Market Overview
Home Prices in Wise River, MT
The median home value in Wise River, MT is $638,217 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wise River are priced56% above average.
Over the past five years, Wise River home values have risen by approximately55.2%, reflecting strong long-term appreciation in this market.
Price History
Wise River Home Price Trend
2020
$316,701
$317K
—
2021
$411,150
$411K
+29.8%
2022
$544,383
$544K
+32.4%
2023
$524,303
$524K
-3.7%
2024
$589,698
$590K
+12.5%
2025
$624,801
$625K
+6.0%
2026
$638,217
$638K
+2.1%
City Comparison
Wise River vs. National Median
🏠 Wise River
$638,217
National Median
$410,000
At $638,217, homes in Wise River cost 56% above the national median of $410,000. Buyers in Wise River should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Wise River?
20% Down Payment
$127,643
on $638,217
Monthly P&I
$3,329/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,228/mo
incl. taxes & insurance
Income Needed
$169,120
gross annual (30% rule)
10% Down Option
$63,822
+ PMI applies
Loan Amount (20% dn)
$510,574
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 Wise River, MT?
The median home value in Wise River is $638,217 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 Wise River?
Over the past year, home values in Wise River have increased by 2.1%. Over five years, prices have risen approximately 55.2%.
How much do I need to earn to buy a home in Wise River?
To comfortably afford the median home price of $638,217 with a 20% down payment ($127,643) at today's rates (6.8%), you'd need a gross annual income of approximately $169,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Wise River compare to the national average home price?
The national median home value is approximately $410,000. At $638,217, homes in Wise River are 56% above the national average.