Cut Bank, MT housing market
The typical Cut Bank home is worth about $170,000, down 2.1% in a year, 64% below the Montana typical home.
Home values, sales, trends and how Cut Bank compares with the towns next door — updated as new data is published.
Cut Bank at a glance
Typical home value, 2016–2026
Show as a table
| January | Cut Bank | Montana |
|---|---|---|
| 2017 | $102,000 | $233,000 |
| 2018 | $96,000 | $248,000 |
| 2019 | $96,000 | $262,000 |
| 2020 | $95,000 | $277,000 |
| 2021 | $100,000 | $318,000 |
| 2022 | $126,000 | $406,000 |
| 2023 | $152,000 | $434,000 |
| 2024 | $164,000 | $447,000 |
| 2025 | $178,000 | $464,000 |
| 2026 | $171,000 | $468,000 |
| August 2026 | $170,000 | $472,000 |
No new homes permitted in 2025
No permits for new homes were issued in Cut Bank in 2025. The last year with any was 2014 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Cut Bank gained 187 residents while 22 new homes were permitted: about 8.5 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Montana: 2.4 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 1 | 1 | 0 | $275,000 |
| 2013 | 9 | 1 | 8 | $502,000 |
| 2012 | 7 | 1 | 6 | $414,000 |
| 2011 | 4 | 0 | 4 | $250,000 |
| 2010 | 1 | 1 | 0 | $130,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $150,000 |
| 2007 | 1 | 1 | 0 | $150,000 |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 1 | 1 | 0 | $70,000 |
Cut Bank's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
How Cut Bank ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Cut Bank and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Cut Bank | $170K | −2.1% | $1,340 | 0 | $49,432 |
| Little Browning | — | −1.7%† | $1,340 | — | $26,563 |
† FHFA price index change, where Zillow has no home value for the town.
3.4 years of income
The typical Cut Bank home costs about 3.4 years of the town's median household income, less than across Montana (6.5 years).
How Cut Bank ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,340
HUD's Fair Market Rent for a two-bedroom in Cut Bank is $1,340 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cut Bank pay a median of $988, so moving in tends to cost more than staying put. A two-bedroom takes about 33% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,000 · 4 bedrooms $1,930
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (59427; Glacier County, MT), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.