Market Overview
Home Prices in Richey, MT
The median home value in Richey, MT is $176,311 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.7% compared to a year ago and up 10.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Richey are priced57% below average.
Over the past five years, Richey home values have risen by approximately32.4%, reflecting strong long-term appreciation in this market.
Price History
Richey Home Price Trend
2020
$106,069
$106K
—
2021
$133,125
$133K
+25.5%
2022
$161,073
$161K
+21.0%
2023
$145,310
$145K
-9.8%
2024
$152,793
$153K
+5.1%
2025
$168,466
$168K
+10.3%
2026
$176,311
$176K
+4.7%
City Comparison
Richey vs. National Median
🏠 Richey
$176,311
National Median
$410,000
At $176,311, homes in Richey cost 57% below the national median of $410,000. This makes Richey a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Richey?
20% Down Payment
$35,262
on $176,311
Monthly P&I
$920/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,168/mo
incl. taxes & insurance
Income Needed
$46,720
gross annual (30% rule)
10% Down Option
$17,631
+ PMI applies
Loan Amount (20% dn)
$141,049
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 Richey, MT?
The median home value in Richey is $176,311 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.7% year-over-year.
How much have home prices changed in Richey?
Over the past year, home values in Richey have increased by 4.7%. Over five years, prices have risen approximately 32.4%.
How much do I need to earn to buy a home in Richey?
To comfortably afford the median home price of $176,311 with a 20% down payment ($35,262) at today's rates (6.8%), you'd need a gross annual income of approximately $46,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Richey compare to the national average home price?
The national median home value is approximately $410,000. At $176,311, homes in Richey are 57% below the national average.