Is Townsend East, 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, Townsend East was a Seller's Market.
Housing Prices in Townsend East, MT
How much do homes in Townsend East, MT cost?
Median Sold Price
$367,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Townsend East was $367,000 in April 2024, down 5.7% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $305.5K | $230K | -24.7% |
2 Bedrooms | $322.5K | $297K | -7.9% |
3 Bedrooms | $392.5K | $375K | -4.5% |
4 Bedrooms | $635K | $449.2K | -29.3% |
5+ Bedrooms | $481K | $445K | -7.5% |
Summary: Townsend East housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.7%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 29.3%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Cities
Townsend | $387.2K | $390K | +0.7% |
Townsend West | $617.5K | $586.2K | -5.1% |
Townsend East | $389K | $367K | -5.7% |
Housing Supply in Townsend East, MT
How many homes are available in Townsend East, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 28 | +7.7% |
Summary: The Townsend East real estate market had 28 homes for sale in April 2024, a 7.7% 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 | 5 | 4 | -20.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Townsend East 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 decreased by 20%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Townsend East in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Townsend East, MT
How long does it take to sell a home in Townsend East, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
162 Days | 90 Days | -44.6% |
Summary: Homes in Townsend East had an average of 90 days on market in Apr 2024, down by 44.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Townsend East; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.