Today’s Montana Land For Sale – Building, Commercial, and Residential Lots – Agricultural, Pasture, Grazing, Farm, Hunting, Water, Ranch Land in Montana
From farming and ranching to transportation and tourism, our economic environment is dependent on Montana land, which is why buying land for sale in Montana can be an excellent investment.
SW Montana Land For Sale: Over 1700 Listings
Median Sales Prices
Median sales price for Montana land began 2020 at $100,000, rose about $10,000 and by the Q2 end, the price had returned to $100,000.
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.
Average Days on Market
The average days on market in January 2013 was about 270. Two years later, in 2015, that number had dropped below 200 days on market.
By mid-2018, average days on market for Montana land had further declined to about 150. Then in early 2019, average days began climbing, averaging around 175 by year’s end.
In 2020, average days on market has continued increasing, to approximately 185 in Q3 2020.
Montana 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; 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 sees 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).