10/16/2026
MONTANA RANCH LAND MARKET: WHERE THINGS STAND IN 2026
Through the first three quarters of 2026, Tanner Anderson and Wade Keller have sold nearly 30,000 acres of Montana land, with approximately 57,000 additional acres currently under contract heading into Q4.
We’re seeing firsthand what buyers are looking for, what makes properties move, and where pricing expectations meet actual market demand.
But here’s where things get interesting.
According to October 2026 data from Montana Land Source:
• $3,147/acre — Statewide median asking price
• $2,018/acre — Statewide median sale price
• 315 days — Median time on market for sold properties
The asking and sale medians represent different groups of properties, not an average negotiated discount.
So what do these numbers actually mean for Montana ranch owners?
The answer isn’t as simple as looking at a price per acre.
Water rights. Carrying capacity. Agricultural production. Wildlife habitat. Improvements. Location. These are the details that influence what buyers are willing to pay.
We’ve put together a market analysis heading into Q4, combining Montana Land Source data with what we’re seeing on the ground through our own transactions.
If you own Montana land, are considering selling, or are looking to purchase a ranch, this is an article worth reading.
👇 READ THE FULL ARTICLE:
https://montanalandproperties.com/from-the-field/montana-ranch-land-values-heading-into-q4-2026-what-buyers-and-sellers-need-to-know
Tanner Anderson 406.654.4473
Wade Keller 406.861.7159
Montana Land Properties | UC Northwest Realty & Auction
MontanaLandProperties.com