Commercial Real Estate Market in Whitefish, MT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
213 active listings and 810 off-market properties in Whitefish, MT. Commercial property asks $4,184/SF to buy and $26.67/SF/Yr to lease.
Market Trends
Whitefish, MT spans 310.5 square miles in Flathead County, Montana. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Whitefish, MT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Whitefish, MT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Whitefish, 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 Whitefish, 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 52.5%
- Planned_development 38.2%
- Mixed use 5.5%
- Industrial 2.1%
- Civic 1.3%
- Commercial 0.5%
Largest Zones share of zoned land by district
Two Family Residential
One Family Limited Residential Planned Unit Development
One Family Residential
Agricultural
Country Residential Planned Unit Development
One Family Limited Residential Planned Unit Development (WLR)
WLR One-family limited residential WR-1 One-family residential WR-2 Two-family residential WR-3 Low density multi-family residential WR-4 High density multi-family residential WB-1 Limited business WB-2 Secondary business WB-3 General business WB-4 Business park WRR-1 Low density resort residential WRR-2 Medium density resort residential WRB-1 Limited resort…
Market overview
Demographics & Economy
Whitefish, MT has 14,354 residents in 8,744 households. Density runs 46 people per square mile. Median household income here is $75,512 and median gross rent $1,335 a month.
14,354
Population
8,744
Households
1.6
Avg Household Size
45
Median Age
51%
College-Educated
97%
High-School Grad
310.5 sq mi
ZIP Area
46
Density / Sq Mi
$75,512
Median Household Income
$43,105
Median Earnings
$1,335
Median Rent
$654,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Columbia Falls | — | $26.85 |
| Kalispell | — | $18.95 |
Commercial property in Whitefish, MT asks $4,184/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Whitefish?
Commercial property in Whitefish, MT asks an average of $4,184 per square foot.
How much does it cost to lease commercial space in Whitefish?
Asking lease rates in Whitefish, MT average $26.67 per square foot per year.
Where does Realmo's Whitefish market data come from?
Realmo compiles Whitefish, MT figures from 206 active sale listings, 7 active lease listings, 810 tracked off-market properties, the current Whitefish zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 206 active for-sale and 7 active for-lease listings in Whitefish, 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: 4,726 zoned acres across 39 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
