Is 59808, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 59808 has remained a Seller's Market.
Housing Prices in 59808, MT
How much do homes in 59808, MT cost?
Median Sold Price
$534,917
$313/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 59808 was $534,917 in March 2024, down 0.9% from last year, and the median price per square foot was $313.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $317.5K | $296.2K | -6.7% |
2 Bedrooms | $360K | $375K | +4.2% |
3 Bedrooms | $534.9K | $534.9K | 0% |
4 Bedrooms | $630K | $630K | 0.0% |
5+ Bedrooms | $725K | $855.8K | +18.0% |
Summary: 59808 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 4.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 18%.
Housing Supply in 59808, MT
How many homes are available in 59808, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
77 | 88 | +14.3% |
Summary: The 59808 real estate market had 88 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 8 | 15 | +87.5% |
3 Bedrooms | 36 | 38 | +5.6% |
4 Bedrooms | 23 | 24 | +4.3% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 59808 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 87.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 18 | +28.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 59808 in March 2024, up by 28.6% month-over-month. Of the 18 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for 59808, MT
How long does it take to sell a home in 59808, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
92 Days | 153 Days | +65.7% |
Summary: Homes in 59808 had an average of 153 days on market in Mar 2024, up by 65.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in 59808; 17% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.