Is 59011, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59011 is a buyer's market

Buyer's
Market

Difference Since July 2021

At the same time last year, 59011 was a Seller's Market.

Key Takeaway

59011 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 59011, MT cost?

Median Sold Price

$418,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$152,500(+57.4%)

Key Takeaway

Homes in 59011 have sold for 57.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $1.8M$689.2K
-62.5%
2 $167K$440K
+163.5%
3 $325K$388K
+19.4%
4 $349.9K$574.4K
+64.2%
5+ $2.7M$418K
-84.8%

How many homes are available in 59011, MT?

Number of Homes For Sale

Jun 2022Jul 2022%
1819+5.6%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 25
+150.0%
3 84
-50.0%
4 79
+28.6%
5+ 11
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59011, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
5 Days119 Days+2280.0%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 59011 has remained consistent over time.

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

About 59011, MT

Number of homes for sale in 59011, MT real estate market have reached 19. In July 2022 in 59011, MT there were 5.6% more homes for sale than in June 2022. Listings spent 119 days on the market in July 2022, and had a median list price of $418,000 during the same period. Listing prices have changed in this real estate market between June 2022 and July 2022: 1 bedroom properties prices decreased by 62.5%, prices of 2 bedrooms properties went up by 163.5%, prices of 3 bedrooms properties increased by 19.4%, prices of 4 bedrooms properties went up by 64.2%, prices of 5 bedrooms properties went down by 84.8%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 150% more available, the quantity of 3 bedrooms homes went down by 50%, 4 bedrooms homes became 28.6% more available, number of 5 bedrooms homes remained the same. 59011, MT housing market in July 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below.