Is 59404, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 59404 has remained a Seller's Market.
Housing Prices in 59404, MT
How much do homes in 59404, MT cost?
Median Sold Price
$380,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 59404 was $380,000 in March 2024, up 4.1% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $131K | $400K | +205.3% |
2 Bedrooms | $215K | $224.4K | +4.4% |
3 Bedrooms | $327K | $345K | +5.5% |
4 Bedrooms | $382.5K | $393.5K | +2.9% |
5+ Bedrooms | $470K | $515K | +9.6% |
Summary: 59404 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 205.3%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Zip Codes
59487 | $400K | $568.5K | +42.1% |
59401 | $245K | $265K | +8.2% |
59404 | $365K | $380K | +4.1% |
Housing Supply in 59404, MT
How many homes are available in 59404, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
88 | 88 | 0.0% |
Summary: The 59404 real estate market had 88 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 17 | 17 | 0.0% |
3 Bedrooms | 16 | 17 | +6.3% |
4 Bedrooms | 30 | 27 | -10.0% |
5+ Bedrooms | 24 | 26 | +8.3% |
Summary: The 59404 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 59404 in March 2024, up by 5.0% month-over-month. Of the 21 sold homes, 76% were sold under asking, 10% were sold at asking, and 14% were sold over asking.
Days on Market for 59404, MT
How long does it take to sell a home in 59404, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
74 Days | 104 Days | +40.0% |
Summary: Homes in 59404 had an average of 104 days on market in Mar 2024, up by 40% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 59404; 33% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 52% of homes were sold over 90 days.