Real Estate Investing in Condon, Montana
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Should you buy in Condon, MT? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 45.8% of homes vacant — above national norms.
What’s happening in Condon, MT?
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Market Trends — Condon, MT
Home Value History
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.
Best ZIP codes in Missoula, MT
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Landlord Ground Truth
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ZIP Codes in Condon, MT
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View PlansFrequently 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.
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