Market Overview
Home Prices in Philipsburg, MT
The median home value in Philipsburg, MT is $471,034 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Philipsburg are priced15% above average.
Over the past five years, Philipsburg home values have risen by approximately30.9%, reflecting strong long-term appreciation in this market.
Price History
Philipsburg Home Price Trend
2020
$265,674
$266K
—
2021
$359,893
$360K
+35.5%
2022
$470,937
$471K
+30.9%
2023
$442,003
$442K
-6.1%
2024
$441,582
$442K
-0.1%
2025
$461,304
$461K
+4.5%
2026
$471,034
$471K
+2.1%
City Comparison
Philipsburg vs. National Median
🏠 Philipsburg
$471,034
National Median
$410,000
At $471,034, homes in Philipsburg cost 15% above the national median of $410,000. Buyers in Philipsburg should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Philipsburg?
20% Down Payment
$94,207
on $471,034
Monthly P&I
$2,457/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,120/mo
incl. taxes & insurance
Income Needed
$124,800
gross annual (30% rule)
10% Down Option
$47,103
+ PMI applies
Loan Amount (20% dn)
$376,827
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 Philipsburg, MT?
The median home value in Philipsburg is $471,034 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Philipsburg?
Over the past year, home values in Philipsburg have increased by 2.1%. Over five years, prices have risen approximately 30.9%.
How much do I need to earn to buy a home in Philipsburg?
To comfortably afford the median home price of $471,034 with a 20% down payment ($94,207) at today's rates (6.8%), you'd need a gross annual income of approximately $124,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Philipsburg compare to the national average home price?
The national median home value is approximately $410,000. At $471,034, homes in Philipsburg are 15% above the national average.