Market Overview
Home Prices in Frazer, MT
The median home value in Frazer, MT is $378,459 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.7% compared to a year ago and up 10.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Frazer are priced8% below average.
Over the past five years, Frazer home values have risen by approximately43.7%, reflecting strong long-term appreciation in this market.
Price History
Frazer Home Price Trend
2020
$200,695
$201K
—
2021
$263,383
$263K
+31.2%
2022
$336,582
$337K
+27.8%
2023
$288,633
$289K
-14.2%
2024
$303,895
$304K
+5.3%
2025
$335,738
$336K
+10.5%
2026
$378,459
$378K
+12.7%
City Comparison
Frazer vs. National Median
🏠 Frazer
$378,459
National Median
$410,000
At $378,459, homes in Frazer cost 8% below the national median of $410,000. This makes Frazer a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Frazer?
20% Down Payment
$75,692
on $378,459
Monthly P&I
$1,974/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,507/mo
incl. taxes & insurance
Income Needed
$100,280
gross annual (30% rule)
10% Down Option
$37,846
+ PMI applies
Loan Amount (20% dn)
$302,767
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 Frazer, MT?
The median home value in Frazer is $378,459 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.7% year-over-year.
How much have home prices changed in Frazer?
Over the past year, home values in Frazer have increased by 12.7%. Over five years, prices have risen approximately 43.7%.
How much do I need to earn to buy a home in Frazer?
To comfortably afford the median home price of $378,459 with a 20% down payment ($75,692) at today's rates (6.8%), you'd need a gross annual income of approximately $100,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Frazer compare to the national average home price?
The national median home value is approximately $410,000. At $378,459, homes in Frazer are 8% below the national average.