Market Overview
Home Prices in Ryegate, MT
The median home value in Ryegate, MT is $237,481 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.9% compared to a year ago and up 6.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ryegate are priced42% below average.
Over the past five years, Ryegate home values have risen by approximately31.4%, reflecting strong long-term appreciation in this market.
Price History
Ryegate Home Price Trend
2020
$147,443
$147K
—
2021
$180,732
$181K
+22.6%
2022
$223,873
$224K
+23.9%
2023
$194,679
$195K
-13.0%
2024
$207,409
$207K
+6.5%
2025
$220,046
$220K
+6.1%
2026
$237,481
$237K
+7.9%
City Comparison
Ryegate vs. National Median
🏠 Ryegate
$237,481
National Median
$410,000
At $237,481, homes in Ryegate cost 42% below the national median of $410,000. This makes Ryegate a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ryegate?
20% Down Payment
$47,496
on $237,481
Monthly P&I
$1,239/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,574/mo
incl. taxes & insurance
Income Needed
$62,960
gross annual (30% rule)
10% Down Option
$23,748
+ PMI applies
Loan Amount (20% dn)
$189,985
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 Ryegate, MT?
The median home value in Ryegate is $237,481 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.9% year-over-year.
How much have home prices changed in Ryegate?
Over the past year, home values in Ryegate have increased by 7.9%. Over five years, prices have risen approximately 31.4%.
How much do I need to earn to buy a home in Ryegate?
To comfortably afford the median home price of $237,481 with a 20% down payment ($47,496) at today's rates (6.8%), you'd need a gross annual income of approximately $62,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Ryegate compare to the national average home price?
The national median home value is approximately $410,000. At $237,481, homes in Ryegate are 42% below the national average.