Downtown Missoula

Why you'd want to live in Downtown Missoula

Downtown Missoula is a bustling center of commerce and activity revered by all Missoulians, but it is also a neighborhood, a home to many residents who relish being in the middle of it all. There are grand historic homes along the east-west streets of Pine, Spruce, and Alder, which are named for native Montana tree species yet lined with other deciduous trees. There are also affordable apartments, high-end condos, and modest bungalows surrounding the downtown proper. Monday through Friday, Heart of Missoulians share their neighborhood with architects, lawyers, business professionals, Forest Service employees, retailers, and restaurateurs. On the weekends people flock from all over to shop, dine, and gather for entertainment. In the spring, summer, and fall the morning farmers’ markets turn over to festivals in Caras Park in the afternoon and evening. In the winter, downtown is still alive with holiday shopping, events, and a homegrown film festival in February. The Heart of Missoula recaptures a sense of neighborhood that pre-dates the 1940's and 50's Norman Rockwell vision. This dense area of homes and commerce harkens back to the old Western settlement where community was everywhere you turned and your grocer, banker, and barkeeper were also your neighbors. If you would like more information regarding homes for sale in the Downtown Missoula area, please do not hesitate to contact us today.

Downtown Missoula Market Report

$1,332,641

AVERAGE PRICE OF 89 HOMES

$1,319,000

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$3,387,944

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$722,999

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

$593,750

AVERAGE PRICE OF 2 DISTRESSED HOMES

Average Home

Average Price $1,332,641
Avg Bedrooms 3.6 beds
Avg Bathrooms 2.69 baths

Average Price by Bedrooms

1 bedroom $417,400
2 bedrooms $1,676,714
3 bedrooms $648,992
4 bedrooms $2,745,362
5 bedrooms $1,079,500
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 89 $1,332,641 155 days
Newly Built Homes 10 $1,319,000 150 days
Homes with a Pool n/a n/a n/a
Multi-Million Dollar Homes 27 $3,387,944 196 days
Reduced Price Homes 3 $722,999 55 days
Distressed Homes 2 $593,750 72 days
The Schaefer Team - Keller Williams
Jason And Alana Schaefer
1200 South Reserve Street
Missoula, MT 59801
Jason - (406) 493-4262
Alana - (406) 493-0066

© 2018 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data updated 2/7/2025 10:13 PM CST.
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