Is Bad Rock-Columbia Heights, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bad Rock-Columbia Heights is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Bad Rock-Columbia Heights was a Seller's Market.

Key Takeaway

Bad Rock-Columbia Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bad Rock-Columbia Heights, MT

How much do homes in Bad Rock-Columbia Heights, MT cost?

Median Sold Price

$763,750

$398/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$80,750(-9.6%)

Key Takeaway

Homes in Bad Rock-Columbia Heights have sold for 9.6% less than they did a year ago.

Summary: The median home sold price in Bad Rock-Columbia Heights was $763,750 in April 2024, down 9.6% from last year, and the median price per square foot was $398.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$587K
N/A
2 $725.5K-
N/A
3 $775K$746.2K
-3.7%
4 $900K$769K
-14.6%
5+ $1.3M$1.7M
+30.2%

Summary: Bad Rock-Columbia Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes increased by 30.2%.

Median Sold Price Compared To Nearby Cities

South Fork
+67.7%
Creston-Bigfork
-1.8%
Bad Rock-Columbia Heights
-9.6%

Housing Supply in Bad Rock-Columbia Heights, MT

How many homes are available in Bad Rock-Columbia Heights, MT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3241+28.1%

Summary: The Bad Rock-Columbia Heights real estate market had 41 homes for sale in April 2024, a 28.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 1215
+25.0%
4 912
+33.3%
5+ 79
+28.6%

Summary: The Bad Rock-Columbia Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bad Rock-Columbia Heights, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Bad Rock-Columbia Heights in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Bad Rock-Columbia Heights, MT

How long does it take to sell a home in Bad Rock-Columbia Heights, MT?

Average Sale Time

Apr 2023Apr 2024CHANGE
125 Days157 Days+24.8%

Summary: Homes in Bad Rock-Columbia Heights had an average of 157 days on market in Apr 2024, up by 24.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bad Rock-Columbia Heights has remained consistent over time.

Summary: During April 2024, 5 homes were sold in Bad Rock-Columbia Heights; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

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