Is Flathead County, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Flathead County was a Seller's Market.
Housing Prices in Flathead County, MT
How much do homes in Flathead County, MT cost?
Median Sold Price
$629,928
$351/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Flathead County was $629,928 in February 2024, up 0.2% from last year, and the median price per square foot was $351.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $457.4K | $377.5K | -17.5% |
2 Bedrooms | $499K | $495K | -0.8% |
3 Bedrooms | $588.8K | $599.2K | +1.8% |
4 Bedrooms | $809.5K | $771.6K | -4.7% |
5+ Bedrooms | $1.1M | $917.5K | -18.4% |
Summary: Flathead County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.5%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 18.4%.
Median Sold Price Compared To Nearby Counties
Glacier County | $163K | $183.4K | +12.5% |
Pondera County | $205.9K | $221.5K | +7.6% |
Lake County | $499.9K | $513K | +2.6% |
Flathead County | $628.8K | $629.9K | 0.2% |
Lincoln County | $437.5K | $355K | -18.9% |
Housing Supply in Flathead County, MT
How many homes are available in Flathead County, MT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
616 | 676 | +9.7% |
Summary: The Flathead County real estate market had 676 homes for sale in February 2024, a 9.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 32 | 34 | +6.3% |
2 Bedrooms | 96 | 112 | +16.7% |
3 Bedrooms | 232 | 260 | +12.1% |
4 Bedrooms | 163 | 167 | +2.5% |
5+ Bedrooms | 93 | 103 | +10.8% |
Summary: The Flathead County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 10.8%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
69 | 75 | +8.7% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 75 homes were sold or pending in Flathead County in February 2024, up by 8.7% month-over-month. Of the 75 sold homes, 63% were sold under asking, 20% were sold at asking, and 17% were sold over asking.
Days on Market for Flathead County, MT
How long does it take to sell a home in Flathead County, MT?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
111 Days | 121 Days | +9.0% |
Summary: Homes in Flathead County had an average of 121 days on market in Feb 2024, up by 9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
46 Homes Were Sold
Over 90 Days
Summary: During February 2024, 75 homes were sold in Flathead County; 15% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 61% of homes were sold over 90 days.