Property Assessment

Property Valuation News

For the 2025-2026 property valuation cycle, all real property is valued as of January 1, 2024. Montana law specifically requires that all real property be valued on the same day every two years so that tax burdens are equally distributed among all taxpayers across the state. 15-7-111, MCA.

State law requires the department to value real and personal property at 100% of its market value, which is the value at which property would change hands between a willing buyer and willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts. 15-8-111, MCA. Agricultural and forest land are valued on the productive capacity per acre. 15-7-201, MCA and 15-44-103, MCA.

Property Tax Appraisal Notice

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Understanding Your Property Appraisal Notice
Information on how the department classified and valued your property for assessment and tax billing.
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Property Tax Assistance Programs
Explore programs designed to provide financial relief and assistance for eligible Montana property owners. See if you're eligible and apply now.

Categories & Resources

Unclaimed property is money or items that someone has left in places like banks or companies without moving it or checking on it for a long time. Examples include bank accounts, wage and payroll checks, gift cards, stocks and bonds, refunds, insurance payments, dividends, safety deposit box contents and more.

Unclaimed property does not include land or real estate of any kind.

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The Property Assessment Division values all taxable property at 100 percent of market value. Property taxable values determined by the department are used by the county governments to calculate property taxes.