Is Park County, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Park County is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Park County has remained a Seller's Market.

Key Takeaway

Park County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Park County, MT cost?

Median Sold Price

$522,500

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$112,500(+27.4%)

Key Takeaway

Homes in Park County have sold for 27.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $258.5K$354.5K
+37.1%
2 $301.2K$362.5K
+20.3%
3 $415K$525K
+26.5%
4 $489K$600K
+22.7%
5+ $604K$759.9K
+25.8%

Median Sold Price Compared To Nearby Counties

Park County
+27.4%
Sweet Grass County
+22.2%
Gallatin County
+14.5%

How many homes are available in Park County, MT?

Number of Homes For Sale

Sep 2022Oct 2022%
10297-4.9%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 54
-20.0%
2 2117
-19.0%
3 4043
+7.5%
4 2826
-7.1%
5+ 87
-12.5%

Number of Homes Sold

Sep 2022Oct 2022%
1619+18.8%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Park County, you may be able to get a good deal. 84.2% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
17 Days46 Days+161.8%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Park County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Park County, MT

There are 97 homes are for sale in Park County, MT real estate market. The inventory of homes for sale in Park County, MT between September 2022 and October 2022 decreased by 4.9%. While the average time on the market in October 2022 was 46 days, the median list price was $522,500. Real estate listing prices changed between September 2022 and October 2022: 1 bedroom properties prices increased by 37.1%, the cost of 2 bedrooms properties went up by 20.3%, 3 bedrooms properties became 26.5% more expensive, prices of 4 bedrooms properties increased by 22.7%, prices of 5 bedrooms properties went up by 25.8%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 20%, number of 2 bedrooms homes decreased by 19%, 3 bedrooms homes inventory increased by 7.5%, 4 bedrooms homes became 7.1% less available, volume of 5 bedrooms homes went down by 12.5%. Park County, MT housing market in October 2022 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 16 sold below.

Related Housing Market Reports