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 October 2021

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

$225,000

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$56,000(+33.1%)

Key Takeaway

Homes in Deer Lodge County have sold for 33.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $70K$125K
+78.6%
2 $140K$199K
+42.1%
3 $195.5K$250K
+27.9%
4 $305K$321K
+5.2%
5+ $330K$502.5K
+52.3%

Median Sold Price Compared To Nearby Counties

Deer Lodge County
+33.1%
Beaverhead County
+27.6%
Silver Bow County
+21.4%

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

Number of Homes For Sale

Sep 2022Oct 2022%
5658+3.6%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 52
-60.0%
2 1617
+6.3%
3 1921
+10.5%
4 1212
0.0%
5+ 46
+50.0%

Number of Homes Sold

Sep 2022Oct 2022%
106-40.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deer Lodge County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
25 Days21 Days-16.3%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Deer Lodge County, MT

Deer Lodge County, MT has 58 homes for sale to choose from. The number of listings in Deer Lodge County, MT increased by 3.6% between September 2022 and October 2022. In October 2022, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $225,000. Listing prices have changed in this real estate market between September 2022 and October 2022: 1 bedroom properties prices increased by 78.6%, 2 bedrooms properties prices increased by 42.1%, 3 bedrooms properties became 27.9% more expensive, the cost of 4 bedrooms properties went up by 5.2%, 5 bedrooms properties became 52.3% more expensive. Volume of homes for sale changed: the quantity of 1 bedroom homes went down by 60%, volume of 2 bedrooms homes went up by 6.3%, 3 bedrooms homes inventory increased by 10.5%, volume of 4 bedrooms homes stayed the same, volume of 5 bedrooms homes went up by 50%. In October 2022 more than 0 listings in Deer Lodge County, MT were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below.

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