Is 59930, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59930 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 59930 was a Seller's Market.

Key Takeaway

59930 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 59930, MT

How much do homes in 59930, MT cost?

Median Sold Price

$491,500

$302/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$47,427(-8.8%)

Key Takeaway

Homes in 59930 have sold for 8.8% less than they did a year ago.

Summary: The median home sold price in 59930 was $491,500 in April 2024, down 8.8% from last year, and the median price per square foot was $302.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $397.4K$260K
-34.6%
2 $665K$535K
-19.5%
3 $538.9K$481.5K
-10.7%
4 $658.7K$732.5K
+11.2%
5+ $1.1M$1.1M
+2.3%

Summary: 59930 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.6%, 2 bedroom homes decreased by 19.5%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Zip Codes

59930
-8.8%
59917
-14.9%

Housing Supply in 59930, MT

How many homes are available in 59930, MT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1725+47.1%

Summary: The 59930 real estate market had 25 homes for sale in April 2024, a 47.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 02
+100.0%
2 58
+60.0%
3 1011
+10.0%
4 12
+100.0%
5+ 12
+100.0%

Summary: The 59930 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were 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 59930, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 59930 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 59930, MT

How long does it take to sell a home in 59930, MT?

Average Sale Time

Apr 2023Apr 2024CHANGE
45 Days284 Days+524.2%

Summary: Homes in 59930 had an average of 284 days on market in Apr 2024, up by 524.2% 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

Breakdown of Home Sale Times

Key Takeaway

Most homes in 59930 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in 59930; 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.

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

Report Updated 12 Days Ago

Newest Listings in 59930, MT

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