The story of this market
The typical home in ZIP 59063 sells for about $280,000, or $165 per square foot.
Prices are up +3.7% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,269 a month.
ZIP 59063 — Park City
The housing market in 59063 is characterized by low inventory and slow turnover, typical of a rural Montana community. Prices have seen modest year-over-year growth, supported by steady demand from buyers seeking a rural lifestyle. The market remains balanced, with limited new construction activity and a reliance on existing housing stock.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle, affordable housing relative to national averages, and proximity to outdoor recreation.
Median prices moved up 3.7% year over year.
Homes spend a median of 88 days on market with 6.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 8.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 59063, Stillwater County MT
Crime rates in this rural Montana area are generally low, with property and violent crime incidents occurring at frequencies well below national and regional urban averages.
Schools serving this area are part of small, rural districts that provide personalized instruction, though they may have limited extracurricular offerings compared to larger suburban districts.
The area faces moderate wildfire risk typical of the Montana plains and foothills, requiring residents to maintain defensible space and carry appropriate hazard insurance.
Economic momentum is driven primarily by agriculture and local services, with limited large-scale industrial development or major corporate infrastructure projects in the immediate vicinity.
Property taxes are assessed at the county level based on market value, with mill levies determined by local school districts and municipal budgets; Montana does not have a general sales tax.
Commutes are primarily by private vehicle, with residents often traveling to larger regional hubs for employment, resulting in longer-than-average drive times.
The area offers access to expansive outdoor recreation, including hunting, fishing, and hiking, with local community parks serving as the primary social and athletic hubs.
The rental market is characterized by low inventory and limited turnover, with most available units being single-family homes rather than multi-family complexes.
The local economy is heavily reliant on agriculture, ranching, and small-scale retail, with many residents commuting to nearby Billings for broader employment opportunities.
Transportation is almost exclusively dependent on personal vehicles, with limited public transit infrastructure available in this rural region.
There are no major large-scale commercial or residential developments currently approved or under construction in this ZIP code.
The Stillwater County appraisal office conducts periodic reappraisals of property values to ensure alignment with market trends for tax assessment purposes.
Parcels are subject to local school district levies and county-wide emergency service and road maintenance districts.
Property insurance premiums are influenced by regional wildfire risk and the distance to fire protection services, with rates remaining stable but sensitive to climate events.
Montana has experienced steady net domestic migration, driven by individuals seeking lower population density and outdoor-oriented lifestyles.
Montana is primarily a non-judicial foreclosure state, allowing for a streamlined process under the Small Tract Financing Act for qualifying properties.
Sellers are required to provide a property disclosure statement detailing known material defects, though the state maintains a 'caveat emptor' (buyer beware) tradition.
Data retrieved from data.census.gov using ZCTA 59063 profile.
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.
Provides significant opportunities for fishing and recreational boating.
Local hub for community gatherings and outdoor activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.