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 6.87% for the week of 2024-07-03, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-27) was 6.58% and one month ago for the week of 2024-05-30, the average rate was 6.85%.

Great Falls's average rate one year ago was 6.83%.

For refis of the same type during the week of 2024-07-03, the average rate was 6.95%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-03 6.95%
Great Falls 30 Year Fixed Rate 2024-07-03 6.87%
Great Falls 30 Year Fixed Rate Refi 2024-07-03 6.95%
Great Falls 15 Year Fixed Rate 2024-07-03 6.05%
Great Falls 15 Year Fixed Rate Refi 2024-07-03 6.85%
Great Falls 30 Year FHA 2024-07-03 6.18%
Great Falls 30 Year FHA Refi 2024-07-03 6.82%
Great Falls 30 Year USDA 2024-07-03 6.54%
Great Falls 30 Year USDA Refi 2024-07-03 6.84%
Great Falls 30 Year VA 2024-07-03 5.98%
Great Falls 30 Year VA Refi 2024-07-03 6.68%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Stockman Bank of Montana 127 6.64% $5,949
Opportunity Bank of Montana 48 6.41% $5,698
MANN FINANCIAL INC. 36 6.91% $5,374
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 27 6.62% $7,200
GUARANTEED RATE, INC. 27 6.85% $6,466
QUICKEN LOANS, LLC 24 6.93% $7,217
U.S. Bank 11 6.79% $5,374
American Bank Center 10 6.20% $6,860
Flagstar Bank, FSB 9 6.41% $7,013
UNITED WHOLESALE MORTGAGE, LLC 7 6.78% $5,819
UNIVERSAL LENDING CORPORATION 7 6.89% $11,550
CLEARWATER Federal Credit Union 6 6.81% $5,319
Montana Federal Credit Union 6 6.38% $7,437
Mr. Cooper ( Nationstar Mortgage ) 5 7.22% $6,689
Wells Fargo Bank 5 6.70% $5,304
First Interstate Bank 5 6.95% $5,329
MORTGAGE 1 INCORPORATED 4 7.25% $6,645
HORIZON 4 7.41% $5,671
CHURCHILL MORTGAGE CORPORATION 4 6.69% $4,660
GUILD MORTGAGE COMPANY 3 6.29% $10,756
MOVEMENT MORTGAGE, LLC 3 6.81% $10,145
BROKER SOLUTIONS, INC. 3 7.37% $7,689
CALCON MUTUAL MORTGAGE LLC 3 6.79% $7,047
BMO Harris Bank 2 6.00% $5,023
LOANDEPOT.COM, LLC 2 6.63% $7,538
Unify Home Lending Inc. 2 7.00% $4,198
UNION HOME MORTGAGE CORP. 2 7.06% $8,725
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.31% $4,715
PENNYMAC LOAN SERVICES, LLC 2 6.87% $15,606
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.31% $7,042
CROSSCOUNTRY MORTGAGE, LLC 2 6.19% $9,101
ZILLOW HOME LOANS, LLC 2 7.25% $7,526
The Central Trust Bank 1 6.63% $3,787
The Huntington National Bank 1 6.70% $5,114
Truist 1 6.60% $3,451
LENOX FINANCIAL MORTGAGE CORPORATION 1 7.50% $4,158
AMERICAN FINANCIAL NETWORK, INC. 1 6.75% $9,191
AMERICAN INTERNET MORTGAGE, INC. 1 5.88% $2,909
AMERISAVE MORTGAGE CORPORATION 1 5.25% $7,381
ARC HOME LLC 1 9.00% $7,407
Arvest Bank 1 6.38% $5,875
Axos Bank 1 6.25% $2,694
BETTER MORTGAGE CORPORATION 1 6.50% $3,169
CASTLE & COOKE MORTGAGE, LLC 1 7.49% $8,487
CHERRY CREEK MORTGAGE, LLC 1 5.75% $149
Citizens Bank 1 5.75% $2,341
COLUMBIA COMMUNITY CREDIT UNION 1 8.13% $8,302
CORNERSTONE HOME LENDING, INC. 1 7.00% $3,974
CRESCENT MORTGAGE COMPANY 1 6.63% $4,938
FIRST COLONY MORTGAGE CORPORATION 1 6.75% $7,561
Gateway First Bank 1 6.75% $6,500
Glacier Bank 1 6.38% $9,908
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.88% $7,636
JPMorgan Chase Bank 1 6.63% $5,560
Ally Bank 1 6.88% $7,312
Merchants Bank 1 6.78% $4,300
Meridian Trust Federal Credit Union 1 6.50% $3,798
MID AMERICA MORTGAGE, INC. 1 6.88% $3,358
M&T Bank 1 7.63% $4,848
NAVY FEDERAL CREDIT UNION 1 7.25% $5,039
Northpointe Bank 1 6.50% $6,446
OCMBC, INC. 1 7.38% $9,504
Paramount Residential Mortgage Group, Inc. 1 7.38% $11,749
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.63% $8,679
RELIANCE FIRST CAPITAL, LLC 1 9.88% $6,462
Sierra Pacific Mortgage Company, Inc. 1 6.99% $6,465
Stifel Bank and Trust 1 6.50% $2,247

GREAT FALLS Average Closing Costs & Other Stats

GREAT FALLS, MT's 67 lenders originated 1,583 loans during 2023. The total origination value was $384,995,000, with an average loan value of $243,206.

GREAT FALLS's average closing costs are $5,735.

The top GREAT FALLS lender as defined by loan originations is Stockman Bank of Montana, with 127 loans originated. Their average total fees are $5,949, which is $252 higher than the next largest lender, Opportunity Bank of Montana.

The lowest fee GREAT FALLS lenders (with over 10 loans originated) are MANN FINANCIAL INC. ($5,374), U.S. Bank ($5,374), Opportunity Bank of Montana ($5,698), Stockman Bank of Montana ($5,949) and GUARANTEED RATE, INC. ($6,466).

The lowest rate GREAT FALLS lenders (with over 10 loans originated) are American Bank Center (6.20%), Opportunity Bank of Montana (6.41%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.62%), Stockman Bank of Montana (6.64%) and U.S. Bank (6.79%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Stockman Bank of Montana $100,000,000 $83,585,000 -16.4% 21.7%
Opportunity Bank of Montana $67,180,000 $33,885,000 -49.6% 8.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $27,465,000 $31,400,000 14.3% 8.2%
Glacier Bank $5,010,000 $23,275,000 364.6% 6.0%
MANN FINANCIAL INC. $23,860,000 $19,515,000 -18.2% 5.1%
GUARANTEED RATE, INC. $6,280,000 $18,390,000 192.8% 4.8%
Mortgage Research Center, LLC $21,260,000 $13,155,000 -38.1% 3.4%
QUICKEN LOANS, LLC $22,780,000 $10,505,000 -53.9% 2.7%
American Bank Center $20,745,000 $10,370,000 -50.0% 2.7%
Montana Federal Credit Union $13,835,000 $10,255,000 -25.9% 2.7%
Citizens Alliance Bank $6,200,000 $8,290,000 33.7% 2.2%
U.S. Bank $15,755,000 $7,100,000 -54.9% 1.8%
Belt Valley Bank $5,725,000 n/a 1.5%
NAVY FEDERAL CREDIT UNION $4,250,000 $5,375,000 26.5% 1.4%
Flagstar Bank, FSB $12,245,000 $5,320,000 -56.6% 1.4%
UNITED WHOLESALE MORTGAGE, LLC $7,880,000 $5,125,000 -35.0% 1.3%
PENNYMAC LOAN SERVICES, LLC $3,320,000 $4,950,000 49.1% 1.3%
MORTGAGE 1 INCORPORATED $1,635,000 $4,855,000 196.9% 1.3%
UNIVERSAL LENDING CORPORATION $6,115,000 $4,395,000 -28.1% 1.1%
First Interstate Bank $7,800,000 $4,185,000 -46.3% 1.1%
NORTHMARQ CAPITAL FINANCE, L.L.C. $3,905,000 n/a 1.0%
FREEDOM MORTGAGE CORPORATION $7,135,000 $3,665,000 -48.6% 1.0%
USAA Federal Savings Bank $9,025,000 $3,340,000 -63.0% 0.9%
Wells Fargo Bank $17,260,000 $2,495,000 -85.5% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $3,060,000 $2,265,000 -26.0% 0.6%
CLEARWATER Federal Credit Union $245,000 $2,210,000 802.0% 0.6%
Merchants Bank $2,170,000 n/a 0.6%
GUILD MORTGAGE COMPANY $1,805,000 $2,110,000 16.9% 0.5%
BROKER SOLUTIONS, INC. $3,005,000 $2,065,000 -31.3% 0.5%
HORIZON $5,500,000 $2,065,000 -62.5% 0.5%
RUSSELL COUNTRY FCU $2,055,000 n/a 0.5%
First Montana Bank, Inc. $1,650,000 n/a 0.4%
NEW DAY FINANCIAL, LLC $2,970,000 $1,575,000 -47.0% 0.4%
LEADERONE FINANCIAL CORPORATION $880,000 $1,560,000 77.3% 0.4%
UNION HOME MORTGAGE CORP. $1,525,000 n/a 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $485,000 $1,430,000 194.8% 0.4%
The Federal Savings Bank $2,810,000 $1,330,000 -52.7% 0.3%
CHURCHILL MORTGAGE CORPORATION $875,000 $1,305,000 49.1% 0.3%
CALCON MUTUAL MORTGAGE LLC $1,280,000 n/a 0.3%
MOVEMENT MORTGAGE, LLC $305,000 $1,280,000 319.7% 0.3%
Arbor Realty Trust, Inc. $1,255,000 n/a 0.3%
Paramount Residential Mortgage Group, Inc. $5,525,000 $1,190,000 -78.5% 0.3%
BMO Harris Bank $1,070,000 n/a 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $1,760,000 $1,055,000 -40.1% 0.3%
LOANDEPOT.COM, LLC $5,545,000 $990,000 -82.1% 0.3%
LAKEVIEW LOAN SERVICING, LLC $1,995,000 $940,000 -52.9% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $2,180,000 $880,000 -59.6% 0.2%
ZILLOW HOME LOANS, LLC $285,000 $855,000 200.0% 0.2%
JPMorgan Chase Bank $1,665,000 $700,000 -58.0% 0.2%
AMERICAN FINANCING CORPORATION $1,885,000 $650,000 -65.5% 0.2%
AMERISAVE MORTGAGE CORPORATION $4,215,000 $645,000 -84.7% 0.2%
Bank of America $95,000 $640,000 573.7% 0.2%
Gateway First Bank $640,000 n/a 0.2%
Arvest Bank $635,000 n/a 0.2%
M&T Bank $680,000 $615,000 -9.6% 0.2%
Carrington Mortgage Services, LLC $1,030,000 $590,000 -42.7% 0.2%
CRESCENT MORTGAGE COMPANY $2,045,000 $580,000 -71.6% 0.2%
NBKC BANK $1,010,000 $575,000 -43.1% 0.1%
VILLAGE CAPITAL MORTGAGE $750,000 $550,000 -26.7% 0.1%
The Huntington National Bank $1,280,000 $545,000 -57.4% 0.1%
CASTLE & COOKE MORTGAGE, LLC $535,000 n/a 0.1%
HOMEXPRESS MORTGAGE CORP. $525,000 n/a 0.1%
Northwest Farm Credit Services, FLCA $655,000 $520,000 -20.6% 0.1%
CARDINAL FINANCIAL $740,000 $510,000 -31.1% 0.1%
RELIANCE FIRST CAPITAL, LLC $225,000 $500,000 122.2% 0.1%
Unify Home Lending Inc. $85,000 $470,000 452.9% 0.1%
Figure Lending LLC $105,000 $450,000 328.6% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,360,000 $405,000 -70.2% 0.1%
LENOX FINANCIAL MORTGAGE CORPORATION $405,000 n/a 0.1%
CHERRY CREEK MORTGAGE, LLC $920,000 $375,000 -59.2% 0.1%
Sierra Pacific Mortgage Company, Inc. $410,000 $375,000 -8.5% 0.1%
Ally Bank $985,000 $365,000 -62.9% 0.1%
Meridian Bank Corporation $205,000 $365,000 78.0% 0.1%
BETTER MORTGAGE CORPORATION $1,230,000 $360,000 -70.7% 0.1%
COLUMBIA COMMUNITY CREDIT UNION $355,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $335,000 $345,000 3.0% 0.1%
Citizens Bank $985,000 $325,000 -67.0% 0.1%
FIRST COLONY MORTGAGE CORPORATION $315,000 n/a 0.1%
Commerce Home Mortgage, Inc. $305,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $195,000 $285,000 46.2% 0.1%
Northpointe Bank $285,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $770,000 $285,000 -63.0% 0.1%
SUMMIT FUNDING, INC. $225,000 $285,000 26.7% 0.1%
Barrington Bank & Trust Company, N.A. $1,270,000 $275,000 -78.3% 0.1%
PREMIA MORTGAGE, LLC $275,000 n/a 0.1%
CMG MORTGAGE, INC. $135,000 $265,000 96.3% 0.1%
Sunflower Bank $455,000 $265,000 -41.8% 0.1%
ACADEMY MORTGAGE CORPORATION $610,000 $255,000 -58.2% 0.1%
AMERICAN INTERNET MORTGAGE, INC. $255,000 n/a 0.1%
Equity Prime Mortgage LLC $535,000 $255,000 -52.3% 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $255,000 n/a 0.1%
Nations Lending Corporation $255,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $255,000 n/a 0.1%
NEWREZ LLC $1,790,000 $250,000 -86.0% 0.1%
PACIFIC RESIDENTIAL MORTGAGE, LLC $470,000 $245,000 -47.9% 0.1%
Stifel Bank and Trust $580,000 $225,000 -61.2% 0.1%
The Central Trust Bank $460,000 $225,000 -51.1% 0.1%
CITY FIRST MORTGAGE SERVICES, L.L.C. $215,000 n/a 0.1%
DOMINION FINANCIAL SERVICES, LLC $205,000 n/a 0.1%
Willamette Valley Bank $205,000 n/a 0.1%
Meridian Trust Federal Credit Union $195,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $185,000 n/a 0.0%
OCMBC, INC. $185,000 n/a 0.0%
ARC HOME LLC $165,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $345,000 $165,000 -52.2% 0.0%
CORNERSTONE HOME LENDING, INC. $510,000 $155,000 -69.6% 0.0%
Discover Bank $345,000 $155,000 -55.1% 0.0%
Axos Bank $135,000 n/a 0.0%
First Financial Bank $135,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $125,000 n/a 0.0%
First National Bank and Trust Company $125,000 n/a 0.0%
Truist $965,000 $125,000 -87.0% 0.0%
HOMESIDE FINANCIAL, LLC $115,000 n/a 0.0%
First International Bank & Trust $235,000 $105,000 -55.3% 0.0%
21ST MORTGAGE CORPORATION $235,000 $55,000 -76.6% 0.0%
Service Federal Credit Union $55,000 n/a 0.0%
NORTHROP GRUMMAN Federal Credit Union $45,000 n/a 0.0%
SPRING EQ, LLC $130,000 $45,000 -65.4% 0.0%
TRIAD FINANCIAL SERVICES, INC. $105,000 $25,000 -76.2% 0.0%

GREAT FALLS's top lender by overall market share is Stockman Bank of Montana, with 21.7% market share. In second place, with 8.8%, is Opportunity Bank of Montana, having originated $33,885,000 in loans. In third place, with 8.2%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $31,400,000 in loans. In fourth place, with 6.0%, is Glacier Bank, having originated $23,275,000 in loans. In fifth place, with 5.1%, is MANN FINANCIAL INC., having originated $19,515,000 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 $234,700 (11.8%) $296,383 (11.0%) 0.00 335
2018-08-01 $229,900 (17.3%) $288,645 (12.6%) 0.00 355
2018-09-01 $225,000 (12.6%) $287,677 (10.5%) 0.00 380
2018-10-01 $224,600 (4.5%) $282,946 (2.9%) 0.00 371
2018-11-01 $223,600 (6.5%) $280,812 (0.0%) 0.00 347
2018-12-01 $219,900 (4.7%) $279,597 (-1.0%) 0.00 323
2019-01-01 $217,450 (0.7%) $283,616 (-1.4%) 0.00 283
2019-02-01 $219,900 (4.1%) $281,624 (-0.7%) 0.00 278
2019-03-01 $237,043 (5.4%) $292,032 (-0.9%) 0.00 258
2019-04-01 $254,593 (19.8%) $299,718 (4.2%) 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 (2.2%) $308,302 (4.0%) 0.00 343
2019-08-01 $237,068 (3.1%) $304,042 (5.3%) 0.00 335
2019-09-01 $232,670 (3.4%) $295,696 (2.8%) 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 (3.8%) 0.00 196
2020-03-01 $233,675 (-1.4%) $291,260 (-0.3%) 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 $288,500 (13.4%) $454,496 (32.5%) 0.00 112
2021-09-01 $312,425 (17.1%) $498,728 (35.9%) 0.00 92
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 (43.0%) $564,773 (24.3%) 0.00 128
2022-09-01 $411,000 (31.6%) $536,326 (7.5%) 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 $372,000 (-5.6%) $628,776 (16.6%) 0.00 74
2023-06-01 $408,250 (7.4%) $695,472 (32.5%) 0.00 78
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
2023-09-01 $454,500 (10.6%) $619,208 (15.5%) 0.00 106
2023-10-01 $421,500 (-4.0%) $591,041 (8.9%) 0.00 126
2023-11-01 $388,450 (-11.5%) $560,579 (-3.0%) 0.00 139
2023-12-01 $394,900 (-2.5%) $553,634 (-0.7%) 0.00 136
2024-01-01 $382,500 (-6.4%) $547,571 (-4.4%) 0.00 122
2024-02-01 $399,000 (-3.1%) $543,829 (-10.3%) 0.00 102
2024-03-01 $375,000 (-7.5%) $545,691 (-13.9%) 0.00 99
2024-04-01 $386,175 (-14.2%) $577,303 (-8.2%) 0.00 112
2024-05-01 $384,900 (3.5%) $586,385 (-6.7%) 0.00 139
2024-06-01 $409,900 (0.4%) $648,648 (-6.7%) 0.00 152
GREAT FALLS's median listing price for 2024-06-01 was $409,900, a difference of $1,650 (0.4%) versus the prior year and $25,000 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 2024-06-01 was $648,648, a difference of $-46,824 (-6.7%) versus the prior year and $62,263 versus the prior month.

For the 2024-06-01 period, GREAT FALLS had 152 MLS listings, a difference of 13 listings (9%) versus the prior month and 74 listings (95%) 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 2,144 sqft
2018-08-01 0 days 2,140 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 2,011 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 2,043 sqft
2023-06-01 0 days 2,216 sqft
2023-07-01 0 days 2,104 sqft
2023-08-01 0 days 2,120 sqft
2023-09-01 0 days 2,344 sqft
2023-10-01 0 days 2,266 sqft
2023-11-01 0 days 2,228 sqft
2023-12-01 0 days 2,247 sqft
2024-01-01 0 days 1,944 sqft
2024-02-01 0 days 2,118 sqft
2024-03-01 0 days 2,072 sqft
2024-04-01 0 days 2,113 sqft
2024-05-01 0 days 2,074 sqft
2024-06-01 0 days 2,165 sqft
GREAT FALLS's median listing age (time on market) for 2024-06-01 was 0 days.

GREAT FALLS's median square footage for active listings during the 2024-06-01 period was 2,165 sqft. One year prior, the average listing was 2,216 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 MSA $600 $630 $830 $1,170 $1,310
59403 Great Falls, MT MSA $660 $700 $910 $1,290 $1,440
59404 Great Falls, MT MSA $690 $730 $950 $1,340 $1,500
59405 Great Falls, MT MSA $660 $700 $910 $1,290 $1,440
59406 Great Falls, MT MSA $660 $700 $910 $1,290 $1,440
59412 Great Falls, MT MSA $690 $730 $950 $1,340 $1,500
59414 Great Falls, MT MSA $600 $630 $830 $1,170 $1,310
59421 Great Falls, MT MSA $600 $630 $830 $1,170 $1,310
59436 Great Falls, MT MSA $660 $700 $910 $1,290 $1,440
59440 Great Falls, MT MSA $660 $700 $910 $1,290 $1,440
59443 Great Falls, MT MSA $660 $700 $910 $1,290 $1,440
59463 Great Falls, MT MSA $660 $700 $910 $1,290 $1,440
59465 Great Falls, MT MSA $660 $700 $910 $1,290 $1,440
59468 Great Falls, MT MSA $710 $740 $970 $1,370 $1,530
59472 Great Falls, MT MSA $680 $710 $930 $1,310 $1,470
59477 Great Falls, MT MSA $660 $700 $910 $1,290 $1,440
59480 Great Falls, MT MSA $670 $710 $920 $1,300 $1,460
59483 Great Falls, MT MSA $640 $680 $890 $1,250 $1,400
59485 Great Falls, MT MSA $620 $660 $860 $1,210 $1,360
59487 Great Falls, MT MSA $640 $670 $880 $1,240 $1,390

2022 Average & Median Rent Data Statistics
GREAT FALLS, MT average 1BR rent: $691, median: $700
GREAT FALLS, MT average 2BR rent: $902, median: $910
GREAT FALLS, MT average 3BR rent: $1,274, median: $1,290

GREAT FALLS, MT Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 999 $281,005,000 $281,286
Cash Out Refi 195 $37,625,000 $192,949
Home Improvement 142 $30,480,000 $214,648
Refi 137 $26,685,000 $194,781
Other 110 $9,200,000 $83,636

Great Falls's most frequently cited loan purpose was Home Purchase, with 999 originations. The 2nd most popular reason was Cash Out Refi, with 195 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 516 $150,670,000 $291,996
5-6% 404 $100,630,000 $249,084
7-8% 295 $68,075,000 $230,763
Over 8% 231 $22,985,000 $99,502
4-5% 34 $20,710,000 $609,118
<2.5% 11 $695,000 $63,182
3-4% 9 $2,345,000 $260,556
2.5-3% 2 $580,000 $290,000

During 2023, Great Falls's most frequently originated rate bucket was 6-7%, with 516 originations.

Loan Sizing (GREAT FALLS, MT MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 708 $199,750,000 $282,133
$100,000 or less 373 $17,115,000 $45,885
$100k-200k 328 $50,510,000 $153,994
$400k-600k 132 $62,250,000 $471,591
$600k-1000k 35 $24,725,000 $706,429
$Over $1MM 7 $30,645,000 $4,377,857

GREAT FALLS's loan sizing saw the bucket of loans from $200k-400k with 708 originations, totaling $199,750,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 578 $171,970,000 $297,526
60-80% 282 $94,960,000 $336,738
Under 20% 257 $10,165,000 $39,553
20-40% 158 $18,740,000 $118,608
Over 100% 112 $38,620,000 $344,821
40-60% 111 $31,195,000 $281,036

GREAT FALLS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 578 originations, totaling $171,970,000 in origination value.