Choteau, Montana.
Typical home $299,202 (+4.6% in a year).
to buy the typical home at today's mortgage rate — +$975 (+164%) since Jan 2020.
- 1 year
- Up $13,116 +5%
- $286,085$299,202 since Sep 2025
- 5 years
- Up $82,534 +38%
- $216,667$299,202 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Choteau$1,570
- Montana$2,453
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Choteau, MT rose 4.6% over the past year — faster than the nation's +1.2%.
Living in Choteau, Teton County, Montana
Choteau is a city of 1,721 people in Teton County. 64% of its homes are lived in by their owners and 36% are rented. Unemployment in Teton County was 2.2% in August 2026, and the county had 2.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Choteau is a small city and the seat of Teton County, Montana. Most homes are lived in by their owners, and the share of residents living below the poverty line is low. Winters are cold, with January the coldest month and a good deal of snow, while summers are warm and the year is fairly dry.
Work. Many residents work in schools, hospitals and social care, with others in restaurants and hotels, farming, and the building trades. Benefis Teton Medical Center, Choteau Elem Schools and the Forest Service are among the largest workplaces in town. Unemployment across Teton County is low and a little lower than a year earlier, and the county has more jobs than it did the year before. Commutes are short, and relatively few people work from home.
Things to do. Lake Chouteau sits in or beside town, so water is close at hand. A short drive away are Priest Butte Lake, a lake, and Freezout Lake Wildlife Management Area, a park set aside for wildlife. Eureka Reservoir, also a short drive away, offers another stretch of open water.
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- 705households
- 30%of adults have a degree
- 6%below the poverty line
- 17 mintypical commute
- 9%work from home
What residents work in
Employed residents by industry, from the Census survey. Teton County had 1,831 jobs in 2025, 2.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 37° and lows near 13°; warmest in July, with highs near 82° and lows near 48°. About 48 inches of snow and 12 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Choteau weather station, under a mile away (NOAA).
Largest workplaces in Choteau
- Benefis Teton Medical CenterCritical access hospital47FTE
- Choteau Elem SchoolsSchool district46FTE
- Forest ServiceFederal government · Department of Agriculture22
Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and federal offices from OPM's federal workforce data (2026); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Cold wavesVery high
- Inland floodingRelatively high
- WildfireRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Choteau’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Teton County.
Choteau home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Choteau$299,202
- Montana$467,275
- United States$366,157
Sellers are cutting prices on about 1 in 10 Choteau listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Choteau9.68%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Choteau24
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Choteau address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Choteau — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.