Is 59847, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 59847 was a Seller's Market.
Housing Prices in 59847, MT
How much do homes in 59847, MT cost?
Median Sold Price
$569,000
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 59847 was $569,000 in March 2024, up 10.2% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $430K | $700K | +62.8% |
3 Bedrooms | $468K | $525K | +12.2% |
4 Bedrooms | $540.7K | $569K | +5.2% |
5+ Bedrooms | $709.5K | $697.5K | -1.7% |
Summary: 59847 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 62.8%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in 59847, MT
How many homes are available in 59847, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 28 | +27.3% |
Summary: The 59847 real estate market had 28 homes for sale in March 2024, a 27.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 14 | 17 | +21.4% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 59847 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 remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 59847 in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 59847, MT
How long does it take to sell a home in 59847, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
94 Days | 158 Days | +67.2% |
Summary: Homes in 59847 had an average of 158 days on market in Mar 2024, up by 67.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 59847; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.