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Missoula Foreclosure Listings

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Missoula, Montana: New Foreclosures on the Rise

Missoula, Montana is known for being the largest media market in the state. It is also known for being a politically liberal city. Missoula is the home of the University of Montana and it is also home to Jeannette Rankin who was the first woman elected to the United States Congress. New foreclosure listings rose to about 56 per month as of August 2010. There are currently about 100 foreclosed homes and about 1,000 homes currently on the market. Trends show that home prices decrease by only 15% when auctioned. There are also about 110 properties up for auction currently with opening bids as low as $10,000 and as high as $400,000.