Market Overview
Home Prices in Baker, MT
The median home value in Baker, MT is $193,218 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and up 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Baker are priced53% below average.
Over the past five years, Baker home values have risen by approximately1.7%, reflecting modest growth in this market.
Price History
Baker Home Price Trend
2020
$155,040
$155K
—
2021
$190,037
$190K
+22.6%
2022
$209,071
$209K
+10.0%
2023
$193,408
$193K
-7.5%
2024
$173,603
$174K
-10.2%
2025
$182,546
$183K
+5.2%
2026
$193,218
$193K
+5.8%
City Comparison
Baker vs. National Median
🏠 Baker
$193,218
National Median
$410,000
At $193,218, homes in Baker cost 53% below the national median of $410,000. This makes Baker a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Baker?
20% Down Payment
$38,644
on $193,218
Monthly P&I
$1,008/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,280/mo
incl. taxes & insurance
Income Needed
$51,200
gross annual (30% rule)
10% Down Option
$19,322
+ PMI applies
Loan Amount (20% dn)
$154,574
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Baker, MT?
The median home value in Baker is $193,218 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Baker?
Over the past year, home values in Baker have increased by 5.8%. Over five years, prices have risen approximately 1.7%.
How much do I need to earn to buy a home in Baker?
To comfortably afford the median home price of $193,218 with a 20% down payment ($38,644) at today's rates (6.8%), you'd need a gross annual income of approximately $51,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Baker compare to the national average home price?
The national median home value is approximately $410,000. At $193,218, homes in Baker are 53% below the national average.