Is 59821, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59821 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 59821 was a Buyer's Market.

Key Takeaway

59821 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 59821, MT

How much do homes in 59821, MT cost?

Median Sold Price

$595,000

$277/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$354,000(-37.3%)

Key Takeaway

Homes in 59821 have sold for 37.3% less than they did a month ago.

Summary: The median home sold price in 59821 was $595,000 in November 2024, down 37.3% from last month, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$645K
N/A
4 $949K$545K
-42.6%
5+ --
N/A

Summary: 59821 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 42.6%, and 5+ bedroom homes did not change.

Housing Supply in 59821, MT

How many homes are available in 59821, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11110.0%

Summary: The 59821 real estate market had 11 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 45
+25.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The 59821 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59821, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 59821 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 59821, MT

How long does it take to sell a home in 59821, MT?

Average Sale Time

Oct 2024Nov 2024CHANGE
67 Days110 Days+64.2%

Summary: Homes in 59821 had an average of 110 days on market in Nov 2024, up by 64.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 59821 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 59821; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 7 Days Ago

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