Great Falls, Montana is a great place to live. Whether you’ve already got a job in the area or are looking for a place to raise a family or just retire, you may need to know about Great Falls, Montana real estate. The situation there is as it is around the rest of the country – in the buyer’s favor. Now is a great time to buy a home in this beautiful area of Montana.

Right now, there are about three hundred homes for sale that you can choose from in Great Falls. Overall home prices have gone up two tenths of a percentage over the past twelve months on average, which signals a housing market that’s starting to return to normal. About half of the homes that are for sale in the area are foreclosures. This isn’t good for the homeowners, but it’s great if you’re looking to get a good deal on a home in this area of Montana.

The median value of Great Falls real estate for single homes is about $170,000. There are, of course, homes that come in well below that and others that are more expensive than that. It all depends on the type of home you’re looking for and the area you’re looking in.

If you choose to live within the city limits, you might get better price options just because you won’t be looking at a lot of land. Many of the homes outside of town actually come with quite a bit of land because they are old homesteads or ranch homes. The land in Montana isn’t incredibly expensive, but it can cost a fortune to buy land that you don’t actually need. The best way to get a good deal on real estate in the area is to talk with a realtor who is familiar with the town and the market.