Is 59741, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 59741 was a Neutral Market.
Housing Prices in 59741, MT
How much do homes in 59741, MT cost?
Median Sold Price
$638,000
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 59741 was $638,000 in April 2024, up 1.3% from last year, and the median price per square foot was $312.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $450K | $228K | -49.3% |
2 Bedrooms | $375K | $416K | +10.9% |
3 Bedrooms | $572.5K | $579.2K | +1.2% |
4 Bedrooms | $815K | $752.4K | -7.7% |
5+ Bedrooms | $682K | $885K | +29.8% |
Summary: 59741 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.3%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 29.8%.
Housing Supply in 59741, MT
How many homes are available in 59741, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 27 | -10.0% |
Summary: The 59741 real estate market had 27 homes for sale in April 2024, a 10.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 59741 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 59741 in April 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 59741, MT
How long does it take to sell a home in 59741, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
158 Days | 36 Days | -77.1% |
Summary: Homes in 59741 had an average of 36 days on market in Apr 2024, down by 77.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 59741; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.