Is Alberton, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Alberton was a Neutral Market.
Key Takeaway
Alberton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Alberton, MT
How much do homes in Alberton, MT cost?
Median Sold Price
$498,000
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Alberton have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Alberton was $498,000 in April 2024, up 5.2% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | $181.5K | -45.8% |
| 2 Bedrooms | $406K | $333.5K | -17.9% |
| 3 Bedrooms | $650K | $510.9K | -21.4% |
| 4 Bedrooms | $441K | $465.5K | +5.6% |
| 5+ Bedrooms | - | $2.0M | N/A |
Summary: Alberton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.8%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lolo | $547.5K | $596.5K | +8.9% |
| Alberton | $473.5K | $498K | +5.2% |
Housing Supply in Alberton, MT
How many homes are available in Alberton, MT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Alberton real estate market had 9 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Alberton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Alberton, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Alberton in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Alberton, MT
How long does it take to sell a home in Alberton, MT?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 132 Days | 8 Days | -93.9% |
Summary: Homes in Alberton had an average of 8 days on market in Apr 2024, down by 93.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alberton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Alberton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.