Musselshell County, Montana Housing Market Prices
Musselshell 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 81% above the Montana median Among the 5 most expensive counties in Montana$450,000
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Median rent 5% above the Montana median More expensive than 91% of counties in Montana$1,137
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Musselshell County | Montana Avg | US Average |
|---|---|---|---|
| Median Home Price | $450,000 | $249,140 | $248,835 |
| Price Trend (Annual %) | 35.7% | 3.8% | 7.5% |
| Median Gross Rent | $1,137 | $1,081 | $1,407 |
| Rent Trend (Annual %) | 10.8% | 5.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Musselshell County is about 81% higher than in Montana. Rent is about 5% higher than the Montana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Musselshell County, up about 35.7% and 10.8% a year respectively. Home prices are changing faster.
Median rent in Musselshell County rose about 117.0% between 2015 and 2024, from $524 to $1,137. Over the same span, rent in Montana rose about 52.0%.
Affordability
On average, housing unit costs 7.6 yearly household incomes in Musselshell County.
Buying the median-priced home in Musselshell County costs roughly 33.0 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 Musselshell County. The price-to-rent ratio in Montana is about 19.2.
| Metric | Musselshell County | Montana Avg | US Average |
|---|---|---|---|
| Median Home Price | $450,000 | $249,140 | $248,835 |
| Median Household Income | $58,855 | $72,476 | $80,455 |
| Price-to-Income Ratio | 7.6 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Musselshell County rose about 607.1%, while median household income rose about 63.6% 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 | Musselshell County | Montana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.6% | 60.1% | 58.5% |
| Rental Rate | 12.1% | 26.8% | 31.2% |
| Vacancy Rate | 19.3% | 13.2% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Musselshell County has a homeownership rate of 68.6%, higher than the Montana average of 60.1%. Its housing vacancy rate is 19.3%, compared with 13.2% in Montana.
Housing Stock
| Metric | Musselshell County | Montana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.37 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1970 | 1981 | 1978 |
| Median Number of Rooms | 5.7 | 5.6 | 5.5 |
The typical housing unit in Musselshell County was built around 1970. On average, 2.4 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Musselshell County, MT Housing Compared With Nearby Counties
How Musselshell County, MT compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Musselshell County, MT | 5,152 | $450,000 #1/3 | $1,137 #1/3 | 85.1% #1/3 |
| Yellowstone County, MT | 168,956 | $232,715 | $1,130 | 69.6% |
| Fergus County, MT | 11,687 | $162,717 | $953 | 63.4% |
Frequently Asked Questions
Common questions about the housing market in Musselshell County, Montana.
What is the median home price in Musselshell County, Montana?
The median home price in Musselshell County, Montana is $450,000, higher than the Montana average of $249,140.
What is the average home price in Musselshell County, Montana?
The typical home price in Musselshell County, Montana, reported as the median sale price, is $450,000. 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 Musselshell County, Montana?
The median gross rent in Musselshell County, Montana is $1,137 per month, higher than the Montana average of $1,081.
What was the median gross rent in Musselshell County in 2020?
In 2020, the median gross rent in Musselshell County, Montana was $766 per month.
What is the price-to-rent ratio in Musselshell County, Montana?
The price-to-rent ratio in Musselshell County, Montana is about 33.0, meaning it would take roughly 33.0 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 Musselshell County.
Are home prices or rent rising faster in Musselshell County, Montana?
Both home prices and rent are rising in Musselshell County, up about 35.7% and 10.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Musselshell County, Montana?
68.6% of households in Musselshell County, Montana own their home, higher than the Montana average of 60.1%.
What is the vacancy rate in Musselshell County, Montana?
The housing vacancy rate in Musselshell County, Montana is 19.3%, higher than the Montana average of 13.2%.
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