Is Anaconda, 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, Anaconda was a Seller's Market.
Housing Prices in Anaconda, MT
How much do homes in Anaconda, MT cost?
Median Sold Price
$275,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Anaconda was $275,000 in March 2024, up 17% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133K | $360K | +170.7% |
2 Bedrooms | $184.5K | $208.7K | +13.1% |
3 Bedrooms | $282.5K | $290K | +2.7% |
4 Bedrooms | $312K | $372K | +19.2% |
5+ Bedrooms | $222.4K | $467.5K | +110.2% |
Summary: Anaconda housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 170.7%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 110.2%.
Housing Supply in Anaconda, MT
How many homes are available in Anaconda, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 50 | +13.6% |
Summary: The Anaconda real estate market had 50 homes for sale in March 2024, a 13.6% 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 | 15 | 15 | 0.0% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Anaconda 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Anaconda in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Anaconda, MT
How long does it take to sell a home in Anaconda, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 72 Days | +35.0% |
Summary: Homes in Anaconda had an average of 72 days on market in Mar 2024, up by 35% compared to last year.
Breakdown of Home Sale Times
3 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, 4 homes were sold in Anaconda; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.