Is 59801, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$520,000
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 59801 was $520,000 in April 2024, up 9.5% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $271K | $320.5K | +18.3% |
2 Bedrooms | $386K | $439K | +13.7% |
3 Bedrooms | $450K | $527K | +17.1% |
4 Bedrooms | $546.5K | $575K | +5.2% |
5+ Bedrooms | $683.6K | $765.5K | +12.0% |
Summary: 59801 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 12%.
Housing Supply in 59801, MT
How many homes are available in 59801, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 93 | +40.9% |
Summary: The 59801 real estate market had 93 homes for sale in April 2024, a 40.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 24 | 29 | +20.8% |
3 Bedrooms | 22 | 38 | +72.7% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The 59801 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 20.8%, 3 bedroom homes increased by 72.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 16 | +77.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 59801 in April 2024, up by 77.8% month-over-month. Of the 16 sold homes, 31% were sold under asking, 38% were sold at asking, and 31% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
200 Days | 53 Days | -73.2% |
Summary: Homes in 59801 had an average of 53 days on market in Apr 2024, down by 73.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in 59801; 38% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.