Market Overview
Home Prices in Forsyth, MT
The median home value in Forsyth, MT is $232,421 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Forsyth are priced43% below average.
Over the past five years, Forsyth home values have risen by approximately32.7%, reflecting strong long-term appreciation in this market.
Price History
Forsyth Home Price Trend
2020
$144,670
$145K
—
2021
$175,102
$175K
+21.0%
2022
$214,451
$214K
+22.5%
2023
$219,296
$219K
+2.3%
2024
$219,744
$220K
+0.2%
2025
$228,957
$229K
+4.2%
2026
$232,421
$232K
+1.5%
City Comparison
Forsyth vs. National Median
🏠 Forsyth
$232,421
National Median
$410,000
At $232,421, homes in Forsyth cost 43% below the national median of $410,000. This makes Forsyth a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Forsyth?
20% Down Payment
$46,484
on $232,421
Monthly P&I
$1,212/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,539/mo
incl. taxes & insurance
Income Needed
$61,560
gross annual (30% rule)
10% Down Option
$23,242
+ PMI applies
Loan Amount (20% dn)
$185,937
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 Forsyth, MT?
The median home value in Forsyth is $232,421 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Forsyth?
Over the past year, home values in Forsyth have increased by 1.5%. Over five years, prices have risen approximately 32.7%.
How much do I need to earn to buy a home in Forsyth?
To comfortably afford the median home price of $232,421 with a 20% down payment ($46,484) at today's rates (6.8%), you'd need a gross annual income of approximately $61,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Forsyth compare to the national average home price?
The national median home value is approximately $410,000. At $232,421, homes in Forsyth are 43% below the national average.