Is 59718, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 59718 was a Seller's Market.
Housing Prices in 59718, MT
How much do homes in 59718, MT cost?
Median Sold Price
$715,000
$363/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 59718 was $715,000 in February 2024, up 5.9% from last year, and the median price per square foot was $363.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $397.5K | $403K | +1.4% |
2 Bedrooms | $480K | $458K | -4.6% |
3 Bedrooms | $631K | $647K | +2.5% |
4 Bedrooms | $894.9K | $937K | +4.7% |
5+ Bedrooms | $1.0M | $1.0M | +2.9% |
Summary: 59718 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 2.9%.
Housing Supply in 59718, MT
How many homes are available in 59718, MT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
204 | 207 | +1.5% |
Summary: The 59718 real estate market had 207 homes for sale in February 2024, a 1.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 9 | 0.0% |
2 Bedrooms | 32 | 33 | +3.1% |
3 Bedrooms | 85 | 83 | -2.4% |
4 Bedrooms | 69 | 68 | -1.4% |
5+ Bedrooms | 9 | 14 | +55.6% |
Summary: The 59718 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 55.6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
36 | 32 | -11.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 59718 in February 2024, down by 11.1% month-over-month. Of the 32 sold homes, 50% were sold under asking, 28% were sold at asking, and 22% were sold over asking.
Days on Market for 59718, MT
How long does it take to sell a home in 59718, MT?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
71 Days | 56 Days | -21.2% |
Summary: Homes in 59718 had an average of 56 days on market in Feb 2024, down by 21.2% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During February 2024, 32 homes were sold in 59718; 56% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.