March 2025 Real Estate Market Report for Flathead County, Montana

As we step into Spring, the Flathead Valley, Montana real estate market reveals a mix of rising prices, shifting inventory, and changing buyer behavior. By comparing year-over-year trends from March 2024 to March 2025, we’re seeing clear signals of how each community is performing - some heating up, others cooling off.

Let’s dive into the numbers and what they mean for buyers and sellers in today’s local market:

Days on Market - Year to Year (comparing March 2025 to March 2024)

One of the clearest trends in March 2025 is that homes are taking longer to sell in most areas of Northwest Montana, except for a surprise standout.

  • Bigfork: Jumped from 137 days in March 2024 → 240 days in March 2025

  • Whitefish: Rose from 120 in March 2024 → 202 days in March 2025

  • Kalispell: Stayed relatively stable

  • Lakeside: Dramatically improved from 123 in March 2024 → 67 days in March 2025

Overall trend: Homes are sitting on the market longer across the Flathead Valley - with the exception of Lakeside, where homes are moving much faster than last year. This could point to stronger buyer demand or more competitive pricing in that area.

Average Sales Price - Year to Year (comparing March 2025 to March 2024)

The pricing data this month is eye-catching, especially in a couple of key areas.

  • Bigfork: Exploded from $501,667 in March 2024 → $1,282,438 in March 2025

  • Columbia Falls: Surged from $537,800 in March 2024 → $737,373 in March 2025

  • Lakeside: Dipped slightly from $1,095,667 in March 2024 → $960,000 in March 2025

Other areas - including Kalispell and Whitefish - posted moderate to strong gains, keeping pace with a market still appreciating.

Overall trend: Home prices are up across Flathead County, Montana, with Bigfork and Columbia Falls leading the charge. This could reflect increased demand, a shift toward luxury inventory, or sellers capitalizing on low supply.

Number of Closed Sales - Year to Year (comparing March 2025 to March 2024)

Despite rising prices, buyer activity has slowed in most areas.

  • Flathead County (overall): Dropped from 116 in March 2024 → 92 closed sales in March 2025

  • Kalispell: Fell from 72 in March 2024 → 50 sales in March 2025

  • Bigfork: Increased slightly from 6 in March 2024 → 8 in March 2025

  • Columbia Falls: Also saw a minor bump

Overall trend: Most areas are seeing fewer closed sales, despite rising prices. This could reflect growing affordability challenges, interest rate sensitivity, or buyer caution as we head into the busy season.

Market Outlook

As we move deeper into Spring, we’re seeing a more nuanced picture of the Flathead Valley real estate market:

  • Sellers: Now is the time to be strategic. Price competitively, prepare your home to show well, and work with a Realtor who understands local trends. Buyers are still active - but they’re being choosy.

  • Buyers: While inventory is sitting longer in some areas, prices are rising in others. This is a market where knowledge, timing, and negotiation matter more than ever. There may be opportunities, especially where days on market are climbing and seller motivation is rising.

Thinking of Buying or Selling in 2025?

Whether you're dreaming of a lakefront property in Lakeside, a mountain retreat in Whitefish, or a cozy home in Kalispell, I'm here to guide you every step of the way.

Let’s talk about your real estate goals and make a game plan that fits your timeline and budget. I’ll help you navigate today’s shifting market with confidence.

Contact me today and let’s get started.

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February 2025 Real Estate Market Report for Flathead County, Montana