Real Estate Investing in Condon, Montana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 542 • Missoula County

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Should you buy in Condon, MT? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (36/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 45.8% of homes vacant — above national norms.

What’s happening in Condon, MT?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.8% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $665,152
Avg Monthly Rent $1,341
ZIP Codes 1

Investing in Condon Real Estate

Condon, MT covers 1 ZIP codes and a population but the investment metrics here are soft — this is not a market to enter casually.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Condon is in that category.

Transaction volume in Condon has thinned in a way that amplifies price discovery risk. From a cash-flow lens, investors without local context should treat every number on the page with skepticism.

Demographics in Condon show real pressure — median income of $N/AK is subdued relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Missoula, MT

Condon is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Condon, MT. Anonymous, moderated, never written by AI.

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Property managers serving Missoula County

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Highland Property Management, a subsidiary of Summit Management Group, Inc., focuses on the development, management, and construction of market-rate, workforce, rent-to-own, and low-income multi-famil summary from their website

Small multifamily
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Plum Property Management proudly serves renters and owners in Western Montana, offering management services for commercial, residential, vacation, and storage properties. summary from their website

CommercialSingle-familySmall multifamilyShort-term rentals
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Real Property Management Sapphire provides property management services in the Bitterroot Valley, MT. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$665,152
Avg Monthly Rent
$1,341
1% Rule
✗ Below
Landlord Friendly (MT)

📉 Market Crash Risk Index

Based on Missoula, MT metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Missoula, MT metro
0
Days to pending
6.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Condon, MT

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Filter Condon’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Condon, MT

What strategy should investors use in Condon, MT?

A careful cash-flow rentals with hands-on management strategy Condon, MT best. The market produces measured results for that approach at the $665K price point.

How quickly do rentals get leased in Condon, MT?

Condon, MT carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,341/mo.

What is the average home sale price in Condon, MT?

Typical homes in Condon, MT go for around $665K. The 5-year CAGR of 0.0% predictable price movement.

Is Condon, MT landlord-friendly?

MT ranks as a landlord-friendly state for landlord-tenant law. Condon generally follows the statewide framework, so landlords face reasonable operating rules.

Is the tenant base reliable in Condon, MT?

The renter base in Condon, MT is reasonable for the $1,341/mo price point. Screening well and pricing to market typically yields consistent tenants.

Community Ratings

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