Is 59801, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, 59801 has remained a Seller's Market.
Housing Prices in 59801, MT
How much do homes in 59801, MT cost?
Median Sold Price
$503,333
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in 59801 was $503,333 in June 2024, up 11.9% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $278.5K | $300.5K | +7.9% |
2 Bedrooms | $386K | $425K | +10.1% |
3 Bedrooms | $430K | $502.5K | +16.9% |
4 Bedrooms | $570K | $578K | +1.4% |
5+ Bedrooms | $681K | $765.5K | +12.4% |
Summary: 59801 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 12.4%.
Housing Supply in 59801, MT
How many homes are available in 59801, MT?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
118 | 133 | +12.7% |
Summary: The 59801 real estate market had 133 homes for sale in June 2024, a 12.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 36 | 37 | +2.8% |
3 Bedrooms | 42 | 53 | +26.2% |
4 Bedrooms | 23 | 24 | +4.3% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The 59801 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 26.2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
25 | 33 | +32.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 59801 in June 2024, up by 32.0% month-over-month. Of the 33 sold homes, 36% were sold under asking, 30% were sold at asking, and 33% were sold over asking.
Days on Market for 59801, MT
How long does it take to sell a home in 59801, MT?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
37 Days | 38 Days | +5.1% |
Summary: Homes in 59801 had an average of 38 days on market in Jun 2024, up by 5.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 33 homes were sold in 59801; 42% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.