Market Overview
Home Prices in Lewistown, MT
The median home value in Lewistown, MT is $298,702 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.1% compared to a year ago and up 9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lewistown are priced27% below average.
Over the past five years, Lewistown home values have risen by approximately58.9%, reflecting strong long-term appreciation in this market.
Price History
Lewistown Home Price Trend
2020
$154,788
$155K
—
2021
$188,021
$188K
+21.5%
2022
$230,973
$231K
+22.8%
2023
$231,706
$232K
+0.3%
2024
$253,652
$254K
+9.5%
2025
$276,360
$276K
+9.0%
2026
$298,702
$299K
+8.1%
City Comparison
Lewistown vs. National Median
🏠 Lewistown
$298,702
National Median
$410,000
At $298,702, homes in Lewistown cost 27% below the national median of $410,000. This makes Lewistown a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lewistown?
20% Down Payment
$59,740
on $298,702
Monthly P&I
$1,558/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,979/mo
incl. taxes & insurance
Income Needed
$79,160
gross annual (30% rule)
10% Down Option
$29,870
+ PMI applies
Loan Amount (20% dn)
$238,962
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 Lewistown, MT?
The median home value in Lewistown is $298,702 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.1% year-over-year.
How much have home prices changed in Lewistown?
Over the past year, home values in Lewistown have increased by 8.1%. Over five years, prices have risen approximately 58.9%.
How much do I need to earn to buy a home in Lewistown?
To comfortably afford the median home price of $298,702 with a 20% down payment ($59,740) at today's rates (6.8%), you'd need a gross annual income of approximately $79,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Lewistown compare to the national average home price?
The national median home value is approximately $410,000. At $298,702, homes in Lewistown are 27% below the national average.