MARKET UPDATE: THE MADISON VALLEY
February in the Madison Valley has brought some warmer days this year, giving a small preview of the seasons ahead. As the days begin to stretch a little longer, many people start thinking about spring and the busy summer season that brings new energy to the valley. It’s also the time of year when many begin planning ahead, whether that means preparing a home for sale or starting the search for a place to enjoy the valley.
The Madison Valley residential market continues to show steady activity as we move through the winter months. Currently, there are 42 active listings across the valley, with 6 properties under contract, indicating that buyers remain engaged even during the quieter season.
Over the past 180 days, 34 homes have sold, demonstrating consistent demand for properties in the area.
Recent sales show a wide range in pricing, with homes selling between $165,000 and $4,450,000, reflecting the diversity of property types available throughout the valley. From in-town homes and cabins to larger ranch and luxury properties, the market continues to attract a variety of buyers.
Average days on market has increased slightly compared to last year, with homes averaging 86 days on market year-to-date in 2026, compared to 71 days in 2025. While homes are taking a bit longer to sell, activity remains steady as buyers and sellers begin preparing for the typically busier spring and summer seasons in the Madison Valley.
MARKET UPDATE: BIG SKY
Big Sky’s real estate market often sees strong activity during the winter months as visitors and skiers spend time in the area and begin exploring property opportunities. Currently, there are 162 active listings, with 31 properties under contract and 109 homes sold in the past 180 days, reflecting steady demand driven by recreation, lifestyle, and investment interest tied to the ski season.
