Why are houses in Missoula Montana so expensive?
Why are houses in Missoula Montana so expensive?
Due to increased demand and reduced supply, the housing market in Montana is experiencing a significant boom. These high prices trickle down into the rest of the economy, resulting in a higher cost of living than the national average.
Is it expensive to live in Missoula Montana?
Missoula has a population of 72,364, making it both Montana’s second largest city and the 494th largest US city. Missoula has an average monthly rent of $852 which is substantially below the national average rent. The cost of living in Missoula is substantially lower than the national average.
Where is the best place to live in Missoula?
Some Top Rated Neighborhoods In Missoula, MT
- Rose Park. Known for its “slant streets” because of the roads that angle off at about 46 degrees from due north, Rose Park residents enjoy the reduced traffic encouraged by the tricky streets.
- Lewis And Clark.
- Lower Rattlesnake.
What is the median home price in Missoula Montana?
The 2020 median sales price of a Missoula home was $350,000. Rolling forward to the end of the first quarter of 2021; $420,000. “Median” describes the point at which half the sales are above that price and half are below.
Are Californians moving to Montana?
But they’re not welcome. By Thanksgiving, they had moved there, joining the thousands of people who have relocated from California to Montana in the past two years. While the move was abrupt, Vermel and her husband had thought about leaving the Bay Area for years.
Is Missoula MT a good place to live?
Missoula is a great place to live, very high quality of life, lots of recreational opportunities, with a beautiful landscape and truly excellent schools – people don’t know what a ‘good school’ is until they’ve sent their kids to one and Missoula public schools are excellent.
Is it cheaper to live in Montana than Washington?
Montana is 7.9% cheaper than Washington.
Is Missoula a good place to retire?
The five Montana towns great for retiring in include Bozeman, Whitefish, Billings, Kalispell, and Missoula. All five are good for retirees due to their medical facilities, their access to services, and their overall infrastructure.
How safe is Missoula Montana?
The 2nd safest city in Montana is Kalispell, a city of 23,700 that serves as the gateway to the expansive Glacier National Park….Montana’s Safest Cities.
| City | Missoula |
|---|---|
| Crime rate per 1,000 | 51.87 |
| Violent crimes per 1,000 | 4.48 |
| Property crimes per 1,000 | 47.39 |
| Law enforcement per 1,000 | 1.72 |
What is the housing market like in Billings MT?
Billings, MT Housing Market The median listing home price in Billings, MT was $325K in November 2021, trending up 16.1% year-over-year. The median listing home price per square foot was $152.
Where in Montana are Californians moving?
But it was the chaos of the pandemic that finally pushed the 50-year-old hospital executive to make the 1,200-mile move to Billings, Montana, in search of a quieter, more affordable life.
Why are people from California moving to Montana?
The main reason cited is the cost of living is too high in California. Between 2016 and 2018, 15,611 Californians moved to Montana. Some 6,562 Montanans moved to California in those three years. According to U-Haul’s website, it’s actually more expensive to move to Montana from California than vice versa.
