Is Mineral County, 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, Mineral County was a Seller's Market.
Housing Prices in Mineral County, MT
How much do homes in Mineral County, MT cost?
Median Sold Price
$425,000
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mineral County was $425,000 in March 2024, down 3.7% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $352.5K | $200K | -43.3% |
2 Bedrooms | $347.5K | $402.5K | +15.8% |
3 Bedrooms | $495K | $425K | -14.1% |
4 Bedrooms | $450K | $429.9K | -4.5% |
5+ Bedrooms | $1.2M | $1.6M | +32.8% |
Summary: Mineral County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.3%, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 32.8%.
Median Sold Price Compared To Nearby Counties
Sanders County | $417.5K | $459K | +9.9% |
Missoula County | $544.7K | $560.4K | +2.9% |
Mineral County | $441.2K | $425K | -3.7% |
Housing Supply in Mineral County, MT
How many homes are available in Mineral County, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 29 | +20.8% |
Summary: The Mineral County real estate market had 29 homes for sale in March 2024, a 20.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 7 | +40.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mineral County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Mineral County in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Mineral County, MT
How long does it take to sell a home in Mineral County, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
114 Days | 113 Days | -0.9% |
Summary: Homes in Mineral County had an average of 113 days on market in Mar 2024, down by 0.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Mineral County; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.