Is 59875, 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, 59875 was a Seller's Market.
Housing Prices in 59875, MT
How much do homes in 59875, MT cost?
Median Sold Price
$621,000
$318/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 59875 was $621,000 in March 2024, down 6.9% from last year, and the median price per square foot was $318.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $649K | $618.5K | -4.7% |
2 Bedrooms | $595.9K | $523.5K | -12.2% |
3 Bedrooms | $691K | $460K | -33.4% |
4 Bedrooms | $1.1M | $910K | -20.0% |
5+ Bedrooms | $801K | $750K | -6.4% |
Summary: 59875 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes decreased by 33.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 6.4%.
Housing Supply in 59875, MT
How many homes are available in 59875, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 20 | +42.9% |
Summary: The 59875 real estate market had 20 homes for sale in March 2024, a 42.9% 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 | 3 | 5 | +66.7% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 59875 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 66.7%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
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 59875 in March 2024, up by 50.0% 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 59875, MT
How long does it take to sell a home in 59875, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
82 Days | 94 Days | +14.7% |
Summary: Homes in 59875 had an average of 94 days on market in Mar 2024, up by 14.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 59875; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.