Market Overview
Home Prices in Nye, MT
The median home value in Nye, MT is $570,501 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 15.9% compared to a year ago and up 7.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Nye are priced39% above average. Nye is part of the Billings, MT metro area.
Over the past five years, Nye home values have risen by approximately52.8%, reflecting strong long-term appreciation in this market.
Price History
Nye Home Price Trend
2020
$299,955
$300K
—
2021
$373,445
$373K
+24.5%
2022
$457,366
$457K
+22.5%
2023
$422,612
$423K
-7.6%
2024
$458,469
$458K
+8.5%
2025
$492,327
$492K
+7.4%
2026
$570,501
$571K
+15.9%
City Comparison
Nye vs. National Median
🏠 Nye
$570,501
National Median
$410,000
At $570,501, homes in Nye cost 39% above the national median of $410,000. Buyers in Nye should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Nye?
20% Down Payment
$114,100
on $570,501
Monthly P&I
$2,975/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,778/mo
incl. taxes & insurance
Income Needed
$151,120
gross annual (30% rule)
10% Down Option
$57,050
+ PMI applies
Loan Amount (20% dn)
$456,401
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 Nye, MT?
The median home value in Nye is $570,501 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 15.9% year-over-year.
How much have home prices changed in Nye?
Over the past year, home values in Nye have increased by 15.9%. Over five years, prices have risen approximately 52.8%.
How much do I need to earn to buy a home in Nye?
To comfortably afford the median home price of $570,501 with a 20% down payment ($114,100) at today's rates (6.8%), you'd need a gross annual income of approximately $151,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Nye compare to the national average home price?
The national median home value is approximately $410,000. At $570,501, homes in Nye are 39% above the national average.
What metro area is Nye part of?
Nye is part of the Billings, MT metropolitan area. Home prices and market conditions can vary across the broader metro region.