Is 59718, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since July 2021
Since last year, 59718 has remained a Seller's Market.
Key Takeaway
59718 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in 59718, MT cost?
Median Sold Price
$644,875
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since July 2021
+$123,895(+23.8%)
Key Takeaway
Homes in 59718 have sold for 23.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jul 2021 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | $275.5K | $397.5K | +44.3% |
| 2 Bedrooms | $357K | $440K | +23.2% |
| 3 Bedrooms | $470.1K | $605K | +28.7% |
| 4 Bedrooms | $637K | $847.5K | +33.0% |
| 5+ Bedrooms | $799K | $950K | +18.9% |
How many homes are available in 59718, MT?
Number of Homes For Sale
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 328 | 325 | -0.9% |
Homes For Sale By Bedroom Count
| # BEDS | Jun 2022 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3%  |
| 2 Bedrooms | 32 | 36 | +12.5% |
| 3 Bedrooms | 177 | 169 | -4.5% |
| 4 Bedrooms | 87 | 84 | -3.4% |
| 5+ Bedrooms | 26 | 28 | +7.7% |
Number of Homes Sold
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 85 | 70 | -17.6% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 59718, you may be able to get a good deal. 55.7% of homes here sold below asking price last month.
Average Sale Time
| Jul 2021 | Jul 2022 | % |
|---|---|---|
| 13 Days | 12 Days | -6.9% |
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 59718 are selling fast, if you're buying plan to act quickly.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2022 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2022 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.