Is Cascade County, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cascade County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Cascade County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cascade County, MT

How much do homes in Cascade County, MT cost?

Median Sold Price

$318,603

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$21,395(+7.2%)

Key Takeaway

Homes in Cascade County have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Cascade County was $318,603 in March 2024, up 7.2% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $143.5K$163K
+13.6%
2 $195K$220K
+12.8%
3 $280K$310K
+10.7%
4 $315.5K$339.5K
+7.6%
5+ $415K$428.5K
+3.3%

Summary: Cascade County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 3.3%.

Median Sold Price Compared To Nearby Counties

Chouteau County
+63.3%
Meagher County
+43.1%
Teton County
+14.1%
Cascade County
+7.2%
Lewis and Clark County
0.4%

Housing Supply in Cascade County, MT

How many homes are available in Cascade County, MT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
239257+7.5%

Summary: The Cascade County real estate market had 257 homes for sale in March 2024, a 7.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 119
-18.2%
2 4849
+2.1%
3 6571
+9.2%
4 6979
+14.5%
5+ 4649
+6.5%

Summary: The Cascade County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 6.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5461+13.0%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cascade County, you may be able to get a good deal. 59% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in Cascade County in March 2024, up by 13.0% month-over-month. Of the 61 sold homes, 59% were sold under asking, 20% were sold at asking, and 21% were sold over asking.

Days on Market for Cascade County, MT

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

Average Sale Time

Mar 2023Mar 2024CHANGE
72 Days77 Days+6.6%

Summary: Homes in Cascade County had an average of 77 days on market in Mar 2024, up by 6.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cascade County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 61 homes were sold in Cascade County; 28% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 38% 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 18 Days Ago

Newest Listings in Cascade County, MT

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