Market Overview
Home Prices in Emigrant, MT
The median home value in Emigrant, MT is $797,960 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% 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 Emigrant are priced95% above average.
Over the past five years, Emigrant home values have risen by approximately22.9%, reflecting strong long-term appreciation in this market.
Price History
Emigrant Home Price Trend
2020
$498,550
$499K
—
2021
$649,300
$649K
+30.2%
2022
$829,002
$829K
+27.7%
2023
$720,021
$720K
-13.1%
2024
$733,274
$733K
+1.8%
2025
$771,051
$771K
+5.2%
2026
$797,960
$798K
+3.5%
City Comparison
Emigrant vs. National Median
🏠 Emigrant
$797,960
National Median
$410,000
At $797,960, homes in Emigrant cost 95% above the national median of $410,000. Buyers in Emigrant should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Emigrant?
20% Down Payment
$159,592
on $797,960
Monthly P&I
$4,162/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,286/mo
incl. taxes & insurance
Income Needed
$211,440
gross annual (30% rule)
10% Down Option
$79,796
+ PMI applies
Loan Amount (20% dn)
$638,368
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 Emigrant, MT?
The median home value in Emigrant is $797,960 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Emigrant?
Over the past year, home values in Emigrant have increased by 3.5%. Over five years, prices have risen approximately 22.9%.
How much do I need to earn to buy a home in Emigrant?
To comfortably afford the median home price of $797,960 with a 20% down payment ($159,592) at today's rates (6.8%), you'd need a gross annual income of approximately $211,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Emigrant compare to the national average home price?
The national median home value is approximately $410,000. At $797,960, homes in Emigrant are 95% above the national average.