Commercial Real Estate Market in Homestead, MT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Homestead, MT spans 85.3 square miles in Sheridan County, Montana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Homestead, MT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Homestead, MT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Homestead, MT runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Homestead, MT runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Homestead, MT has 107 residents in 49 households. Density runs 1 people per square mile. Median household income here is $84,250.
107
Population
49
Households
2.2
Avg Household Size
46
Median Age
29%
College-Educated
100%
High-School Grad
85.3 sq mi
ZIP Area
1
Density / Sq Mi
$84,250
Median Household Income
$70,625
Median Earnings
$0
Median Rent
$122,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Froid | — | — |
| Medicine Lake | — | — |
| Reserve | — | — |
| McCabe | — | — |
Methodology & data sources
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
