The story of this market
The typical home in ZIP 59823 sells for about $824,450, or $335 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 128 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $877 a month.
ZIP 59823 — Bonner
The housing market in 59823 is characterized by low inventory and high price points relative to the rural location, driven by demand for large-lot properties. Sales volume is minimal, reflecting a niche market where properties often remain on the market for extended periods. Current conditions are stable, with limited new development activity.
This ZIP is best suited for buyers seeking rural privacy, outdoor enthusiasts, and those comfortable with a remote lifestyle, rather than commuters or those requiring urban amenities.
Median prices moved up 4.2% year over year.
Homes spend a median of 128 days on market with 9.5 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 10.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 11.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 11.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 59823, Montana
Crime rates in the Potomac area are generally low, consistent with the rural character of western Montana and significantly below national urban averages.
Schools serving the area are part of rural district systems, generally characterized by small class sizes and limited extracurricular offerings compared to larger metropolitan districts.
The region faces significant wildfire risk due to dense forest cover and mountainous terrain, which influences local property insurance availability and premium costs.
Economic momentum is driven primarily by outdoor recreation, forestry, and small-scale agriculture, with limited large-scale commercial development in the immediate vicinity.
Property taxes are assessed at the county level based on market value, with specific mill levies applied for school districts and local services; no state sales tax applies in Montana.
Commuting is primarily by private vehicle, with residents typically driving 30-45 minutes to reach employment centers in Missoula.
The area offers extensive access to outdoor recreation, including hiking, fishing, and hunting in the surrounding national forest lands, with limited local shopping.
The rental market is extremely limited with low inventory, primarily consisting of single-family homes or accessory dwelling units, with high demand from seasonal workers.
The local economy is heavily reliant on natural resources, tourism, and remote work, with Missoula serving as the primary regional economic hub.
Transportation is almost exclusively via private vehicle; there is no public transit infrastructure serving this rural ZIP code.
Development is strictly limited by rural zoning and environmental protections, with no major commercial projects currently in the pipeline.
The Missoula County Assessor manages property valuations, which are updated on a cyclical basis according to state law.
Parcels are subject to local school district levies and county-wide fire district assessments.
Property insurance premiums are elevated due to high wildfire risk, with some carriers limiting new policies in the area.
Montana has experienced steady net domestic migration, though growth in this specific rural ZIP remains modest.
Montana is a non-judicial foreclosure state, allowing for efficient processing of defaults under the Small Tract Financing Act.
Sellers are required to provide a property disclosure statement detailing known material defects, though 'as-is' sales are common.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- KettleHouse Amphitheater4.717.6 mi
- Salmon Lake State Park4.69.7 mi
- Placid Lake State Park4.59.7 mi
- Grizzly Claw Trading Co4.713.9 mi
- Salmon Lake State Park4.69.7 mi
- Placid Lake State Park4.59.7 mi
- Missoula Montana Airport4.426.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides vast acreage for hiking, hunting, and outdoor recreation.
Renowned for fly fishing and recreational floating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.