Is Mineral 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, 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
$427,450
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Mineral County was $427,450 in February 2024, down 5% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | $345K | -4.2% |
2 Bedrooms | $385K | $402.5K | +4.5% |
3 Bedrooms | $547.5K | $425K | -22.4% |
4 Bedrooms | $450K | $429.9K | -4.5% |
5+ Bedrooms | $2.2M | $1.6M | -27.0% |
Summary: Mineral County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 22.4%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 27%.
Median Sold Price Compared To Nearby Counties
Missoula County | $541.6K | $559.5K | +3.3% |
Mineral County | $450K | $427.4K | -5.0% |
Housing Supply in Mineral County, MT
How many homes are available in Mineral County, MT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Summary: The Mineral County real estate market had 23 homes for sale in February 2024, a 4.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Mineral County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Mineral County in February 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
152 Days | 10 Days | -93.4% |
Summary: Homes in Mineral County had an average of 10 days on market in Feb 2024, down by 93.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in Mineral County; 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.