Is 59937, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 59937 was a Seller's Market.
Housing Prices in 59937, MT
How much do homes in 59937, MT cost?
Median Sold Price
$910,750
$522/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 59937 was $910,750 in April 2024, up 7.8% from last year, and the median price per square foot was $522.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $590K | $366.5K | -37.9% |
2 Bedrooms | $544.8K | $635K | +16.6% |
3 Bedrooms | $832.5K | $824.5K | -1.0% |
4 Bedrooms | $1.5M | $1.3M | -16.3% |
5+ Bedrooms | $2.7M | $2.5M | -8.4% |
Summary: 59937 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.9%, 2 bedroom homes increased by 16.6%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes decreased by 8.4%.
Housing Supply in 59937, MT
How many homes are available in 59937, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
158 | 191 | +20.9% |
Summary: The 59937 real estate market had 191 homes for sale in April 2024, a 20.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 12 | -7.7% |
2 Bedrooms | 27 | 33 | +22.2% |
3 Bedrooms | 50 | 67 | +34.0% |
4 Bedrooms | 44 | 50 | +13.6% |
5+ Bedrooms | 24 | 29 | +20.8% |
Summary: The 59937 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 34%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 20.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 18 | -18.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 59937 in April 2024, down by 18.2% month-over-month. Of the 18 sold homes, 72% were sold under asking, 17% were sold at asking, and 11% were sold over asking.
Days on Market for 59937, MT
How long does it take to sell a home in 59937, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
165 Days | 112 Days | -32.0% |
Summary: Homes in 59937 had an average of 112 days on market in Apr 2024, down by 32% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in 59937; 17% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.