate businesses, with competitor counts and household spending for each.
- Listings
- 2,151
- 141 chain locations (7%)
- Official establishments
- 1,762
- +25.1% since 2019
- Household spending a year
- $7.9B
- On rent and homeowner costs
- Listings per 10k households
- 46.9
- 22% above the U.S.
- Housing spending per listing (U.S. = 100)
- 85
- 15% below the U.S.
- Rank among states
- #49 of 51
- Market score 32 · Lower middle
A site report maps the real estate businesses on map listings around any address in Montana by name and distance, and the spending within reach.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
As of September 2026, map listings count 2,151 real estate businesses in Montana. Chain locations make up 7% of them, against 6% across the U.S. Per 10,000 households, that is 46.9, 22% above the U.S. rate of 38.5.
Household spending on rent and homeowner costs in Montana comes to about $7.9B a year: $17,303 per household, 4% above the U.S. average. Housing spending per office is 15% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.
In 2023, official counts showed 1,762 businesses with payroll in Montana classed as real estate agents, property managers, mortgage lenders and inspectors, up 25.1% from 2019. That is one for every 260 households, against one for every 414 across the U.S. Across the U.S., the count rose 15.8% over the same years. Since fiscal 2022, 12 SBA-backed loans worth $4.3M have gone to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in Montana.
Among the 50 states and DC, Montana ranks #49 for real estate businesses, with a Groundwork market score of 32 (lower middle). Of the 5 scored metro areas in or partly in Montana, the Great Falls metro area scores highest (46). Of the 2 scored small-town markets in or partly in Montana, the Kalispell area scores highest (39).
Every market in Montana for real estate businesses
Download the ranking (CSV)Numbered by Groundwork market score among the markets based in Montana, highest first; the U.S. rank compares each market with every other of its kind. A metro area that crosses a state line is listed in each state it reaches, and numbered only in the state its page is under. How the score works.
Metro areas
| Market | Score | Listings | Per 10k households | Housing spending per listing (U.S. = 100) | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Great Falls, MT | 46 | 130 | 36.5 | 106 | +0.7% | #225 of 387 |
| 2Helena, MT | 44 | 182 | 46.6 | 89 | +7.7% | #247 of 387 |
| 3Billings, MT | 42 | 346 | 44.1 | 93 | +4.8% | #260 of 387 |
| 4Missoula, MT | 40 | 248 | 45.2 | 89 | +4.7% | #280 of 387 |
| 5Bozeman, MT | 36 | 420 | 82.0 | 54 | +7.7% | #337 of 387 |
Small-town markets
| Market | Score | Listings | Per 10k households | Housing spending per listing (U.S. = 100) | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Kalispell, MT | 39 | 339 | 76.6 | 53 | +10.1% | #409 of 536 |
| 2Butte-Silver Bow, MT | 37 | 59 | 38.3 | 95 | +2.6% | #433 of 536 |
Counties
| Market | Score | Listings | Per 10k households | Housing spending per listing (U.S. = 100) | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Richland County, MT | 69 | 6 | 13.6 | 303 | −1.3% | #224 of 2,229 |
| 2Custer County, MT | 59 | 9 | 17.9 | 214 | +1.5% | #613 of 2,229 |
| 3Sanders County, MT | 57 | 13 | 23.8 | 151 | +12.9% | #729 of 2,229 |
| 4Fergus County, MT | 55 | 15 | 28.3 | 131 | +3.1% | #839 of 2,229 |
| 5Carbon County, MT | 47 | 17 | 36.4 | 113 | +9.1% | #1,241 of 2,229 |
| 6Lake County, MT | 46 | 47 | 37.4 | 102 | +6.9% | #1,315 of 2,229 |
| 7Hill County, MT | 44 | 16 | 25.8 | 138 | −0.5% | #1,394 of 2,229 |
| 8Lincoln County, MT | 41 | 36 | 39.6 | 87 | +13.1% | #1,586 of 2,229 |
| 9Cascade County, MT | 39 | 130 | 36.5 | 106 | +0.7% | #1,685 of 2,229 |
| 10Yellowstone County, MT | 39 | 320 | 45.8 | 90 | +4.5% | #1,693 of 2,229 |
| 11Park County, MT | 39 | 38 | 45.4 | 88 | +5.7% | #1,694 of 2,229 |
| 12Missoula County, MT | 39 | 246 | 46.7 | 87 | +4.4% | #1,695 of 2,229 |
| 13Lewis and Clark County, MT | 38 | 172 | 55.1 | 75 | +5.8% | #1,749 of 2,229 |
| 14Ravalli County, MT | 38 | 117 | 62.7 | 62 | +9.4% | #1,754 of 2,229 |
| 15Gallatin County, MT | 38 | 420 | 82.0 | 54 | +7.7% | #1,759 of 2,229 |
| 16Silver Bow County, MT | 37 | 59 | 38.3 | 95 | +2.6% | #1,802 of 2,229 |
| 17Flathead County, MT | 37 | 339 | 76.6 | 53 | +10.1% | #1,822 of 2,229 |
| Glacier County, MT | Not scored | 3 | 7.0 | 489 | −2.0% | |
| Big Horn County, MT | Not scored | 3 | 7.8 | 453 | −2.5% | |
| Jefferson County, MT | Not scored | 4 | 8.0 | 556 | +9.8% | |
| Roosevelt County, MT | Not scored | 3 | 9.7 | 366 | −5.2% | |
| Beaverhead County, MT | Not scored | 19 | 45.2 | 83 | +7.1% | |
| Deer Lodge County, MT | Not scored | 9 | 20.1 | 179 | +3.0% | |
| Madison County, MT | Not scored | 21 | 56.1 | 71 | +15.8% | |
| Stillwater County, MT | Not scored | 9 | 23.6 | 180 | +5.0% |
Show all 56 counties
| Market | Score | Listings | Per 10k households | Housing spending per listing (U.S. = 100) | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| Dawson County, MT | Not scored | 6 | 16.6 | 233 | −2.6% | |
| Rosebud County, MT | Not scored | 3 | 9.8 | 370 | −0.7% | |
| Broadwater County, MT | Not scored | 6 | 21.3 | 190 | +23.8% | |
| Valley County, MT | Not scored | 4 | 13.6 | 281 | −2.4% | |
| Powell County, MT | Not scored | 6 | 24.7 | 151 | +3.1% | |
| Blaine County, MT | Not scored | 1 | 4.4 | 853 | −2.1% | |
| Teton County, MT | Not scored | 3 | 12.2 | 312 | +3.9% | |
| Pondera County, MT | Not scored | 7 | 30.9 | 116 | +3.2% | |
| Chouteau County, MT | Not scored | 3 | 13.9 | 264 | −0.8% | |
| Musselshell County, MT | Not scored | 5 | 23.3 | 157 | +17.6% | |
| Toole County, MT | Not scored | 4 | 21.6 | 174 | +4.9% | |
| Mineral County, MT | Not scored | 2 | 9.3 | 402 | +13.5% | |
| Phillips County, MT | Not scored | 5 | 28.3 | 128 | −0.1% | |
| Sweet Grass County, MT | Not scored | 8 | 51.5 | 77 | +2.4% | |
| Sheridan County, MT | Not scored | 2 | 13.6 | 287 | −2.9% | |
| Granite County, MT | Not scored | 5 | 33.0 | 112 | +10.6% | |
| Fallon County, MT | Not scored | 0 | 0.0 | n/a | −2.3% | |
| Judith Basin County, MT | Not scored | 0 | 0.0 | n/a | +6.8% | |
| Wheatland County, MT | Not scored | 1 | 11.3 | 309 | +1.2% | |
| Meagher County, MT | Not scored | 3 | 32.4 | 119 | +11.2% | |
| Liberty County, MT | Not scored | 1 | 13.8 | 262 | +0.1% | |
| Powder River County, MT | Not scored | 1 | 14.1 | 275 | +5.1% | |
| McCone County, MT | Not scored | 0 | 0.0 | n/a | −0.6% | |
| Daniels County, MT | Not scored | 0 | 0.0 | n/a | −2.3% | |
| Carter County, MT | Not scored | 1 | 16.7 | 210 | −1.6% | |
| Prairie County, MT | Not scored | 1 | 18.3 | 194 | +1.7% | |
| Wibaux County, MT | Not scored | 1 | 21.7 | 182 | −5.4% | |
| Garfield County, MT | Not scored | 0 | 0.0 | n/a | −1.9% | |
| Golden Valley County, MT | Not scored | 0 | 0.0 | n/a | +2.7% | |
| Treasure County, MT | Not scored | 0 | 0.0 | n/a | −4.0% | |
| Petroleum County, MT | Not scored | 1 | 45.2 | 81 | +9.2% |
Markets with fewer than 5 real estate businesses on map listings, and counties under 10,000 people, aren’t scored; they’re listed last in each table.
Questions
How many real estate businesses are in Montana?
Montana has 2,151 real estate businesses on map listings as of September 2026. 141 of them (7%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 1,762 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 25.1% from 2019. Another 6,271 one-person businesses have no payroll, by official counts.
How much do households in Montana spend on rent and homeowner costs?
About $7.9B a year, or $17,303 per household. That is 4% above the U.S. average (an index of 104, where 100 is the U.S. average). For the 2,151 real estate businesses on map listings, housing spending per office is 15% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 458,859 households in Montana and national spending patterns by income.
How does Montana compare with the U.S. for real estate businesses?
Montana has 46.9 real estate businesses per 10,000 households, 22% above the U.S. rate of 38.5. The index of housing spending per office is 85, where 100 is the U.S. At the national ratio of real estate businesses to household spending, Montana would have about 1,833, against 2,151 on map listings. There is one business with payroll in the industry for every 260 households, against one for every 414 across the U.S. The official count rose 25.1% from 2019 to 2023, against +15.8% for the U.S.
Which market in Montana has the highest market score for real estate businesses?
Among 5 scored metro areas in or partly in Montana, the Great Falls metro area scores highest, at 46 (lower middle). Among 2 scored small-town markets in or partly in Montana, the Kalispell area scores highest, at 39 (lower middle). Among 17 scored counties in Montana, Richland County scores highest, at 69 (upper middle). Scores compare each market with others of its kind across the U.S.
What is the Groundwork market score?
The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Montana scores 32 for real estate businesses (lower middle), #49 of the 50 states and DC.
How can I see the market around a specific site?
Run a Groundwork site report on an address in Montana. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.
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Top markets for real estate businesses across the U.S. · All business types in Montana
Related business types in Montana
- Real estate agents and brokers1,734 listings
- Property management236 listings
- Mortgage brokers and lenders144 listings
- Home inspectors37 listings
Screening a site or an acquisition in Montana?
A site report maps the competitors on map listings near an address and sizes the households and spending around it.
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are estimates for research only. Not investment or real estate advice.