Is 59405, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 59405 has remained a Seller's Market.
Housing Prices in 59405, MT
How much do homes in 59405, MT cost?
Median Sold Price
$302,966
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 59405 was $302,966 in April 2024, up 8.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $136K | $161.9K | +19.0% |
2 Bedrooms | $197.5K | $219K | +10.9% |
3 Bedrooms | $271.7K | $305K | +12.2% |
4 Bedrooms | $288K | $323K | +12.2% |
5+ Bedrooms | $341.9K | $355K | +3.8% |
Summary: 59405 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 3.8%.
Housing Supply in 59405, MT
How many homes are available in 59405, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 87 | +1.2% |
Summary: The 59405 real estate market had 87 homes for sale in April 2024, a 1.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 22 | 19 | -13.6% |
3 Bedrooms | 35 | 33 | -5.7% |
4 Bedrooms | 19 | 22 | +15.8% |
5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The 59405 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 26 | -10.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 59405 in April 2024, down by 10.3% month-over-month. Of the 26 sold homes, 35% were sold under asking, 27% were sold at asking, and 38% were sold over asking.
Days on Market for 59405, MT
How long does it take to sell a home in 59405, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 58 Days | +83.4% |
Summary: Homes in 59405 had an average of 58 days on market in Apr 2024, up by 83.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in 59405; 27% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.