2024 Real Estate Market In Review

In 2024, the Flathead Valley in Montana witnessed a dynamic real estate market, with significant fluctuations in home prices across its cities. Whitefish emerged as the most expensive city in the region, with a median listing home price of $1.3 million.

Because we are a non-disclosure state, specific details about the most expensive home sold in the Flathead Valley in 2024 is not something I can make publicly available, but I can tell you that the region's luxury real estate market has been notably active. High-end properties, especially those in desirable locations like Whitefish, have attracted significant attention from buyers seeking luxury living amidst Montana's natural beauty.

The overall housing market in Flathead County has experienced varied trends. In October 2024, the median sale price of a home was $645,000, reflecting a slight decrease of 0.78% compared to the previous year. These homes tended to be modest but comfortable for the average buyer. Homes in the county typically spent an average of 97 days on the market, indicating a moderate pace in property transactions.

It's important to note that while median prices provide a general overview, individual property sales, especially in the luxury segment, can vary significantly based on factors such as location, acreage, amenities, and unique features. The Flathead Valley continues to be a sought-after destination for luxury real estate, with properties offering expansive views, proximity to recreational activities, and a serene lifestyle.

In all, the MLS recorded 43 sales over $3,000,000 and up to $15,000,000 in 2024.  32 of those homes were in Whitefish, 7 in Bigfork, 1 in Lakeside, 2 in Kalispell, and 1 in Kila. The top 2 sales were sold in Whitefish with Bigfork holding the 3rd highest sale in the Flathead Valley for 2024 (all sales over $10,000,000). 

Beyond its vibrant real estate market, the Flathead Valley is renowned for its breathtaking natural beauty. Surrounded by majestic mountains, pristine lakes, and lush forests, the region offers a peaceful retreat from urban life. Owning a luxury home here means enjoying unparalleled access to outdoor activities like hiking, boating, skiing, and wildlife watching. The area's stunning landscapes not only add to the value of the properties but also enhance the quality of life, making every moment spent here a rejuvenating experience.