Is Meagher County, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Meagher County has remained a Buyer's Market.
Housing Prices in Meagher County, MT
How much do homes in Meagher County, MT cost?
Median Sold Price
$385,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Meagher County was $385,000 in May 2024, up 36.3% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | - | N/A |
2 Bedrooms | $225K | $329K | +46.2% |
3 Bedrooms | $299K | $320.9K | +7.3% |
4 Bedrooms | $225K | $499K | +121.8% |
5+ Bedrooms | - | $385K | N/A |
Summary: Meagher County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 121.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Meagher County | $282.5K | $385K | +36.3% |
Cascade County | $290.1K | $317K | +9.3% |
Broadwater County | $388.2K | $379.4K | -2.3% |
Housing Supply in Meagher County, MT
How many homes are available in Meagher County, MT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 17 | -10.5% |
Summary: The Meagher County real estate market had 17 homes for sale in May 2024, a 10.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 14 | 11 | -21.4% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Meagher County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Meagher County in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Meagher County, MT
How long does it take to sell a home in Meagher County, MT?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
86 Days | 196 Days | +128.5% |
Summary: Homes in Meagher County had an average of 196 days on market in May 2024, up by 128.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Meagher County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.