Is 59936, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59936 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 59936 has remained a Seller's Market.

Key Takeaway

59936 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 59936, MT

How much do homes in 59936, MT cost?

Median Sold Price

$1,128,000

$856/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$222,000(-16.4%)

Key Takeaway

Homes in 59936 have sold for 16.4% less than they did a month ago.

Summary: The median home sold price in 59936 was $1,128,000 in April 2024, down 16.4% from last month, and the median price per square foot was $856.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $1.3M$850K
-37.0%
2 --
N/A
3 --
N/A
4 --
N/A
5+ -$1.4M
N/A

Summary: 59936 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 37%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 59936, MT

How many homes are available in 59936, MT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
43-25.0%

Summary: The 59936 real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 00
0.0%
3 00
0.0%
4 00
0.0%
5+ 22
0.0%

Summary: The 59936 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59936, 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 59936 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 59936, MT

How long does it take to sell a home in 59936, MT?

Average Sale Time

Mar 2024Apr 2024CHANGE
239 Days68 Days-71.5%

Summary: Homes in 59936 had an average of 68 days on market in Apr 2024, down by 71.5% 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 59936 has remained consistent over time.

Summary: During April 2024, 2 homes were sold in 59936; 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 2 Days Ago

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