The multifamily market in Missoula has been relatively quiet in terms of investment sales, with limited new development over the past year. High borrowing costs and mismatched pricing expectations have kept transaction activity low.
However, signs of change are emerging. With vacancies tightening and rents showing upward momentum, the market could see renewed interest in both investment and new development in 2025.
In this Year in Review Video, Matt Mellott, CCIM | SIOR shares insights into the trends shaping Missoula’s multifamily market and what’s anticipated for the coming year.
