Is Beaverhead County, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Beaverhead County has remained a Seller's Market.
Housing Prices in Beaverhead County, MT
How much do homes in Beaverhead County, MT cost?
Median Sold Price
$372,500
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Beaverhead County was $372,500 in March 2024, up 6.7% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $177.2K | - | N/A |
2 Bedrooms | $227.5K | $226.2K | -0.5% |
3 Bedrooms | $375K | $365K | -2.7% |
4 Bedrooms | $388K | $499K | +28.6% |
5+ Bedrooms | $495K | $450K | -9.1% |
Summary: Beaverhead County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 9.1%.
Median Sold Price Compared To Nearby Counties
Deer Lodge County | $255K | $287K | +12.5% |
Beaverhead County | $349K | $372.5K | +6.7% |
Silver Bow County | $259.7K | $275.7K | +6.1% |
Madison County | $650K | $517K | -20.5% |
Housing Supply in Beaverhead County, MT
How many homes are available in Beaverhead County, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 50 | -7.4% |
Summary: The Beaverhead County real estate market had 50 homes for sale in March 2024, a 7.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 12 | 10 | -16.7% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Beaverhead County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Beaverhead County in March 2024, up by 120.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Beaverhead County, MT
How long does it take to sell a home in Beaverhead County, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 62 Days | -4.4% |
Summary: Homes in Beaverhead County had an average of 62 days on market in Mar 2024, down by 4.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Beaverhead County; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.