Montana's population boom, driven by out-of-state cash buyers and remote work opportunities, has resulted in home prices rising 85% over five years, outpacing all states.
We have a ton of out-of-staters moving in and a lot of cash buyers, says Kristen Campbell, emphasizing that many newcomers have the financial means to compete in the local market.
It's really a year-round travel destination, says Nick Zimmer, highlighting how Montana's natural beauty and outdoor activities appeal to new residents all year round.
From 2010 to 2020, Montana's population grew by nearly 10%, but housing construction failed to keep pace, indicating a significant demand versus supply issue in the housing market.
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