Is 59725, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 59725 has remained a Seller's Market.
Housing Prices in 59725, MT
How much do homes in 59725, MT cost?
Median Sold Price
$375,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 59725 was $375,000 in March 2024, up 10.4% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $177.2K | - | N/A |
2 Bedrooms | $227.5K | $235K | +3.3% |
3 Bedrooms | $360K | $365K | +1.4% |
4 Bedrooms | $376.5K | $487K | +29.3% |
5+ Bedrooms | $495K | $450K | -9.1% |
Summary: 59725 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 29.3%, and 5+ bedroom homes decreased by 9.1%.
Housing Supply in 59725, MT
How many homes are available in 59725, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 40 | -11.1% |
Summary: The 59725 real estate market had 40 homes for sale in March 2024, a 11.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 17 | 15 | -11.8% |
4 Bedrooms | 10 | 8 | -20.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 59725 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 10 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 59725 in March 2024, up by 100.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 59725, MT
How long does it take to sell a home in 59725, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 54 Days | +42.4% |
Summary: Homes in 59725 had an average of 54 days on market in Mar 2024, up by 42.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 59725; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.