Montana’s New Property Tax System
- Carmen Hobson
- Jun 23
- 1 min read

Hey Y’all!
In light of the recent Montana Real Estate tax changes, and the confusion it’s brought, I’ve attached this great article explaining things in greater detail. If you are an out-of-state owner, owner of a short-term rental, or second/vacation home, this is a must-read.
Onward and upward!
Carmen

"0.76% for property up to the state median (currently about $340,000), 0.9% up to two times the state median, 1.1% for the value between 2 and 4 times the state median, and 1.9% (the same as non-residents) for the value of homes above 4 times the state median ($1.36 million currently). Currently, residential property is taxed at 1.35% of market value, meaning that while the rate hasn’t fully doubled for non-residents, most non-residents will be paying twice or more in property taxes than Montana residents.
What will be the effects of these changes? One thing will be quite clear: property taxes will go down significantly for most Montana residents in their primary home, but will increase for non-residents, vacation homes owned by Montana residents, and highly valuable primary residences as well."
Curious about selling your Montana property? Give me a call to discuss your current home value and market conditions, 406.871.8760.
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