Market Overview
Home Prices in Chinook, MT
The median home value in Chinook, MT is $221,295 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.7% compared to a year ago and up 9.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chinook are priced46% below average.
Over the past five years, Chinook home values have risen by approximately45.6%, reflecting strong long-term appreciation in this market.
Price History
Chinook Home Price Trend
2020
$126,702
$127K
—
2021
$152,039
$152K
+20.0%
2022
$189,236
$189K
+24.5%
2023
$194,200
$194K
+2.6%
2024
$203,115
$203K
+4.6%
2025
$222,865
$223K
+9.7%
2026
$221,295
$221K
-0.7%
City Comparison
Chinook vs. National Median
🏠 Chinook
$221,295
National Median
$410,000
At $221,295, homes in Chinook cost 46% below the national median of $410,000. This makes Chinook a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chinook?
20% Down Payment
$44,259
on $221,295
Monthly P&I
$1,154/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,466/mo
incl. taxes & insurance
Income Needed
$58,640
gross annual (30% rule)
10% Down Option
$22,130
+ PMI applies
Loan Amount (20% dn)
$177,036
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 Chinook, MT?
The median home value in Chinook is $221,295 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.7% year-over-year.
How much have home prices changed in Chinook?
Over the past year, home values in Chinook have decreased by 0.7%. Over five years, prices have risen approximately 45.6%.
How much do I need to earn to buy a home in Chinook?
To comfortably afford the median home price of $221,295 with a 20% down payment ($44,259) at today's rates (6.8%), you'd need a gross annual income of approximately $58,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Chinook compare to the national average home price?
The national median home value is approximately $410,000. At $221,295, homes in Chinook are 46% below the national average.