Is Deer Lodge County, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Deer Lodge County was a Seller's Market.
Housing Prices in Deer Lodge County, MT
How much do homes in Deer Lodge County, MT cost?
Median Sold Price
$285,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Deer Lodge County was $285,000 in June 2024, up 9.6% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $158.2K | $216K | +36.5% |
2 Bedrooms | $185K | $240K | +29.7% |
3 Bedrooms | $286K | $325K | +13.6% |
4 Bedrooms | $322K | $385K | +19.6% |
5+ Bedrooms | $406.7K | $750K | +84.4% |
Summary: Deer Lodge County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.5%, 2 bedroom homes increased by 29.7%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 84.4%.
Median Sold Price Compared To Nearby Counties
Granite County | $382.3K | $450K | +17.7% |
Beaverhead County | $338.5K | $375K | +10.8% |
Deer Lodge County | $260K | $285K | +9.6% |
Jefferson County | $499.9K | $520K | +4.0% |
Silver Bow County | $260K | $258.6K | -0.5% |
Housing Supply in Deer Lodge County, MT
How many homes are available in Deer Lodge County, MT?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
93 | 115 | +23.7% |
Summary: The Deer Lodge County real estate market had 115 homes for sale in June 2024, a 23.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 15 | +66.7% |
2 Bedrooms | 20 | 25 | +25.0% |
3 Bedrooms | 36 | 38 | +5.6% |
4 Bedrooms | 15 | 18 | +20.0% |
5+ Bedrooms | 13 | 19 | +46.2% |
Summary: The Deer Lodge County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 46.2%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Deer Lodge County in June 2024, up by 25.0% month-over-month. Of the 15 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% were sold over asking.
Days on Market for Deer Lodge County, MT
How long does it take to sell a home in Deer Lodge County, MT?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
32 Days | 93 Days | +190.0% |
Summary: Homes in Deer Lodge County had an average of 93 days on market in Jun 2024, up by 190% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During June 2024, 15 homes were sold in Deer Lodge County; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.