Madison County, MT Average Home Price (2026)
The average home price in Madison County, Montana is about $708,500 (the 2026 median across 12 ZIP codes, at ~$404/sq ft) — 69% more expensive than the Montana median and 145% more expensive than the typical U.S. home.
How Madison County compares
Madison County is relatively expensive for housing nationally: its typical home costs $708,500 against $418,500 for Montana and $289,000 for the U.S. Within the county, ZIP-level values run from about $283,000 to $2,377,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Madison County | $708,500 | $404 |
| Montana | $418,500 | $280 |
| United States | $289,000 | $193 |
Madison County home prices by ZIP code
The 12 most valuable ZIP codes in Madison County (of 12 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 59747 Pony | $2,377,000 | $1251 | +235% |
| 59716 Big Sky | $1,918,000 | $1192 | +171% |
| 59745 Norris | $1,548,000 | $815 | +118% |
| 59720 Cameron | $810,000 | $1015 | +14% |
| 59740 McAllister | $802,000 | $481 | +13% |
| 59735 Harrison | $718,000 | $378 | +1% |
| 59751 Silver Star | $699,000 | $368 | -1% |
| 59729 Ennis | $658,000 | $430 | -7% |
| 59755 Virginia City | $614,000 | $323 | -13% |
| 59749 Sheridan | $506,000 | $326 | -29% |
| 59754 Twin Bridges | $495,000 | $308 | -30% |
| 59710 Alder | $283,000 | $149 | -60% |
Home value appreciation in Madison County
Home prices in Madison County have risen about 116% over the last 10 years (≈8.0% a year) and +149.9% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at -6.4% — a recent dip. A home worth $708,500 today was worth roughly $328,161 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Montana is +105.0% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Madison County
Run the numbers for Madison County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Madison County
To buy the typical $708,500 home in Madison County with 20% down, you need a household income of roughly $193,000 a year (about $4,500 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $229,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $35,400 | $5,590/mo | $240,000/yr |
| 10% (+PMI) | $70,900 | $5,340/mo | $229,000/yr |
| 20% | $141,700 | $4,500/mo | $193,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Madison County
At about $404 per square foot, here is roughly how much home different budgets get you in Madison County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $400k | 990 sq ft | below the local median — condos, smaller or older homes |
| $500k | 1240 sq ft | below the local median — condos, smaller or older homes |
| $600k | 1490 sq ft | around the typical home here |
| $750k | 1860 sq ft | around the typical home here |
| $1.00M | 2480 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Montana.
Estimate a specific home in Madison County
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Madison County home prices: frequently asked
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Browse all Montana cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.