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Condon

Learn about the people, housing, costs and businesses in Condon, Montana

Median Home$453,800
Median Rent$1,121/month
Population274
Leading IndustriesManufacturing · Agriculture & Mining · Construction2% manufacturing
Home Value Growth⬆⬆⬆+29.0% over 2 years
Retirees26% of residentsabove average nationally
Homeowners86% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Condon
MT

Frequently Asked Questions

What are today's mortgage rates in Condon?

As of today, the 30-year fixed mortgage rate for Condon is approximately 6.995% (7.038% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Condon?

The median home value in Condon is $454k. The median monthly rent is $1,121. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Condon?

Home values in Condon have increased 29.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Condon?

Based on a typical all-in ownership cost of $818/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Condon is $71k/year.

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What industries drive the economy in Condon?

The largest employment sectors in Condon are public administration (21%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.