Is 59911, 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, 59911 was a Seller's Market.
Housing Prices in 59911, MT
How much do homes in 59911, MT cost?
Median Sold Price
$749,500
$401/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 59911 was $749,500 in March 2024, down 0.3% from last year, and the median price per square foot was $401.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $407.5K | $380K | -6.7% |
2 Bedrooms | $660.2K | $645K | -2.3% |
3 Bedrooms | $777.5K | $759K | -2.4% |
4 Bedrooms | $1.0M | $1.1M | +17.5% |
5+ Bedrooms | $1.4M | $1.3M | -7.8% |
Summary: 59911 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 decreased by 2.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes decreased by 7.8%.
Housing Supply in 59911, MT
How many homes are available in 59911, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
75 | 87 | +16.0% |
Summary: The 59911 real estate market had 87 homes for sale in March 2024, a 16.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 17 | 18 | +5.9% |
3 Bedrooms | 32 | 35 | +9.4% |
4 Bedrooms | 11 | 15 | +36.4% |
5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The 59911 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 59911 in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for 59911, MT
How long does it take to sell a home in 59911, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
112 Days | 137 Days | +22.0% |
Summary: Homes in 59911 had an average of 137 days on market in Mar 2024, up by 22% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 59911; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.