The average Montana home costs $464K, up nearly 18% from the previous year and more expensive than the average American home, which is worth $365K.
Additionally, Montana residents spend an average of $1,135 monthly on mortgage payments. Although price is important when buying a home, you also need to consider other factors, such as mortgage terms.
Understanding the homebuying process will help you complete the mortgage application, seal the deal and stay out of serious debt. MoneyGeek covers the fundamentals for Montana homebuyers in this guide.