Investor-grade market analytics for Kalispell, Montana. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$621,912
-0.1% year-over-year
4.0%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 14% nationally
In-migrants avg $90,888 AGI vs out-migrants $72,609
Opportunity Zone Market
1 ZIP codes in Kalispell are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Kalispell, MT is experiencing a correction with -0.1% year-over-year decline, signaling a buyer's market with softening demand. Affordability pressure is significant: the price-to-income ratio of 8.72x well exceeds the national average of 4.8x. Modest net positive migration (+341 returns/year) provides steady demand support. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 4.01% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Kalispell, MT's primary climate exposure is flooding (50/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.