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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deer Lodge County is a buyer's market

Buyer's
Market

Difference Since September 2020

At the same time last year, Deer Lodge County was a Seller's Market.

Key Takeaway

Deer Lodge County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Deer Lodge County, MT cost?

Median Sold Price

$159,777

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2020

+$6,777(+4.4%)

Key Takeaway

Homes in Deer Lodge County have sold for 4.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2020Sep 2021%
1 $53.7K$67.5K
+25.6%
2 $140K$130K
-7.1%
3 $162.5K$189K
+16.3%
4 $153K$305K
+99.3%
5+ $195K$285K
+46.2%

Median Sold Price Compared To Nearby Counties

Silver Bow County
+9.7%
Beaverhead County
+6.1%
Deer Lodge County
+4.4%

How many homes are available in Deer Lodge County, MT?

Number of Homes For Sale

Aug 2021Sep 2021%
6072+20.0%

Homes For Sale By Bedroom Count

# BEDSAug 2021Sep 2021%
1 65
-16.7%
2 1418
+28.6%
3 2331
+34.8%
4 65
-16.7%
5+ 1113
+18.2%

Number of Homes Sold

Aug 2021Sep 2021%
137-46.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deer Lodge County, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Average Sale Time

Sep 2020Sep 2021%
86 Days30 Days-65.4%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Deer Lodge County are selling fast, if you're buying plan to act quickly.

About Deer Lodge County, MT

There are 72 homes are for sale in Deer Lodge County, MT real estate market. In September 2021 in Deer Lodge County, MT there were 20% more homes for sale than in August 2021. In September 2021 median list price was $159,777 and the average listing age was 30 days. Between August 2021 and September 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 25.6%, 2 bedrooms properties prices decreased by 7.1%, 3 bedrooms properties prices increased by 16.3%, prices of 4 bedrooms properties went up by 99.3%, the cost of 5 bedrooms properties went up by 46.2%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes decreased by 16.7%, volume of 2 bedrooms homes went up by 28.6%, number of 3 bedrooms homes increased by 34.8%, volume of 4 bedrooms homes went down by 16.7%, volume of 5 bedrooms homes went up by 18.2%. In September 2021, from all listings sold in Deer Lodge County, MT there were more than 1 sold above asking price, over 2 sold below and more than 4 were sold right at the asked price.

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