Is Powell County, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Powell County was a Neutral Market.
Housing Prices in Powell County, MT
How much do homes in Powell County, MT cost?
Median Sold Price
$279,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Powell County was $279,000 in June 2024, up 13.9% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149.5K | $240K | +60.5% |
2 Bedrooms | $239K | $241K | +0.8% |
3 Bedrooms | $245K | $290K | +18.4% |
4 Bedrooms | $415K | $398K | -4.1% |
5+ Bedrooms | $255K | $219.2K | -14.0% |
Summary: Powell County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.5%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 14%.
Median Sold Price Compared To Nearby Counties
Granite County | $382.3K | $450K | +17.7% |
Powell County | $245K | $279K | +13.9% |
Deer Lodge County | $260K | $285K | +9.6% |
Missoula County | $525K | $550K | +4.8% |
Lewis and Clark County | $430.5K | $445K | +3.4% |
Housing Supply in Powell County, MT
How many homes are available in Powell County, MT?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
40 | 40 | 0.0% |
Summary: The Powell County real estate market had 40 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Powell County housing inventory by bedroom type for June 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 decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
8 | 2 | -75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Powell County in June 2024, down by 75.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Powell County, MT
How long does it take to sell a home in Powell County, MT?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
63 Days | 171 Days | +168.9% |
Summary: Homes in Powell County had an average of 171 days on market in Jun 2024, up by 168.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 2 homes were sold in Powell County; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.