Market Overview
Home Prices in Dillon, MT
The median home value in Dillon, MT is $400,108 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.3% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dillon are priced2% below average.
Over the past five years, Dillon home values have risen by approximately33.9%, reflecting strong long-term appreciation in this market.
Price History
Dillon Home Price Trend
2020
$246,352
$246K
—
2021
$298,903
$299K
+21.3%
2022
$369,524
$370K
+23.6%
2023
$367,605
$368K
-0.5%
2024
$380,772
$381K
+3.6%
2025
$391,092
$391K
+2.7%
2026
$400,108
$400K
+2.3%
City Comparison
Dillon vs. National Median
🏠 Dillon
$400,108
National Median
$410,000
At $400,108, homes in Dillon cost 2% below the national median of $410,000. This makes Dillon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dillon?
20% Down Payment
$80,022
on $400,108
Monthly P&I
$2,087/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,650/mo
incl. taxes & insurance
Income Needed
$106,000
gross annual (30% rule)
10% Down Option
$40,011
+ PMI applies
Loan Amount (20% dn)
$320,086
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 Dillon, MT?
The median home value in Dillon is $400,108 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.3% year-over-year.
How much have home prices changed in Dillon?
Over the past year, home values in Dillon have increased by 2.3%. Over five years, prices have risen approximately 33.9%.
How much do I need to earn to buy a home in Dillon?
To comfortably afford the median home price of $400,108 with a 20% down payment ($80,022) at today's rates (6.8%), you'd need a gross annual income of approximately $106,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Dillon compare to the national average home price?
The national median home value is approximately $410,000. At $400,108, homes in Dillon are 2% below the national average.