Montana Land For Sale: Building, Commercial, Residential, Agricultural, Farm, Hunting, Ranch
March 2021: 1,100 listings of land for sale in Montana
Montana Land Listings
Median Sales Prices For Montana Land
Median sales price for Montana land at the beginning of 2020 was $102,000; the price rose $13,000 to $115,000 by Q1 2021.
Similar trends: In early 2017, the median sales price was close to that of early 2016, and in early 2016, the median sales price was similar to that of early 2015.
There are approximately 1000 fewer listings in Q1 2021 compared to summer 2020.
Land prices in Montana have been steadily increasing since Q1 2017.
Montana Land: Average Days on Market
In Q1 2021 average days on market is 188. Average days on market in October 2017 was a 7-year high of 224. The recent low average days in the past 7 years was 62 in November 2018.
From farming and ranching to transportation and tourism, our economic environment is dependent on the land, which is why buying land for sale in Montana is an excellent investment.
Montana Land: Economy and Commerce
Originally, most of the State’s economy was directly based on Montana land.
Today, Montana’s economic landscape is based on tourist enterprises (fishing, hunting, skiing, dining, etc.), trade and tech industries, transportation, government agencies, educational systems, and other types of commerce.
While having yielded to new forms of modern commerce indirectly related to Montana land, Montana’s economy continues to benefit directly from the land through cattle and sheep grazing; acreage for homes and commercial buildings.
Montana land also provides soils for farming and ranching; open land for hunting and fishing; and geologic formations for petroleum and minerals (e.g., clay, coal, copper, garnet, gold, phosphate, platinum, sapphire, talc, vermiculite), all of which are just as important for maintaining Montana’s economy as are the more “modern” industries, like technology and manufacturing.
Although two-thirds of Montana’s land consists of rolling grasslands, the state of Montana is home to more than 25 significant mountain ranges.
Rising to 12,693′, Granite Peak is Montana’s highest elevation, and the River Valley of the Kootenai claims the lowest point in Montana at 1,892.’
“Montaña Relucientes,” meaning “shining mountains,” is the Spanish term from which we get the name “Montana.”
Regardless of your geographic position in the State, Montana land (and you with it!) experiences wet-dry and hot-cold extremes, and although the State has an abundance of lakes, rivers and streams, it is not immune to extreme dry periods, which effect Montana’s land, known for its rich agricultural and ranching history.
Not to be outdone in the category of extremes, summer temperatures in Montana have reached beyond 115ºF (46ºC) and winter temperatures have plummeted to –70ºF (-56ºC).