Golden Valley County, Montana Housing Market Prices
Golden Valley County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 9% above the Montana median$271,875
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Median rent 28% below the Montana median$783
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Golden Valley County | Montana Avg | US Average |
|---|---|---|---|
| Median Home Price | $271,875 | $249,140 | $248,835 |
| Price Trend (Annual %) | 110.7% | 3.8% | 7.5% |
| Median Gross Rent | $783 | $1,081 | $1,407 |
| Rent Trend (Annual %) | -0.2% | 5.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Golden Valley County is about 9% higher than in Montana. Rent is about 28% lower than the Montana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Golden Valley County: home prices rose about 110.7% a year while rent fell about 0.2% a year. That is an unusual pattern worth watching.
Median rent in Golden Valley County rose about 4.5% between 2015 and 2024, from $749 to $783. Over the same span, rent in Montana rose about 52.0%.
Affordability
On average, housing unit costs 5.0 yearly household incomes in Golden Valley County.
Buying the median-priced home in Golden Valley County costs roughly 28.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Golden Valley County. The price-to-rent ratio in Montana is about 19.2.
| Metric | Golden Valley County | Montana Avg | US Average |
|---|---|---|---|
| Median Home Price | $271,875 | $249,140 | $248,835 |
| Median Household Income | $54,482 | $72,476 | $80,455 |
| Price-to-Income Ratio | 5.0 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Golden Valley County rose about 372.6%, while median household income rose about 44.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Golden Valley County | Montana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.3% | 60.1% | 58.5% |
| Rental Rate | 14.7% | 26.8% | 31.2% |
| Vacancy Rate | 22.0% | 13.2% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Golden Valley County has a homeownership rate of 63.3%, higher than the Montana average of 60.1%. Its housing vacancy rate is 22.0%, compared with 13.2% in Montana.
Housing Stock
| Metric | Golden Valley County | Montana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.32 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1972 | 1981 | 1978 |
| Median Number of Rooms | 5.6 | 5.6 | 5.5 |
The typical housing unit in Golden Valley County was built around 1972. On average, 2.3 people live in a home with about 5.6 rooms, staying for about 18.0 years on average.
Golden Valley County, MT Housing Compared With Nearby Counties
How Golden Valley County, MT compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Golden Valley County, MT | 897 | $271,875 #2/3 | $783 #3/3 | 81.1% #2/3 |
| Musselshell County, MT | 5,152 | $450,000 | $1,137 | 85.1% |
| Fergus County, MT | 11,687 | $162,717 | $953 | 63.4% |
Frequently Asked Questions
Common questions about the housing market in Golden Valley County, Montana.
What is the median home price in Golden Valley County, Montana?
The median home price in Golden Valley County, Montana is $271,875, higher than the Montana average of $249,140.
What is the average home price in Golden Valley County, Montana?
The typical home price in Golden Valley County, Montana, reported as the median sale price, is $271,875. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Golden Valley County, Montana?
The median gross rent in Golden Valley County, Montana is $783 per month, lower than the Montana average of $1,081.
What was the median gross rent in Golden Valley County in 2020?
In 2020, the median gross rent in Golden Valley County, Montana was $827 per month.
What is the price-to-rent ratio in Golden Valley County, Montana?
The price-to-rent ratio in Golden Valley County, Montana is about 28.9, meaning it would take roughly 28.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Golden Valley County.
Are home prices or rent rising faster in Golden Valley County, Montana?
Home prices and rent are moving in opposite directions in Golden Valley County: home prices rose about 110.7% a year while rent fell about 0.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Golden Valley County, Montana?
63.3% of households in Golden Valley County, Montana own their home, higher than the Montana average of 60.1%.
What is the vacancy rate in Golden Valley County, Montana?
The housing vacancy rate in Golden Valley County, Montana is 22.0%, higher than the Montana average of 13.2%.
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