Is 59714, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 59714 was a Seller's Market.
Housing Prices in 59714, MT
How much do homes in 59714, MT cost?
Median Sold Price
$540,000
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 59714 was $540,000 in March 2024, up 1.9% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $241K | $295K | +22.4% |
2 Bedrooms | $331.4K | $390.7K | +17.9% |
3 Bedrooms | $515K | $515K | 0.0% |
4 Bedrooms | $649.7K | $695K | +7.0% |
5+ Bedrooms | $734.5K | $755K | +2.8% |
Summary: 59714 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.4%, 2 bedroom homes increased by 17.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 2.8%.
Housing Supply in 59714, MT
How many homes are available in 59714, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
98 | 110 | +12.2% |
Summary: The 59714 real estate market had 110 homes for sale in March 2024, a 12.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 61 | 67 | +9.8% |
4 Bedrooms | 26 | 30 | +15.4% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The 59714 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 59714 in March 2024, down by 5.9% month-over-month. Of the 16 sold homes, 25% were sold under asking, 44% were sold at asking, and 31% were sold over asking.
Days on Market for 59714, MT
How long does it take to sell a home in 59714, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 34 Days | -10.7% |
Summary: Homes in 59714 had an average of 34 days on market in Mar 2024, down by 10.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 59714; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.