Market Overview
Home Prices in Monarch, MT
The median home value in Monarch, MT is $347,678 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 10.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Monarch are priced15% below average. Monarch is part of the Great Falls, MT metro area.
Over the past five years, Monarch home values have risen by approximately52.3%, reflecting strong long-term appreciation in this market.
Price History
Monarch Home Price Trend
City Comparison
Monarch vs. National Median
At $347,678, homes in Monarch cost 15% below the national median of $410,000. This makes Monarch a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Monarch?
20% Down Payment
$69,536
on $347,678
Monthly P&I
$1,813/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,303/mo
incl. taxes & insurance
Income Needed
$92,120
gross annual (30% rule)
10% Down Option
$34,768
+ PMI applies
Loan Amount (20% dn)
$278,142
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 Monarch, MT?
The median home value in Monarch is $347,678 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Monarch?
Over the past year, home values in Monarch have increased by 2.5%. Over five years, prices have risen approximately 52.3%.
How much do I need to earn to buy a home in Monarch?
To comfortably afford the median home price of $347,678 with a 20% down payment ($69,536) at today's rates (6.8%), you'd need a gross annual income of approximately $92,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Monarch compare to the national average home price?
The national median home value is approximately $410,000. At $347,678, homes in Monarch are 15% below the national average.
What metro area is Monarch part of?
Monarch is part of the Great Falls, MT metropolitan area. Home prices and market conditions can vary across the broader metro region.