Is 59645, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59645 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 59645 was a Buyer's Market.

Key Takeaway

59645 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 59645, MT

How much do homes in 59645, MT cost?

Median Sold Price

$217,500

$149/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$103,400(-32.2%)

Key Takeaway

Homes in 59645 have sold for 32.2% less than they did a month ago.

Summary: The median home sold price in 59645 was $217,500 in April 2024, down 32.2% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $320.9K$210K
-34.6%
4 -$499K
N/A
5+ --
N/A

Summary: 59645 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 34.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 59645, MT

How many homes are available in 59645, MT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
17170.0%

Summary: The 59645 real estate market had 17 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1111
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The 59645 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59645, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 59645 in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 59645, MT

How long does it take to sell a home in 59645, MT?

Average Sale Time

Mar 2024Apr 2024CHANGE
64 Days227 Days+255.1%

Summary: Homes in 59645 had an average of 227 days on market in Apr 2024, up by 255.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 59645 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 59645; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

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