Market Overview
Home Prices in Cut Bank, MT
The median home value in Cut Bank, MT is $172,184 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.3% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cut Bank are priced58% below average.
Over the past five years, Cut Bank home values have risen by approximately47.5%, reflecting strong long-term appreciation in this market.
Price History
Cut Bank Home Price Trend
2020
$96,732
$97K
—
2021
$116,702
$117K
+20.6%
2022
$144,624
$145K
+23.9%
2023
$162,082
$162K
+12.1%
2024
$172,153
$172K
+6.2%
2025
$176,173
$176K
+2.3%
2026
$172,184
$172K
-2.3%
City Comparison
Cut Bank vs. National Median
🏠 Cut Bank
$172,184
National Median
$410,000
At $172,184, homes in Cut Bank cost 58% below the national median of $410,000. This makes Cut Bank a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cut Bank?
20% Down Payment
$34,437
on $172,184
Monthly P&I
$898/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,140/mo
incl. taxes & insurance
Income Needed
$45,600
gross annual (30% rule)
10% Down Option
$17,218
+ PMI applies
Loan Amount (20% dn)
$137,747
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 Cut Bank, MT?
The median home value in Cut Bank is $172,184 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.3% year-over-year.
How much have home prices changed in Cut Bank?
Over the past year, home values in Cut Bank have decreased by 2.3%. Over five years, prices have risen approximately 47.5%.
How much do I need to earn to buy a home in Cut Bank?
To comfortably afford the median home price of $172,184 with a 20% down payment ($34,437) at today's rates (6.8%), you'd need a gross annual income of approximately $45,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Cut Bank compare to the national average home price?
The national median home value is approximately $410,000. At $172,184, homes in Cut Bank are 58% below the national average.