Is Captain John Mullan, 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, Captain John Mullan was a Neutral Market.
Key Takeaway
Captain John Mullan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Captain John Mullan, MT
How much do homes in Captain John Mullan, MT cost?
Median Sold Price
$536,500
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Captain John Mullan have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Captain John Mullan was $536,500 in April 2024, up 1.2% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $382.5K | $340K | -11.1% |
| 3 Bedrooms | $530K | $534.9K | +0.9% |
| 4 Bedrooms | $685.7K | $610K | -11.0% |
| 5+ Bedrooms | $752.5K | $714.9K | -5.0% |
Summary: Captain John Mullan housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Neighborhoods
| Grant Creek | $502.5K | $656.1K | +30.6% |
| Westside | $390.7K | $400K | +2.4% |
| Captain John Mullan | $530K | $536.5K | +1.2% |
Housing Supply in Captain John Mullan, MT
How many homes are available in Captain John Mullan, MT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 49 | +36.1% |
Summary: The Captain John Mullan real estate market had 49 homes for sale in April 2024, a 36.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 19 | 26 | +36.8% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Captain John Mullan housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 36.8%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 11 | +175.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Captain John Mullan, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Captain John Mullan in April 2024, up by 175.0% month-over-month. Of the 11 sold homes, 18% were sold under asking, 55% were sold at asking, and 27% were sold over asking.
Days on Market for Captain John Mullan, MT
How long does it take to sell a home in Captain John Mullan, MT?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 101 Days | +312.4% |
Summary: Homes in Captain John Mullan had an average of 101 days on market in Apr 2024, up by 312.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Captain John Mullan are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 11 homes were sold in Captain John Mullan; 27% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.