Housing · Plentywood

Plentywood, MT housing market

The typical Plentywood home is worth about $172,000, up 11.4% in a year, 64% below the Montana typical home.

Home values, sales, trends and how Plentywood compares with the towns next door — updated as new data is published.

The market right now

Plentywood at a glance

Typical home value
$172K
▲ 11.4% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

PlentywoodMontana
$50K$100K$150K$200K$250K$300K$350K$400K$450K$500K 20182020202220242026 Plentywood $172K Montana $472K
Show as a table
JanuaryPlentywoodMontana
2017$92,000$233,000
2018$95,000$248,000
2019$96,000$262,000
2020$111,000$277,000
2021$129,000$318,000
2022$154,000$406,000
2023$163,000$434,000
2024$159,000$447,000
2025$156,000$464,000
2026$160,000$468,000
August 2026$172,000$472,000
New construction

No new homes permitted in 2025

No permits for new homes were issued in Plentywood in 2025. The last year with any was 2023 (2 new homes).

New homes, 2025
0
0 in 2024
2026 so far
0
Jan–Aug
Single-familyTwo or more homes per building2026 so far
0102030 2000: 0 homes 2000 2001: 2 homes 2002: 0 homes 2003: 0 homes 2004: 0 homes 2005: 0 homes 2005 2006: 0 homes 2007: 0 homes 2008: 2 homes 2009: 1 home 2010: 1 home 2010 2011: 5 homes 2012: 28 homes (6 single-family, 22 in buildings with 2+ homes) 2013: 4 homes 2014: 2 homes 2015: 1 home 2015 2016: 2 homes 2017: 0 homes 2018: 0 homes 2019: 0 homes 2020: 0 homes 2020 2021: 0 homes 2022: 0 homes 2023: 2 homes 2024: 0 homes 2025: 0 homes 2025 2026 so far: 0 homes

Homes vs. people, 2010–2020

Residents−65
New homes+43

Between the 2010 and 2020 censuses, Plentywood's population fell by 65 even though 43 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 18% of Plentywood's homes are seasonal or vacation homes, which adds housing without adding residents. 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
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023220$764,000
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016220$575,000
2015110$292,000
2014220$510,000
2013440$916,000
201228622$3.4 million
2011550$1.1 million
2010110$209,000
2009110$229,000
2008220$440,000
2007000—
2006000—
2005000—
2004000—
2003000—
2002000—
2001220$305,000
2000000—

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

2.5 years of income

The typical Plentywood home costs about 2.5 years of the town's median household income, less than across Montana (6.5 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
66.9%
Montana: 69.2%
Median tax bill
$1,670
Montana: $2,693
Median rent
$760
Montana: $1,081
Typical home built
1961
Montana: 1981

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,080

HUD's Fair Market Rent for a two-bedroom in Plentywood is $1,080 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Plentywood pay a median of $760, so moving in tends to cost more than staying put. A two-bedroom takes about 19% of the town's median household income.

1 bedroom
$880
a month, with utilities
2 bedrooms
$1,080
a month, with utilities
3 bedrooms
$1,500
a month, with utilities
Share of income
19%
2 bedrooms ÷ median income

Studio $810 · 4 bedrooms $1,610

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (59254; Sheridan 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.

The coffee’s on

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01