Fallon County, Montana home prices
Typical home $191,717 · +7.9% in a year · property tax 0.5%
The typical home in Fallon County is worth $191,717, 59% less than the Montana typical home ($467,275). Values changed +7.9% in the past year and +5.6% over five years. Homeowners here pay a median 0.5% of their home's value in property tax each year ($955 on the typical home), versus 0.69% statewide.
Mortgage on the typical Fallon County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $38,343 | $153,374 | $1,032 | $0 | $175 | $1,207 | $51,700 |
| 10% down | $19,172 | $172,546 | $1,161 | $72 | $175 | $1,408 | $60,300 |
| 5% down | $9,586 | $182,132 | $1,225 | $76 | $175 | $1,477 | $63,300 |
| 3.5% down (FHA) | $6,710 | $188,245 | $1,266 | $85 | $175 | $1,527 | $65,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.5% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Montana.
Montana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Petroleum County | $189,964 | +2.8% | 0.6% |
| Valley County | $193,649 | +11.6% | 1.18% |
| Dawson County | $199,650 | +8.0% | 1.14% |
| Wheatland County | $182,100 | +11.3% | 0.56% |
| Toole County | $179,923 | +2.2% | 0.87% |
| Liberty County | $205,277 | -1.7% | 0.93% |
| Sheridan County | $175,449 | +10.1% | 1.23% |
| Wibaux County | $210,481 | +10.2% | 0.61% |
| Phillips County | $212,750 | +5.0% | 0.78% |
| Blaine County | $214,696 | +2.5% | 1.34% |
Frequently asked questions
What is the average home price in Fallon County, MT?
The typical home value in Fallon County is $191,717 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Fallon County?
About $51,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Fallon County?
The median effective rate is 0.5% of home value a year (Census ACS 2024 5-year estimates).