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Three Forks

Learn about the people, housing, costs and businesses in Three Forks, Montana

Median Home$439,242
Median Rent$1,283/month
Population4,963
Leading IndustriesProfessional Services · Education2% professional services
Home Value Growth⬆⬆+12.6% over 2 years
Retirees29% of residentstop 2% nationally
Homeowners84% of occupied units
NotableVeteran Community9% of residents · top 9% nationally
Three Forks
MT

Frequently Asked Questions

What are today's mortgage rates in Three Forks?

As of today, the 30-year fixed mortgage rate for Three Forks is approximately 6.836% (6.870% 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 Three Forks?

The median home value in Three Forks is $439k. The median monthly rent is $1,283. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Three Forks?

Home values in Three Forks have increased 12.6% 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 Three Forks?

Based on a typical all-in ownership cost of $1,260/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Three Forks is $81k/year.

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What industries drive the economy in Three Forks?

The largest employment sectors in Three Forks are public administration (23%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.