The story of this market
The typical home in Granite County, Montana sells for about $475,000.
Prices are down 25.8% from a year ago, which gives buyers more room to negotiate. Homes take about 217 days to sell, which is slow. Over the long run, values in this county have grown 275% since 2002. HUD's fair market rent for a two-bedroom is $1,055 a month.
HUD sets the fair market rent for a 2-bedroom at $1,055 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2002–2025
-4.6%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+43.6%). Worst: 2011 (-7.9%). Hover to read a year.
Monthly price momentum
Home values since 2015
+2.9%
MT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,461
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2002–2025
-4.6%
2025 change
FHFA repeat-sales index, median of 1 census tracts in this county (2002 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
85
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $5,234,507.
Mortgage activity
Home lending in this county
79.4%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 140 | 76 | 79.4% | 7% | $245,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Granite County, Montana
Granite County's housing market is experiencing a sharp decline in sale prices, with a 25.8% year-over-year drop as of March 2026. The market is characterized by extremely low sales volume and high unaffordability, with a price-to-income ratio of 8.0x. These factors suggest a cooling market struggling with the disconnect between local wages and property values.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 3 cities · 3 ZIP reports
Median prices moved down 25.8% year over year.
Homes spend a median of 217 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
No researched ZIP reports yet — ZIP discovery runs with the county's first refresh, and each ZIP's intel report appears here once its research lands.
The area is served by local public schools such as the Clinton School, which holds a GreatSchools rating of 4/10.
The county faces significant affordability challenges with a price-to-income ratio of 8.0x, indicating limited economic momentum relative to housing costs.
The local economy is characterized by a high price-to-income ratio, making it one of the least affordable counties in the country relative to local wages.
- Old Works Golf Course4.729.2 mi
- BW Blacksmith Grill House4.128.5 mi
- Washoe Theatre4.828.4 mi
- Discovery Ski Area4.712.4 mi
- Granite Ghost Town State Park4.410.4 mi
- Gem Mountain Philipsburg4.68.1 mi
- The Sweet Palace4.78.2 mi
- Montana Gems of Philipsburg4.78.1 mi
- Washoe Theatre4.828.4 mi
- Granite Ghost Town State Park4.410.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Data retrieved from U.S. Census Bureau QuickFacts for Granite County, MT.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
applies when — Property owned by the state or other exempt entities held by a private party under a contract of sale
The property is assessed and taxed to the private holder as if they held legal title, without deduction for unpaid purchase price.
MCA 15-24-1202
Property is valued by the Department of Revenue; tax is calculated by applying the state-determined tax rate to the taxable value (Market Value x Tax Rate). Homestead and long-term rental reduced tax rates are available via enrollment.
Montana Department of Revenue Property Assessment Division
applies when — Residential property on a parcel exceeding 40 acres
Requires judicial foreclosure through a sheriff's sale; includes a 1-year right of redemption during which the borrower may remain in the residence.
MCA 71-1-224
applies when — Residential property on a parcel of 40 acres or less
Allows for non-judicial foreclosure via trustee sale; no right of redemption exists for the borrower after the sale; deficiency judgments are prohibited.
MCA 71-1-315; Montana Small Tract Financing Act
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.