Is 59759, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59759 is a neutral's market

Buyer's
Market

Difference Since July 2021

At the same time last year, 59759 was a Seller's Market.

Key Takeaway

59759 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 59759, MT cost?

Median Sold Price

$475,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$125,000(+35.7%)

Key Takeaway

Homes in 59759 have sold for 35.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $130K$398K
+206.2%
2 $199K$275K
+38.2%
3 $361.5K$444K
+22.8%
4 $480K$645K
+34.4%
5+ $335K$605K
+80.6%

Median Sold Price Compared To Nearby Zip Codes

59759
+35.7%
59701
+22.0%

How many homes are available in 59759, MT?

Number of Homes For Sale

Jun 2022Jul 2022%
2328+21.7%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 21
-50.0%
2 12
+100.0%
3 1417
+21.4%
4 46
+50.0%
5+ 22
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
440.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59759, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Average Sale Time

Jul 2021Jul 2022%
10 Days47 Days+365.8%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 59759 are selling fast, if you're buying plan to act quickly.

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

About 59759, MT

59759, MT has 28 homes on the market. The inventory of homes for sale in 59759, MT between June 2022 and July 2022 increased by 21.7%. Listings spent 47 days on the market in July 2022, and had a median list price of $475,000 during the same period. Real estate listing prices changed between June 2022 and July 2022: 1 bedroom properties became 206.2% more expensive, the cost of 2 bedrooms properties went up by 38.2%, 3 bedrooms properties prices increased by 22.8%, 4 bedrooms properties prices increased by 34.4%, 5 bedrooms properties became 80.6% more expensive. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went down by 50%, volume of 2 bedrooms homes went up by 100%, volume of 3 bedrooms homes went up by 21.4%, the quantity of 4 bedrooms homes went up by 50%, 5 bedrooms homes inventory did not change. In July 2022, from all listings sold in 59759, MT there were more than 1 sold above asking price, over 0 sold below and more than 3 were sold right at the asked price.