Is Flathead Reservation, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Flathead Reservation has remained a Buyer's Market.
Housing Prices in Flathead Reservation, MT
How much do homes in Flathead Reservation, MT cost?
Median Sold Price
$372,500
$155/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Flathead Reservation was $372,500 in May 2024, down 29% from last month, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $525K | $535K | +1.9% |
4 Bedrooms | - | $210K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Flathead Reservation housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Flathead Reservation, MT
How many homes are available in Flathead Reservation, MT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 15 | +36.4% |
Summary: The Flathead Reservation real estate market had 15 homes for sale in May 2024, a 36.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Flathead Reservation housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Flathead Reservation in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Flathead Reservation, MT
How long does it take to sell a home in Flathead Reservation, MT?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
328 Days | 53 Days | -83.8% |
Summary: Homes in Flathead Reservation had an average of 53 days on market in May 2024, down by 83.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Flathead Reservation; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.