Market Overview
Home Prices in Libby, MT
The median home value in Libby, MT is $350,840 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Libby are priced14% below average.
Over the past five years, Libby home values have risen by approximately45.2%, reflecting strong long-term appreciation in this market.
Price History
Libby Home Price Trend
2020
$181,420
$181K
—
2021
$241,618
$242K
+33.2%
2022
$316,383
$316K
+30.9%
2023
$323,807
$324K
+2.3%
2024
$345,822
$346K
+6.8%
2025
$357,917
$358K
+3.5%
2026
$350,840
$351K
-2.0%
City Comparison
Libby vs. National Median
🏠 Libby
$350,840
National Median
$410,000
At $350,840, homes in Libby cost 14% below the national median of $410,000. This makes Libby a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Libby?
20% Down Payment
$70,168
on $350,840
Monthly P&I
$1,830/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,324/mo
incl. taxes & insurance
Income Needed
$92,960
gross annual (30% rule)
10% Down Option
$35,084
+ PMI applies
Loan Amount (20% dn)
$280,672
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 Libby, MT?
The median home value in Libby is $350,840 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2% year-over-year.
How much have home prices changed in Libby?
Over the past year, home values in Libby have decreased by 2%. Over five years, prices have risen approximately 45.2%.
How much do I need to earn to buy a home in Libby?
To comfortably afford the median home price of $350,840 with a 20% down payment ($70,168) at today's rates (6.8%), you'd need a gross annual income of approximately $92,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Libby compare to the national average home price?
The national median home value is approximately $410,000. At $350,840, homes in Libby are 14% below the national average.