Is Great Falls North, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Great Falls North has remained a Seller's Market.
Key Takeaway
Great Falls North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Great Falls North, MT
How much do homes in Great Falls North, MT cost?
Median Sold Price
$279,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Great Falls North have sold for 11.4% less than they did a year ago.
Summary: The median home sold price in Great Falls North was $279,000 in April 2024, down 11.4% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $160K | $244.9K | +53.1% |
| 3 Bedrooms | $285K | $279K | -2.1% |
| 4 Bedrooms | $365K | $279K | -23.6% |
| 5+ Bedrooms | $500.5K | $299.5K | -40.2% |
Summary: Great Falls North housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 53.1%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 23.6%, and 5+ bedroom homes decreased by 40.2%.
Median Sold Price Compared To Nearby Cities
| Great Falls | $295.3K | $319.9K | +8.3% |
| Black Eagle | $225K | $215K | -4.4% |
| Great Falls North | $315K | $279K | -11.4% |
Housing Supply in Great Falls North, MT
How many homes are available in Great Falls North, MT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Summary: The Great Falls North real estate market had 9 homes for sale in April 2024, a 80.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Great Falls North housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Great Falls North, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Great Falls North in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Great Falls North, MT
How long does it take to sell a home in Great Falls North, MT?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 1 Day | 13 Days | +1200.0% |
Summary: Homes in Great Falls North had an average of 13 days on market in Apr 2024, up by 1200% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Great Falls North are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Great Falls North; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.