Search All Livingston Montana Homes for Sale
Founded in 1882 as a Northern Pacific Railway hub and incorporated in 1889, Livingston, Montana, is known as the “Original Gateway to Yellowstone National Park.” Located along the Yellowstone River, the town originated as a tent settlement called Clark City before evolving into a major railroad, agricultural, and tourism center.
Key Historical Facts About Livingston, MT
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Foundation & Name: Established in 1882, the town was named after Johnston Livingston, a director and major stockholder of the Northern Pacific Railroad. It was briefly known as Clark City.
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Lewis and Clark Trail: On July 15, 1806, William Clark and his party passed through the area, camping near present-day Livingston during their return journey.
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Yellowstone Gateway: Livingston served as the primary official rail entrance to Yellowstone National Park, hosting thousands of tourists at the turn of the 20th century.
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Railroad Town: The city developed as a critical Northern Pacific division headquarters, featuring extensive rail yards and repair shops that employed thousands of workers.
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Historic Depot: Built in 1902, the Livingston Depot became the principal arrival point for visitors traveling to Yellowstone.
Cultural & Industrial Evolution: Beyond its railroad roots, Livingston’s early years were marked by a lively frontier atmosphere—at one point boasting nearly 30 saloons. Over time, the town transitioned into a cultural hub known for artists, writers, and a strong Western identity.
Livingston Real Estate Market 2026
In late 2025 and early 2026, the Livingston real estate market remained a seller’s market, driven by high demand and limited inventory. The median sold price during this period was approximately $554,500.
Key Statistics on Livingston Homes For Sale (December 2025)
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Median Sold Price: $554,500
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Average Home Value: $507,458 (up 0.1% year over year)
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Active Listings: 87
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Homes Sold: 63
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Average Days on Market: 119 days
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Average Rent: $1,883
Market Trends & Forecast for 2026
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Seller’s Market: Livingston property continues to favor sellers due to constrained inventory, supporting elevated median sale prices.
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Price Appreciation: Continued appreciation is expected through 2026, though at a more moderate pace. The median price for single-family Livingston homes for sale rose approximately 63% between December 2024 and December 2025, reaching $850,000.
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Inventory Levels: While year-over-year inventory has increased, supply remains slightly below pre-pandemic norms.
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Affordability: National affordability is projected to improve in 2026, particularly if mortgage rates stabilize in the low-6% range.
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Demand Drivers: Ongoing in-migration, remote work flexibility, and Montana’s lifestyle appeal are expected to sustain demand across Western Montana.
For more detailed insights, consult local market reports or speak with a knowledgeable Livingston-area real estate professional.
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