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Real Estate Market Trends

Flathead Valley median home costs per foot, by city

Back in early April, we presented a chart with a line for each major Flathead city, depicting the median per square foot sale pricing over the past 12 months. Let’s update the chart (August 1, 2019 thru July 31, 2020), marked for $50,000 original list price ranges (see chart). I included in my analysis single-family residences, with 2+ beds, 1+ baths, total square feet from 900 to 5,000, and original list prices from $250,000 to $649,999.

Polson is usually cheapest, but as it also has some prime lakefront and lake views, sometimes it overshoots even Whitefish. Kalispell was amazingly consistent (between $160 and $180). For ranges $250,000 through $499,999, Kalispell, Columbia Falls and Bigfork all stayed within about a $20 per-foot range. Within the $250,000 to $299,999 range, Whitefish, Kalispell, Columbia Falls and Bigfork were all within $20/ft of each other. Whitefish was the highest, in all but two ranges. Lakeside surprises with affordability, among the cheapest two cities for five of the ranges.

Richard Dews is CEO of Glacier Flathead Real Estate, a Flathead-based real estate software and services company.