Montana Commercial Real Estate Market Report

As of September 2026 · 865 active listings across 140 cities

Active listings
865
For sale
865
Median asking price
$660K
Avg. advertised cap rate
6.71%
New in last 30 days
0
Submarkets
140
Inventory by property type
  • Land414 · 48%
  • Multifamily145 · 17%
  • Mixed Use143 · 17%
  • Retail61 · 7%
  • Office31 · 4%
  • Industrial29 · 3%
  • Business for Sale19 · 2%
  • Special Purpose13 · 2%
Asking price distribution (for sale)
Low $30KMedian $660KHigh $40M

Based on 713 listings that publish an asking price.

Recent market activity
  • New in last 30 days0
  • New in last 90 days865
  • Sold or leased (180 days)1

Market analysis — September 2026

Commrty is tracking 865 active commercial real estate listings in Montana. The deepest inventory sits in land (414), multifamily (145), mixed use (143).

Across listings that disclose pricing, the median asking price is $660K, the median advertised cap rate is 6.71%.

0 listings were added in the last 30 days and 865 in the last 90, a rough read on how quickly inventory is turning over in this market.

Figures are computed from active listings published on Commrty as of September 2026 and describe listed inventory, not the entire market.