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Kalispell housing market: home prices, trends and forecast

Kalispell home prices: in September 2026 the Zillow Home Value Index valued a typical home in Kalispell, Montana at $556,201, up +1.8% from a year earlier, with the figure −3.8% below the peak of $578,031 set in July 2022.

Typical value of a home
$556,201
September 2026, Zillow ZHVI
Change over 12 months
Up +1.8% since September 2025.
Change over 10 years
Up +117.3% since September 2016.
Multiple from 2009
×2.2, starting from $253,061.
Time on the market
87
Source: Realtor.com, Kalispell, MT metro.

Kalispell home prices since 2000

Steel shows Kalispell; grey shows the United States. The typical Kalispell home went from $253,061 in May 2009 to $556,201, a multiple of ×2.20, against ×2.05 for the US in those months.

$100k$200k$300k$400k$500k$600k2010201520202025May 2009 · $253,061$366,157$556,201Sep 2026KalispellUnited States$100k$200k$300k$400k$500k$600k20102020May 2009 · $253k$366k$556kSep 2026
Typical home values from the Zillow Home Value Index, smoothed and seasonally adjusted. Zillow Research data
May 2009 · $253,061

Kalispell median home price by year

Each yearly figure averages the twelve monthly values, and for 2026 the latest month is shown.

YearKalispellChange on the yearUnited States
2010$233,815$171,462
2011$207,922−11.1%$162,508
2012$193,239−7.1%$161,137
2013$203,755+5.4%$171,420
2014$222,332+9.1%$182,996
2015$235,782+6.0%$192,738
2016$253,095+7.3%$204,509
2017$268,144+5.9%$216,767
2018$287,707+7.3%$230,541
2019$305,717+6.3%$242,088
2020$332,859+8.9%$257,151
2021$434,217+30.5%$295,959
2022$550,078+26.7%$340,014
2023$529,049−3.8%$348,160
2024$546,025+3.2%$359,751
2025$549,641+0.7%$362,959
September 2026$556,201+1.8%$366,157

What a home bought in Kalispell in any year is worth now

This is an index-based estimate of a typical home, not an appraisal.

For each year, the figure averages its twelve monthly index values, and the current value comes from September 2026. Other options: home appreciation calculator.

Thinking about selling? See how local agents compare on Realtor.com. Advertising disclosure: links like this one may pay the site; no number changes because of them. Disclosure.

Kalispell housing market forecast

For the Kalispell, MT metro, Zillow's forecast is +0.7% over the next three months and +2.0% over 12 months from September 2026. Set against Kalispell's typical value of $556,201, this points to near $567,300 a year from now.

This figure comes from Zillow's own central estimate for this metro, restated here; the site offers no forecast of its own. This kind of 12-month forecast has typically landed several percentage points away from the realised change, in both directions. Nothing here is investment advice.

All metro forecasts in a single table: housing market forecast.

Kalispell housing market crash risk score

47 out of 100, on the high side

Against the 292 cities, the score places Kalispell using five conditions that ran high before earlier price falls. Every input is placed from 0 to 100 compared with the other cities, and the five results are averaged with equal weight. It shows conditions as they are now; predicting a crash is not what it does.

InputValueSub-scoreWeight
Active listings vs 2019−12.8%2420%
Time on the market vs 2019+3.6%4720%
Price-to-rent ratio24.58120%
12-month price change+1.8%3620%

Nothing here is investment advice. How each input is scored: methodology. Ranking of all 292 cities: crash risk by city.

Kalispell inventory and days on market

In September 2026 the Kalispell, MT metro counted 963 homes for sale, −6.3% from a year earlier and −12.8% from the same month of 2019. Selling time ran to a median of 87 days (+3.6% against 2019), and price cuts appeared on 20.5% of listings.

Kalispell, MT metro, September 2026ValueOn a year
Active listings963−6.3%
New listings170
Median days on market87−3.3%
Median list price$897,000−5.3%
Share with a price cut20.5%

Metro inventory: Realtor.com® Economic Research. Realtor.com source data. Every metro: days on the market by city.

Living costs and rent in Kalispell

Asking rent in Kalispell typically runs $1,888 a month, a rise of 3.1% over a year, according to the Zillow Observed Rent Index. Buying a typical home there costs 24.5 years of rent.

Other Montana housing markets

The state as a whole: Montana housing market.

How to read this chart

Each point plots the Zillow Home Value Index for Kalispell. It values a typical home in the market's middle third, smoothed and seasonally adjusted, in that month's dollars. The hollow dot shows the month picked on the slider, while the terracotta dot shows the most recent month. Inflation is not taken out of these numbers, and an index follows the typical home rather than a given house. Use the card just above it, or the home appreciation calculator, to work out what a single home is worth from its own sale price.