Is 59644, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59644 is a seller's market

Buyer's
Market

Difference Since August 2023

At the same time last year, 59644 was a Neutral Market.

Key Takeaway

59644 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 59644, MT

How much do homes in 59644, MT cost?

Median Sold Price

$415,000

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$22,500(+5.7%)

Key Takeaway

Homes in 59644 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 59644 was $415,000 in August 2024, up 5.7% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $299K$230K
-23.1%
2 $325K$300K
-7.7%
3 $395K$415K
+5.1%
4 $389K$520K
+33.7%
5+ $574.5K$588.4K
+2.4%

Summary: 59644 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 33.7%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Zip Codes

59634
+7.0%
59644
+5.7%

Housing Supply in 59644, MT

How many homes are available in 59644, MT?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
4045+12.5%

Summary: The 59644 real estate market had 45 homes for sale in August 2024, a 12.5% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1925
+31.6%
4 1111
0.0%
5+ 44
0.0%

Summary: The 59644 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 31.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59644, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 59644 in August 2024, up by 125.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 59644, MT

How long does it take to sell a home in 59644, MT?

Average Sale Time

Aug 2023Aug 2024CHANGE
21 Days58 Days+175.0%

Summary: Homes in 59644 had an average of 58 days on market in Aug 2024, up by 175% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were 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 59644 has remained consistent over time.

Summary: During August 2024, 9 homes were sold in 59644; 22% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

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

Report Updated 8 Days Ago

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