Commercial Real Estate Market in Stevensville, MT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
61 active listings and 368 off-market properties in Stevensville, MT. Commercial property asks $40,175/SF to buy and $1.96/SF/Yr to lease.
Market Trends
Stevensville, MT spans 255.0 square miles in Ravalli County, Montana. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Stevensville, MT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Stevensville, MT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Stevensville, 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 Stevensville, MT runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 70%
- Civic 15.7%
- Commercial 14.4%
Largest Zones share of zoned land by district
Residential Low And Medium Density
Residential Low Density
Public Lands And Institutional
Residential Medium Density
Highway Commercial Corridor
Stevensville, MT zones 1,137 acres across 8 districts. Commercial zoning covers 14.4% of zoned land, residential 70%. The largest single district is Residential Low And Medium Density at 39.6%. For commercial buyers the practical constraint is that only 14.4% of land carries a commercial or industrial designation.
Residential Low And Medium Density (R-1/R-2)
The R-1 residential low density district encompasses all of the single family residential areas in the town. Residential densities are generally less than five units per acre. The R-2 residential medium density district is the town multifamily residential area that allows attached housing at densities ranging up to 16 units per acre. Access to multifamily ho…
Market overview
Demographics & Economy
Stevensville, MT has 11,245 residents in 5,251 households. Density runs 44 people per square mile. Median household income here is $80,389 and median gross rent $1,082 a month.
11,245
Population
5,251
Households
2.1
Avg Household Size
48
Median Age
29%
College-Educated
92%
High-School Grad
255 sq mi
ZIP Area
44
Density / Sq Mi
$80,389
Median Household Income
$47,578
Median Earnings
$1,082
Median Rent
$465,800
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Stevensville?
Commercial property in Stevensville, MT asks an average of $40,175 per square foot.
How much does it cost to lease commercial space in Stevensville?
Asking lease rates in Stevensville, MT average $1.96 per square foot per year.
What zoning applies to commercial property in Stevensville?
Stevensville, MT zones 1,137 acres across 8 districts, of which 14.4% is commercial and 0% industrial. The largest single district is Residential Low And Medium Density at 39.6% of zoned land. The R-1 residential low density district encompasses all of the single family residential areas in the town. Residential densities are generally less than five units per acre. The R-2 residential medium density district is the town multifamily residential area that allows attached housing at densities ranging up to 16 units per acre. Access to multifamily ho… Residential zoning covers 70% and open space 0%.
Where does Realmo's Stevensville market data come from?
Realmo compiles Stevensville, MT figures from 58 active sale listings, 3 active lease listings, 368 tracked off-market properties, the current Stevensville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 58 active for-sale and 3 active for-lease listings in Stevensville, MT. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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.
- Zoning and land use
- The current municipal zoning release: 1,137 zoned acres across 8 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 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 30 September 2026 · report a data issue
