HousingHandbookReference data

U.S. ZIP Code · MT59823

Missoula County · Missoula, MT

Typical home value

$602,171[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.7%
5-year / yr
+7.2%
10-year / yr
+8.4%

Relative price

vs U.S.
+112.0%
vs metro
+4.8%
vs state
+43.5%
ZIP 59823 location in MT
Location of ZIP 59823 in MT

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 59823 is worth $602,171 — 4.8% above the Missoula, MT median. Over the past year, values have risen 1.7%. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.4%[3]
Typical annual tax
$2,527[3]

#Climate risk

FEMA National Risk Index ratings for Missoula County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Relatively Moderate
Drought
Very Low
Heat wave
Relatively Low
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Relatively Moderate
Winter weather
Relatively Moderate

#Who lives here

Population
1,931[3]
Median household income
$82,813[3]

#Migration

Household moves in and out of Missoula County over a year, from IRS tax-return data.

Net migration
+452[5]
Moved in
4,198
Moved out
3,746

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
5
Elementary
3
Middle
2
High
0
  • Bonner School

    Elementary · Grades PK–5 · Bonner Elem

    229 students

  • Bonner 6-8

    Middle · Grades 6–8 · Bonner Elem

    109 students

  • Potomac School

    Elementary · Grades PK–6 · Potomac Elem

    81 students

  • Potomac 7-8

    Middle · Grades 7–8 · Potomac Elem

    15 students

  • Sunset School

    Elementary · Grades PK–8 · Sunset Elem

    11 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,045
Loan principal$481,736
Down payment$120,434
Total interest paid$614,428

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$3,757
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
50th percentile[1]
Rental yield
[2]
Property tax
0th percentile[3]

Frequently asked

How much is a home worth in ZIP code 59823?
The typical home in 59823 is worth $602,171, based on the Zillow Home Value Index.
Are home values rising in 59823?
Home values in 59823 are up 1.7% over the past year, and up 7.2% a year over five years.
What is the property tax rate in 59823?
The effective property tax rate in 59823 is 0.4% — roughly $2,527 a year on a typical home.
Who lives in 59823?
ZIP code 59823 has a population of 1,931 and a median household income of $82,813.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Seeley Lake CDP, MT

    Typical home
    $575,572
    Gross yield
  • Missoula, MT

    Typical home
    $574,553
    Gross yield
    3.3%
  • Missoula, MT

    Typical home
    $637,884
    Gross yield
    3.8%
  • Missoula, MT

    Typical home
    $557,925
    Gross yield
    2.9%
  • Condon CDP, MT

    Typical home
    $655,919
    Gross yield
  • Lolo CDP, MT

    Typical home
    $547,668
    Gross yield

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