Is Kalispell Northwest, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Kalispell Northwest was a Seller's Market.
Key Takeaway
Kalispell Northwest is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kalispell Northwest, MT
How much do homes in Kalispell Northwest, MT cost?
Median Sold Price
$740,000
$366/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Kalispell Northwest have sold for 17.4% less than they did a year ago.
Summary: The median home sold price in Kalispell Northwest was $740,000 in March 2024, down 17.4% from last year, and the median price per square foot was $366.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.4M | $735K | -51.0% |
| 2 Bedrooms | $575K | $750K | +30.4% |
| 3 Bedrooms | $707.5K | $695K | -1.8% |
| 4 Bedrooms | $1.2M | $725K | -41.4% |
| 5+ Bedrooms | $1.4M | $868.5K | -41.1% |
Summary: Kalispell Northwest housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51%, 2 bedroom homes increased by 30.4%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 41.4%, and 5+ bedroom homes decreased by 41.1%.
Median Sold Price Compared To Nearby Cities
| Kalispell Southwest | $650K | $605K | -6.9% |
| Kalispell Northwest | $896K | $740K | -17.4% |
Housing Supply in Kalispell Northwest, MT
How many homes are available in Kalispell Northwest, MT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Kalispell Northwest real estate market had 26 homes for sale in March 2024, a 13.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Kalispell Northwest housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kalispell Northwest, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Kalispell Northwest in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Kalispell Northwest, MT
How long does it take to sell a home in Kalispell Northwest, MT?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 151 Days | 148 Days | -1.9% |
Summary: Homes in Kalispell Northwest had an average of 148 days on market in Mar 2024, down by 1.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Kalispell Northwest are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 3 homes were sold in Kalispell Northwest; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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.