Is 59803, 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, 59803 has remained a Seller's Market.
Housing Prices in 59803, MT
How much do homes in 59803, MT cost?
Median Sold Price
$673,500
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 59803 was $673,500 in April 2024, up 12.3% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $270K | N/A |
2 Bedrooms | $379K | $391K | +3.2% |
3 Bedrooms | $552.5K | $590K | +6.8% |
4 Bedrooms | $627.5K | $702K | +11.9% |
5+ Bedrooms | $725K | $760K | +4.8% |
Summary: 59803 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in 59803, MT
How many homes are available in 59803, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 69 | +21.1% |
Summary: The 59803 real estate market had 69 homes for sale in April 2024, a 21.1% increase 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 | 2 | 6 | +200.0% |
3 Bedrooms | 19 | 23 | +21.1% |
4 Bedrooms | 17 | 23 | +35.3% |
5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The 59803 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 200%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 12 | -14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 59803 in April 2024, down by 14.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 42% were sold at asking, and 8% were sold over asking.
Days on Market for 59803, MT
How long does it take to sell a home in 59803, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 109 Days | +76.1% |
Summary: Homes in 59803 had an average of 109 days on market in Apr 2024, up by 76.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in 59803; 17% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.