59808, Missoula, MT

Missoula, MT is located in the Western United States and has a population of about 120,000 people. The 59808 zip code covers a total area of about 10 square miles and has a median home price of $183,000. Home equity in this zip code is estimated to be around $130,000.

There are several factors that affect home prices in Missoula. These include local market conditions (e.g., interest rates, availability of housing), location (e.g., proximity to amenities), and the quality of the homes available for sale. Over the past few years, there have been several trends affecting home prices in Missoula:

1) Interest rates have been relatively low throughout much of the Western United States, which has made buying a home more affordable for many people. However, this low interest rate environment may be changing as interest rates rise over time.

2) There has been an increase in demand for homes in Missoula due to increasing population growth and increased job opportunities within the city limits. This increased demand has caused prices to rise faster than average across all types of homes (single family homes, condos/townhomes, etc.).

3) The number of homes available for sale has remained relatively stable over the past few years despite an increase in population growth; this indicates that there are still plenty of quality homes available for purchase at reasonable prices.