ZIP Code Market Report
59840 — Hamilton, MT
Data through February 2026 · Updated monthly
Avg Home Value
$520,673
▼ 0.9% year-over-year
Month-over-Month
-0.2%
▼ 0.2%
Single Family
$528,486
Condo / Co-op
--
The average home value in the 59840 ZIP code (Hamilton, MONTANA) is $520,673 as of February 2026. Home prices are stable, down 0.9% compared to last year.
A 3-bedroom home in 59840 is valued at $549,164. 1-bedroom units start around $371,990.
The market in 59840 has a $466,873 spread between bottom-tier homes at $372,093 and top-tier homes at $838,966. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Ravalli County market area in MONTANA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Ravalli County report.
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Market Snapshot
59840 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $524,380 | $521,834 | $520,673 | ▼ 0.7% |
| Single Family Value | $525,883 | $527,363 | $528,486 | ▲ 0.5% |
Home Values
59840 Home Value Trend
Historical home values for ZIP code 59840. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 59840
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $371,990 |
| 2 Bedrooms | $391,857 |
| 3 Bedrooms | $549,164 |
| 4 Bedrooms | $699,972 |
Property Types
Home Values by Property Type in 59840
How different property types compare in this ZIP code.
All Homes
$520,673
Single Family
$528,486
Bottom Tier
$372,093
Top Tier
$838,966
Data Sources and Methodology
Home value data for ZIP code 59840 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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