The story of this market
The typical home in ZIP 59873 sells for about $475,000, or $238 per square foot.
Prices are roughly flat from a year ago (+0.5%), a market in balance. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $543 a month.
ZIP 59873 — Thompson Falls
The housing market in 59873 is characterized by low inventory and stable pricing, reflecting a quiet, rural market. Growth is modest, and the area remains a niche destination for those seeking affordability relative to larger Montana cities. Current conditions are driven by limited supply and steady demand from local residents.
This area is best suited for outdoor enthusiasts, retirees, and those seeking a rural lifestyle, as it offers limited employment density for commuters.
Median prices moved up 0.5% year over year.
Homes spend a median of 52 days on market with 5.2 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 9.1% — 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 11.0%/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 11.1%/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 59873, Mineral County, MT
The area is subject to wildfire risks common to Western Montana, necessitating careful consideration of property insurance availability and premiums.
Economic momentum is driven by local government and regional services as the county seat, with limited large-scale industrial development.
Property taxes are assessed at the county level by Mineral County; rates are determined by local mill levies applied to the assessed value of real property.
Commuting is primarily via I-90, serving as the main corridor for regional travel toward Missoula.
The area offers significant access to outdoor recreation including the Clark Fork River, national forest lands, and local community parks.
The rental market is characterized by limited inventory and low vacancy pressure, typical of small, rural mountain town economies.
The economy is anchored by local government, public services, and small-scale retail, with a heavy reliance on the regional natural resource sector.
Transportation is heavily dependent on private vehicles, with I-90 providing the primary east-west transit link.
Development is currently focused on small-scale residential infill and maintenance of existing infrastructure.
Mineral County utilizes a standard appraisal cycle for property tax assessments based on market value.
Parcels are subject to local school district levies and county-wide service district assessments.
Property insurance premiums are rising due to increased wildfire risk exposure across the region.
Montana has experienced net positive domestic migration, though rural areas like Mineral County see more modest growth compared to urban centers.
Montana is primarily a non-judicial foreclosure state, allowing for a streamlined process under the Small Tract Financing Act.
Montana requires sellers to provide a disclosure statement regarding the condition of the property, though it is limited in scope.
Data retrieved from US Census Bureau ZCTA profiles and World Population Review.
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.
- Rimrock Lodge LLC4.311.3 mi
- Thompson Falls State Recreation Area4.610.8 mi
- Thompson Falls State Recreation Area4.610.8 mi
- Island Park4.811.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional river providing fishing and recreational access.
Extensive forest access for hiking, hunting, and camping.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.