GREAT FALLS Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Great Falls averaged 7.18% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

The average rate for the prior week (2023-09-07) was 6.72% and one month ago for the week of 2023-08-10, the average rate was 6.56%.

Great Falls's average rate one year ago was 5.79%.

For refis of the same type during the week of 2023-09-14, the average rate was 6.62%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-14 7.18%
Great Falls 30 Year Fixed Rate 2023-09-14 7.18%
Great Falls 30 Year Fixed Rate Refi 2023-09-14 6.62%
Great Falls 15 Year Fixed Rate 2023-09-14 6.41%
Great Falls 15 Year Fixed Rate Refi 2023-09-14 6.41%
Great Falls 30 Year FHA 2023-09-14 6.27%
Great Falls 30 Year FHA Refi 2023-09-14 6.89%
Great Falls 30 Year USDA 2023-09-14 7.08%
Great Falls 30 Year USDA Refi 2023-09-14 7.18%
Great Falls 30 Year VA 2023-09-14 6.59%
Great Falls 30 Year VA Refi 2023-09-14 6.71%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within GREAT FALLS, MT.

GREAT FALLS Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the GREAT FALLS, MT market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Stockman Bank of Montana 198 5.09% $5,455
Opportunity Bank of Montana 112 5.08% $5,453
MANN FINANCIAL INC. 62 5.21% $6,122
QUICKEN LOANS, LLC 49 5.03% $6,889
American Bank Center 36 4.36% $5,585
Wells Fargo Bank 30 4.58% $4,216
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 28 5.13% $6,144
Flagstar Bank, FSB 22 5.24% $6,053
U.S. Bank 20 5.02% $6,216
Montana Federal Credit Union 17 5.10% $6,150
UNIVERSAL LENDING CORPORATION 15 5.10% $6,855
First Interstate Bank 13 4.80% $4,663
LOANDEPOT.COM, LLC 13 4.52% $5,553
GUARANTEED RATE, INC. 11 6.27% $6,690
AMERISAVE MORTGAGE CORPORATION 9 4.26% $8,872
UNITED WHOLESALE MORTGAGE, LLC 7 5.05% $4,559
Paramount Residential Mortgage Group, Inc. 7 5.34% $8,232
Glacier Bank 7 4.45% $6,505
JPMorgan Chase Bank 6 4.37% $3,265
Mr. Cooper ( Nationstar Mortgage ) 6 5.10% $5,614
GUILD MORTGAGE COMPANY 6 4.56% $6,041
FREEDOM MORTGAGE CORPORATION 5 4.62% $5,261
CALIBER HOME LOANS, INC. 5 4.69% $8,196
PENNYMAC LOAN SERVICES, LLC 5 4.32% $6,797
LAKEVIEW LOAN SERVICING, LLC 5 5.45% $4,504
HOMESTAR FINANCIAL CORPORATION 5 4.65% $4,340
MORTGAGE 1 INCORPORATED 5 4.70% $5,977
Citizens Bank 4 4.28% $5,292
BROKER SOLUTIONS, INC. 4 4.00% $6,078
CRESCENT MORTGAGE COMPANY 4 3.78% $8,874
MUTUAL OF OMAHA MORTGAGE, INC. 3 5.92% $5,371
Ally Bank 3 3.83% $6,327
PLANET HOME LENDING, LLC 3 5.54% $5,325
Morgan Stanley Private Bank 3 4.48% $4,095
NEWREZ LLC 3 5.37% $5,542
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.50% $7,369
BAY EQUITY LLC 2 5.38% $5,067
AMERICAN FINANCING CORPORATION 2 3.25% $5,239
Bank of England 2 3.63% $8,363
1st Security Bank of Washington 2 4.88% $6,205
BETTER MORTGAGE CORPORATION 2 5.00% $3,143
BNC National Bank 2 5.50% $6,441
CHERRY CREEK MORTGAGE, LLC 2 6.06% $1,694
CHURCHILL MORTGAGE CORPORATION 2 4.44% $4,601
CROSSCOUNTRY MORTGAGE, LLC 2 4.75% $5,704
ENVOY MORTGAGE, LTD 2 4.50% $4,967
GoPrime Mortgage, Inc. 2 4.62% $4,216
HOME POINT FINANCIAL CORPORATION 2 5.93% $4,203
Hometown Lenders, Inc. 2 4.63% $6,011
LEADERONE FINANCIAL CORPORATION 2 6.06% $6,282
Mortgage Research Center, LLC 2 5.49% $5,706
MOUNTAIN AMERICA 2 4.88% $6,964
NAVY FEDERAL CREDIT UNION 2 4.38% $2,859
NexBank 2 5.75% $5,113
PACIFIC RESIDENTIAL MORTGAGE, LLC 2 4.94% $5,107
Plains Commerce Bank 2 6.44% $6,311
Stifel Bank and Trust 2 4.06% $2,892
The Central Trust Bank 2 6.06% $2,124
The Huntington National Bank 2 4.10% $5,228
Unify Home Lending Inc. 1 5.38% $5,252
Deseret First Credit Union 1 4.88% $4,501
CORNERSTONE HOME LENDING, INC. 1 5.63% $6,528
Union Savings Bank 1 4.00% $3,022
NBKC BANK 1 3.25% $1,251
NETWORK CAPITAL FUNDING CORPORATION 1 4.88% $4,820
Cornerstone First Mortgage, Inc 1 3.50% $4,216
AMCAP MORTGAGE, LTD. 1 5.38% $6,989
North American Savings Bank, F.S.B. 1 5.25% $2,466
Northwest Farm Credit Services, FLCA 1 5.15% $13,186
CLEARWATER Federal Credit Union 1 4.50% $6,124
Altana Federal Credit Union 1 3.75% $9,371
Charles Schwab Bank, SSB 1 4.30% $3,631
Carrington Mortgage Services, LLC 1 5.25% $4,087
USAA Federal Savings Bank 1 5.50% $5,806
CANOPY MORTGAGE, LLC 1 4.88% $3,077
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 4.63% $9,031
Blue Ridge Bank 1 5.00% $3,848
Servion, Inc. 1 3.75% $9,371
Sierra Pacific Mortgage Company, Inc. 1 5.25% $4,621
AIR ACADEMY 1 3.38% $2,378
AXIA FINANCIAL, LLC 1 3.00% $3,150
SUMMIT FUNDING, INC. 1 3.50% $6,052
ACADEMY MORTGAGE CORPORATION 1 6.00% $2,975
IDAHO CENTRAL 1 3.88% $6,270
KeyBank 1 4.25% $5,844
HORIZON 1 6.13% $4,456
ZILLOW HOME LOANS, LLC 1 5.50% $4,087
Great Southern Bank 1 4.63% $4,889
First Internet Bank of Indiana 1 5.13% $3,308
First Guaranty Mortgage Corporation 1 4.25% $2,385
Equity Prime Mortgage LLC 1 8.50% $21,124
EMBRACE HOME LOANS, INC. 1 5.49% $3,588
Truist 1 4.49% $5,979

GREAT FALLS Average Closing Costs & Other Stats

GREAT FALLS, MT's 93 lenders originated 2,195 loans during 2022. The total origination value was $539,235,000, with an average loan value of $245,665.

GREAT FALLS's average closing costs are $5,480.

The top GREAT FALLS lender as defined by loan originations is Stockman Bank of Montana, with 198 loans originated. Their average total fees are $5,455, which is $2 higher than the next largest lender, Opportunity Bank of Montana.

The lowest fee GREAT FALLS lenders (with over 10 loans originated) are Wells Fargo Bank ($4,216), First Interstate Bank ($4,663), Opportunity Bank of Montana ($5,453), Stockman Bank of Montana ($5,455) and LOANDEPOT.COM, LLC ($5,553).

The lowest rate GREAT FALLS lenders (with over 10 loans originated) are American Bank Center (4.36%), LOANDEPOT.COM, LLC (4.52%), Wells Fargo Bank (4.58%), First Interstate Bank (4.80%) and U.S. Bank (5.02%).

GREAT FALLS, MT Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Stockman Bank of Montana $143,190,000 $100,000,000 -30.2% 18.5%
Opportunity Bank of Montana $107,180,000 $67,180,000 -37.3% 12.5%
GREYSTONE SERVICING COMPANY LLC $30,220,000 n/a 5.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $38,435,000 $27,465,000 -28.5% 5.1%
MANN FINANCIAL INC. $48,260,000 $23,860,000 -50.6% 4.4%
QUICKEN LOANS, LLC $52,170,000 $22,780,000 -56.3% 4.2%
Mortgage Research Center, LLC $25,895,000 $21,260,000 -17.9% 3.9%
American Bank Center $28,480,000 $20,745,000 -27.2% 3.8%
Wells Fargo Bank $22,965,000 $17,260,000 -24.8% 3.2%
U.S. Bank $19,890,000 $15,755,000 -20.8% 2.9%
Montana Federal Credit Union $18,110,000 $13,835,000 -23.6% 2.6%
Flagstar Bank, FSB $23,080,000 $12,245,000 -46.9% 2.3%
USAA Federal Savings Bank $6,680,000 $9,025,000 35.1% 1.7%
UNITED WHOLESALE MORTGAGE, LLC $6,805,000 $7,880,000 15.8% 1.5%
First Interstate Bank $21,205,000 $7,800,000 -63.2% 1.4%
FREEDOM MORTGAGE CORPORATION $39,615,000 $7,135,000 -82.0% 1.3%
GUARANTEED RATE, INC. $6,280,000 n/a 1.2%
Citizens Alliance Bank $5,385,000 $6,200,000 15.1% 1.1%
UNIVERSAL LENDING CORPORATION $21,100,000 $6,115,000 -71.0% 1.1%
LOANDEPOT.COM, LLC $14,305,000 $5,545,000 -61.2% 1.0%
Paramount Residential Mortgage Group, Inc. $4,895,000 $5,525,000 12.9% 1.0%
HORIZON $5,500,000 n/a 1.0%
Glacier Bank $20,900,000 $5,010,000 -76.0% 0.9%
NAVY FEDERAL CREDIT UNION $6,265,000 $4,250,000 -32.2% 0.8%
AMERISAVE MORTGAGE CORPORATION $6,505,000 $4,215,000 -35.2% 0.8%
HOMESTAR FINANCIAL CORPORATION $10,960,000 $3,765,000 -65.6% 0.7%
PENNYMAC LOAN SERVICES, LLC $14,175,000 $3,320,000 -76.6% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $2,890,000 $3,060,000 5.9% 0.6%
BROKER SOLUTIONS, INC. $1,220,000 $3,005,000 146.3% 0.6%
NEW DAY FINANCIAL, LLC $7,020,000 $2,970,000 -57.7% 0.6%
The Federal Savings Bank $1,630,000 $2,810,000 72.4% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $1,100,000 $2,180,000 98.2% 0.4%
CALIBER HOME LOANS, INC. $1,840,000 $2,170,000 17.9% 0.4%
CRESCENT MORTGAGE COMPANY $740,000 $2,045,000 176.4% 0.4%
LAKEVIEW LOAN SERVICING, LLC $12,095,000 $1,995,000 -83.5% 0.4%
AMERICAN FINANCING CORPORATION $1,030,000 $1,885,000 83.0% 0.3%
BNC National Bank $1,880,000 n/a 0.3%
GUILD MORTGAGE COMPANY $2,720,000 $1,805,000 -33.6% 0.3%
NEWREZ LLC $3,855,000 $1,790,000 -53.6% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $1,280,000 $1,760,000 37.5% 0.3%
MOUNTAIN AMERICA $505,000 $1,695,000 235.6% 0.3%
JPMorgan Chase Bank $4,430,000 $1,665,000 -62.4% 0.3%
MORTGAGE 1 INCORPORATED $1,370,000 $1,635,000 19.3% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,360,000 n/a 0.3%
Morgan Stanley Private Bank $1,305,000 n/a 0.2%
PLANET HOME LENDING, LLC $1,915,000 $1,300,000 -32.1% 0.2%
The Huntington National Bank $1,705,000 $1,280,000 -24.9% 0.2%
Barrington Bank & Trust Company, N.A. $1,545,000 $1,270,000 -17.8% 0.2%
BETTER MORTGAGE CORPORATION $4,410,000 $1,230,000 -72.1% 0.2%
Plains Commerce Bank $1,940,000 $1,190,000 -38.7% 0.2%
CLEARPATH LENDING $2,675,000 $1,140,000 -57.4% 0.2%
Carrington Mortgage Services, LLC $2,040,000 $1,030,000 -49.5% 0.2%
NBKC BANK $835,000 $1,010,000 21.0% 0.2%
KeyBank $515,000 $990,000 92.2% 0.2%
Ally Bank $340,000 $985,000 189.7% 0.2%
Citizens Bank $670,000 $985,000 47.0% 0.2%
HOME POINT FINANCIAL CORPORATION $1,010,000 $965,000 -4.5% 0.2%
Truist $360,000 $965,000 168.1% 0.2%
CHERRY CREEK MORTGAGE, LLC $760,000 $920,000 21.1% 0.2%
LEADERONE FINANCIAL CORPORATION $880,000 n/a 0.2%
CHURCHILL MORTGAGE CORPORATION $745,000 $875,000 17.4% 0.2%
Magnolia Bank $890,000 $855,000 -3.9% 0.2%
AXIA FINANCIAL, LLC $785,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $735,000 $770,000 4.8% 0.1%
VILLAGE CAPITAL MORTGAGE $1,110,000 $750,000 -32.4% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,505,000 $740,000 -50.8% 0.1%
M&T Bank $420,000 $680,000 61.9% 0.1%
Northwest Farm Credit Services, FLCA $655,000 n/a 0.1%
Great Southern Bank $645,000 n/a 0.1%
Sound Community Bank $625,000 n/a 0.1%
ACADEMY MORTGAGE CORPORATION $135,000 $610,000 351.9% 0.1%
BAY EQUITY LLC $520,000 $585,000 12.5% 0.1%
Stifel Bank and Trust $730,000 $580,000 -20.5% 0.1%
Bank of England $145,000 $570,000 293.1% 0.1%
First Guaranty Mortgage Corporation $580,000 $560,000 -3.4% 0.1%
Equity Prime Mortgage LLC $315,000 $535,000 69.8% 0.1%
NexBank $530,000 n/a 0.1%
Servion, Inc. $195,000 $530,000 171.8% 0.1%
CORNERSTONE HOME LENDING, INC. $360,000 $510,000 41.7% 0.1%
Hometown Lenders, Inc. $575,000 $500,000 -13.0% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $485,000 n/a 0.1%
PACIFIC RESIDENTIAL MORTGAGE, LLC $105,000 $470,000 347.6% 0.1%
The Central Trust Bank $425,000 $460,000 8.2% 0.1%
Sunflower Bank $455,000 n/a 0.1%
ENVOY MORTGAGE, LTD $235,000 $430,000 83.0% 0.1%
AMERICAN ADVISORS GROUP $465,000 $420,000 -9.7% 0.1%
Sierra Pacific Mortgage Company, Inc. $410,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $400,000 n/a 0.1%
1st Security Bank of Washington $380,000 n/a 0.1%
Altana Federal Credit Union $375,000 n/a 0.1%
GoPrime Mortgage, Inc. $365,000 $350,000 -4.1% 0.1%
AMCAP MORTGAGE, LTD. $245,000 $345,000 40.8% 0.1%
Discover Bank $85,000 $345,000 305.9% 0.1%
MID AMERICA MORTGAGE, INC. $345,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $245,000 $335,000 36.7% 0.1%
IDAHO CENTRAL $315,000 n/a 0.1%
Cornerstone First Mortgage, Inc $305,000 n/a 0.1%
MOVEMENT MORTGAGE, LLC $305,000 n/a 0.1%
Charles Schwab Bank, SSB $285,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $165,000 $285,000 72.7% 0.1%
Mid-Continent Funding, Inc. $175,000 $265,000 51.4% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $260,000 n/a 0.0%
WINGS FINANCIAL $255,000 n/a 0.0%
CLEARWATER Federal Credit Union $820,000 $245,000 -70.1% 0.0%
FirstBank $305,000 $245,000 -19.7% 0.0%
21ST MORTGAGE CORPORATION $90,000 $235,000 161.1% 0.0%
CANOPY MORTGAGE, LLC $135,000 $235,000 74.1% 0.0%
First International Bank & Trust $215,000 $235,000 9.3% 0.0%
Union Savings Bank $235,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $265,000 $225,000 -15.1% 0.0%
SUMMIT FUNDING, INC. $225,000 n/a 0.0%
Meridian Bank Corporation $205,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $195,000 n/a 0.0%
S1L, Inc. $195,000 n/a 0.0%
Blue Ridge Bank $185,000 n/a 0.0%
First Internet Bank of Indiana $185,000 n/a 0.0%
WESTERN VISTA $165,000 n/a 0.0%
Deseret First Credit Union $155,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $95,000 $145,000 52.6% 0.0%
AIR ACADEMY $135,000 n/a 0.0%
CMG MORTGAGE, INC. $135,000 n/a 0.0%
SPRING EQ, LLC $130,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $115,000 n/a 0.0%
Figure Lending LLC $35,000 $105,000 200.0% 0.0%
PNC Bank $1,125,000 $105,000 -90.7% 0.0%
TRIAD FINANCIAL SERVICES, INC. $190,000 $105,000 -44.7% 0.0%
Bank of America $2,170,000 $95,000 -95.6% 0.0%
North American Savings Bank, F.S.B. $215,000 $85,000 -60.5% 0.0%
Unify Home Lending Inc. $165,000 $85,000 -48.5% 0.0%

GREAT FALLS's top lender by overall market share is Stockman Bank of Montana, with 18.5% market share. In second place, with 12.5%, is Opportunity Bank of Montana, having originated $67,180,000 in loans. In third place, with 5.6%, is GREYSTONE SERVICING COMPANY LLC, having originated $30,220,000 in loans. In fourth place, with 5.1%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $27,465,000 in loans. In fifth place, with 4.4%, is MANN FINANCIAL INC., having originated $23,860,000 in loans.


GREAT FALLS Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - GREAT FALLS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $215,975 (11.8%) $287,671 (7.5%) 0.00 280
2018-02-01 $211,225 (4.6%) $283,637 (3.4%) 0.00 281
2018-03-01 $225,000 (7.2%) $294,670 (5.4%) 0.00 264
2018-04-01 $212,500 (6.3%) $287,733 (2.8%) 0.00 275
2018-05-01 $222,500 (9.5%) $298,678 (8.9%) 0.00 305
2018-06-01 $232,200 (10.6%) $302,171 (8.9%) 0.00 327
2018-07-01 $233,000 (11.0%) $296,001 (10.8%) 0.00 334
2018-08-01 $229,900 (17.3%) $288,263 (12.5%) 0.00 353
2018-09-01 $225,000 (12.6%) $287,317 (10.4%) 0.00 379
2018-10-01 $224,600 (4.5%) $282,946 (2.9%) 0.00 370
2018-11-01 $223,600 (6.5%) $280,812 (0.0%) 0.00 346
2018-12-01 $219,900 (4.7%) $279,597 (-1.0%) 0.00 320
2019-01-01 $217,450 (0.7%) $283,616 (-1.4%) 0.00 280
2019-02-01 $219,900 (4.1%) $280,709 (-1.0%) 0.00 277
2019-03-01 $237,043 (5.4%) $291,498 (-1.1%) 0.00 258
2019-04-01 $254,593 (19.8%) $299,651 (4.1%) 0.00 254
2019-05-01 $248,550 (11.7%) $304,453 (1.9%) 0.00 297
2019-06-01 $239,900 (3.3%) $307,001 (1.6%) 0.00 301
2019-07-01 $239,950 (3.0%) $308,302 (4.2%) 0.00 343
2019-08-01 $237,068 (3.1%) $304,042 (5.5%) 0.00 335
2019-09-01 $232,670 (3.4%) $295,696 (2.9%) 0.00 323
2019-10-01 $229,739 (2.3%) $289,282 (2.2%) 0.00 312
2019-11-01 $224,950 (0.6%) $280,083 (-0.3%) 0.00 285
2019-12-01 $226,500 (3.0%) $284,554 (1.8%) 0.00 241
2020-01-01 $242,000 (11.3%) $292,393 (3.1%) 0.00 207
2020-02-01 $239,950 (9.1%) $292,445 (4.2%) 0.00 196
2020-03-01 $233,675 (-1.4%) $291,260 (-0.1%) 0.00 196
2020-04-01 $252,725 (-0.7%) $305,059 (1.8%) 0.00 199
2020-05-01 $259,000 (4.2%) $321,142 (5.5%) 0.00 205
2020-06-01 $256,875 (7.1%) $323,319 (5.3%) 0.00 204
2020-07-01 $257,000 (7.1%) $337,940 (9.6%) 0.00 182
2020-08-01 $254,500 (7.4%) $343,000 (12.8%) 0.00 172
2020-09-01 $266,925 (14.7%) $367,101 (24.2%) 0.00 154
2020-10-01 $249,900 (8.8%) $364,622 (26.0%) 0.00 115
2020-11-01 $276,375 (22.9%) $401,563 (43.4%) 0.00 101
2020-12-01 $290,250 (28.2%) $439,072 (54.3%) 0.00 74
2021-01-01 $295,950 (22.3%) $467,598 (59.9%) 0.00 60
2021-02-01 $302,425 (26.0%) $524,639 (79.4%) 0.00 48
2021-03-01 $343,035 (46.8%) $581,229 (99.6%) 0.00 57
2021-04-01 $307,700 (21.8%) $583,691 (91.3%) 0.00 50
2021-05-01 $287,450 (11.0%) $516,094 (60.7%) 0.00 56
2021-06-01 $277,875 (8.2%) $466,696 (44.4%) 0.00 86
2021-07-01 $285,000 (10.9%) $449,739 (33.1%) 0.00 88
2021-08-01 $287,500 (13.0%) $430,297 (25.5%) 0.00 110
2021-09-01 $312,425 (17.1%) $490,171 (33.5%) 0.00 91
2021-10-01 $299,450 (19.8%) $471,122 (29.2%) 0.00 74
2021-11-01 $291,250 (5.4%) $494,065 (23.0%) 0.00 61
2021-12-01 $329,450 (13.5%) $528,538 (20.4%) 0.00 51
2022-01-01 $349,950 (18.3%) $574,520 (22.9%) 0.00 45
2022-02-01 $396,000 (30.9%) $612,818 (16.8%) 0.00 39
2022-03-01 $388,725 (13.3%) $542,718 (-6.6%) 0.00 40
2022-04-01 $339,000 (10.2%) $526,995 (-9.7%) 0.00 50
2022-05-01 $394,000 (37.1%) $539,408 (4.5%) 0.00 71
2022-06-01 $380,000 (36.8%) $524,816 (12.5%) 0.00 105
2022-07-01 $395,000 (38.6%) $533,150 (18.6%) 0.00 120
2022-08-01 $412,500 (43.5%) $564,773 (31.3%) 0.00 128
2022-09-01 $411,000 (31.6%) $536,326 (9.4%) 0.00 111
2022-10-01 $439,000 (46.6%) $542,712 (15.2%) 0.00 108
2022-11-01 $439,000 (50.7%) $577,989 (17.0%) 0.00 90
2022-12-01 $405,000 (22.9%) $557,568 (5.5%) 0.00 87
2023-01-01 $408,500 (16.7%) $572,680 (-0.3%) 0.00 80
2023-02-01 $411,750 (4.0%) $606,095 (-1.1%) 0.00 68
2023-03-01 $405,500 (4.3%) $634,005 (16.8%) 0.00 62
2023-04-01 $449,950 (32.7%) $628,595 (19.3%) 0.00 71
2023-05-01 $384,500 (-2.4%) $631,151 (17.0%) 0.00 73
2023-06-01 $412,500 (8.6%) $698,339 (33.1%) 0.00 77
2023-07-01 $385,000 (-2.5%) $628,632 (17.9%) 0.00 95
2023-08-01 $410,459 (-0.5%) $590,716 (4.6%) 0.00 102
GREAT FALLS's median listing price for 2023-08-01 was $410,459, a difference of $-2,041 (-0.5%) versus the prior year and $25,459 versus the prior month.

GREAT FALLS's median listing price comes in at 0% of the national average.

GREAT FALLS's average listing price for 2023-08-01 was $590,716, a difference of $25,943 (4.6%) versus the prior year and $-37,916 versus the prior month.

For the 2023-08-01 period, GREAT FALLS had 102 MLS listings, a difference of 7 listings (7%) versus the prior month and -26 listings (-20%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - GREAT FALLS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,988 sqft
2018-02-01 0 days 1,941 sqft
2018-03-01 0 days 1,960 sqft
2018-04-01 0 days 1,954 sqft
2018-05-01 0 days 2,020 sqft
2018-06-01 0 days 2,097 sqft
2018-07-01 0 days 2,147 sqft
2018-08-01 0 days 2,142 sqft
2018-09-01 0 days 2,129 sqft
2018-10-01 0 days 2,133 sqft
2018-11-01 0 days 2,167 sqft
2018-12-01 0 days 2,080 sqft
2019-01-01 0 days 2,083 sqft
2019-02-01 0 days 1,836 sqft
2019-03-01 0 days 2,017 sqft
2019-04-01 0 days 2,191 sqft
2019-05-01 0 days 2,194 sqft
2019-06-01 0 days 2,164 sqft
2019-07-01 0 days 2,250 sqft
2019-08-01 0 days 2,233 sqft
2019-09-01 0 days 2,191 sqft
2019-10-01 0 days 2,164 sqft
2019-11-01 0 days 2,100 sqft
2019-12-01 0 days 2,126 sqft
2020-01-01 0 days 2,215 sqft
2020-02-01 0 days 2,129 sqft
2020-03-01 0 days 2,074 sqft
2020-04-01 0 days 2,246 sqft
2020-05-01 0 days 2,302 sqft
2020-06-01 0 days 2,222 sqft
2020-07-01 0 days 2,270 sqft
2020-08-01 0 days 2,227 sqft
2020-09-01 0 days 2,384 sqft
2020-10-01 0 days 2,208 sqft
2020-11-01 0 days 2,224 sqft
2020-12-01 0 days 2,089 sqft
2021-01-01 0 days 2,144 sqft
2021-02-01 0 days 2,263 sqft
2021-03-01 0 days 2,440 sqft
2021-04-01 0 days 2,379 sqft
2021-05-01 0 days 2,218 sqft
2021-06-01 0 days 2,156 sqft
2021-07-01 0 days 2,150 sqft
2021-08-01 0 days 2,173 sqft
2021-09-01 0 days 2,294 sqft
2021-10-01 0 days 2,240 sqft
2021-11-01 0 days 2,261 sqft
2021-12-01 0 days 2,200 sqft
2022-01-01 0 days 2,216 sqft
2022-02-01 0 days 2,343 sqft
2022-03-01 0 days 2,265 sqft
2022-04-01 0 days 2,196 sqft
2022-05-01 0 days 2,299 sqft
2022-06-01 0 days 2,352 sqft
2022-07-01 0 days 2,431 sqft
2022-08-01 0 days 2,515 sqft
2022-09-01 0 days 2,454 sqft
2022-10-01 0 days 2,586 sqft
2022-11-01 0 days 2,507 sqft
2022-12-01 0 days 2,344 sqft
2023-01-01 0 days 2,321 sqft
2023-02-01 0 days 2,282 sqft
2023-03-01 0 days 2,290 sqft
2023-04-01 0 days 2,298 sqft
2023-05-01 0 days 2,073 sqft
2023-06-01 0 days 2,225 sqft
2023-07-01 0 days 2,104 sqft
2023-08-01 0 days 2,120 sqft
GREAT FALLS's median listing age (time on market) for 2023-08-01 was 0 days.

GREAT FALLS's median square footage for active listings during the 2023-08-01 period was 2,120 sqft. One year prior, the average listing was 2,515 sqft.

GREAT FALLS, MT Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
59401 Great Falls, MT $570 $580 $760 $1,070 $1,250
59403 Great Falls, MT $640 $650 $850 $1,190 $1,390
59404 Great Falls, MT $670 $680 $890 $1,250 $1,460
59405 Great Falls, MT $650 $660 $860 $1,210 $1,410
59406 Great Falls, MT $640 $650 $850 $1,190 $1,390
59412 Great Falls, MT $680 $690 $900 $1,260 $1,480
59414 Great Falls, MT $570 $580 $760 $1,060 $1,240
59421 Great Falls, MT $600 $610 $800 $1,120 $1,310
59436 Great Falls, MT $640 $650 $850 $1,190 $1,390
59440 Great Falls, MT $640 $650 $850 $1,190 $1,390
59443 Great Falls, MT $640 $650 $850 $1,190 $1,390
59463 Great Falls, MT $640 $650 $850 $1,190 $1,390
59465 Great Falls, MT $640 $650 $850 $1,190 $1,390
59468 Great Falls, MT $700 $710 $930 $1,300 $1,530
59472 Great Falls, MT $730 $730 $970 $1,350 $1,620
59477 Great Falls, MT $640 $650 $850 $1,190 $1,390
59480 Great Falls, MT $660 $670 $880 $1,240 $1,440
59483 Great Falls, MT $640 $650 $850 $1,180 $1,380
59485 Great Falls, MT $620 $630 $820 $1,150 $1,350
59487 Great Falls, MT $640 $650 $850 $1,190 $1,390

2022 Average & Median Rent Data Statistics
GREAT FALLS, MT average 1BR rent: $652, median: $650
GREAT FALLS, MT average 2BR rent: $854, median: $850
GREAT FALLS, MT average 3BR rent: $1,195, median: $1,190

GREAT FALLS, MT Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,266 $337,120,000 $266,288
Cash Out Refi 484 $96,140,000 $198,636
Refi 243 $87,085,000 $358,374
Home Improvement 121 $9,525,000 $78,719
Other 81 $9,365,000 $115,617

Great Falls's most frequently cited loan purpose was Home Purchase, with 1,266 originations. The 2nd most popular reason was Cash Out Refi, with 484 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 574 $137,360,000 $239,303
4-5% 564 $164,120,000 $290,993
3-4% 493 $118,385,000 $240,132
6-7% 242 $55,940,000 $231,157
2.5-3% 144 $27,710,000 $192,431
7-8% 64 $11,910,000 $186,094
<2.5% 62 $13,700,000 $220,968
Over 8% 23 $3,895,000 $169,348

During 2022, Great Falls's most frequently originated rate bucket was 5-6%, with 574 originations.

Loan Sizing (GREAT FALLS, MT MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 945 $257,315,000 $272,291
$100k-200k 653 $99,895,000 $152,979
$100,000 or less 375 $18,765,000 $50,040
$400k-600k 148 $70,740,000 $477,973
$600k-1000k 52 $36,410,000 $700,192
$Over $1MM 22 $56,110,000 $2,550,455

GREAT FALLS's loan sizing saw the bucket of loans from $200k-400k with 945 originations, totaling $257,315,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 835 $240,035,000 $287,467
60-80% 580 $170,490,000 $293,948
40-60% 227 $57,885,000 $255,000
Under 20% 219 $10,225,000 $46,689
20-40% 213 $26,195,000 $122,981
Over 100% 83 $26,745,000 $322,229

GREAT FALLS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 835 originations, totaling $240,035,000 in origination value.