Is 59729, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59729 is a seller's market

Buyer's
Market

Difference Since July 2021

At the same time last year, 59729 was a Buyer's Market.

Key Takeaway

59729 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 59729, MT cost?

Median Sold Price

$603,000

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$133,000(+28.3%)

Key Takeaway

Homes in 59729 have sold for 28.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $416.5K$299.5K
-28.1%
2 $305K$487.5K
+59.8%
3 $485.5K$599K
+23.4%
4 $635K$704.5K
+10.9%
5+ $948K$1.0M
+12.3%

Median Sold Price Compared To Nearby Zip Codes

59720
+37.9%
59729
+28.3%

How many homes are available in 59729, MT?

Number of Homes For Sale

Jun 2022Jul 2022%
2826-7.1%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 76
-14.3%
3 1514
-6.7%
4 54
-20.0%
5+ 12
+100.0%

Number of Homes Sold

Jun 2022Jul 2022%
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59729, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
11 Days29 Days+153.9%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 59729 has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 59729, MT

59729, MT has 26 homes on the market. The inventory of homes for sale in 59729, MT between June 2022 and July 2022 decreased by 7.1%. The median list price of listings available in July 2022 was $603,000, while the average time on the real estate market was 29 days. Listing prices have changed in this real estate market between June 2022 and July 2022: prices of 1 bedroom properties went down by 28.1%, 2 bedrooms properties became 59.8% more expensive, the cost of 3 bedrooms properties went up by 23.4%, 4 bedrooms properties prices increased by 10.9%, prices of 5 bedrooms properties increased by 12.3%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 14.3%, volume of 3 bedrooms homes went down by 6.7%, 4 bedrooms homes became 20% less available, 5 bedrooms homes became 100% more available. Over 0 listings were sold over their listed price in July 2022 in 59729, MT. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price.