Is Ronan, 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, Ronan was a Seller's Market.
Housing Prices in Ronan, MT
How much do homes in Ronan, MT cost?
Median Sold Price
$413,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ronan was $413,000 in March 2024, up 40.2% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $188.7K | N/A |
2 Bedrooms | $270.4K | $252.5K | -6.7% |
3 Bedrooms | $278.5K | $496K | +78.1% |
4 Bedrooms | $471K | $420K | -10.8% |
5+ Bedrooms | $434K | $495K | +14.1% |
Summary: Ronan housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 78.1%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Cities
Ronan | $294.5K | $413K | +40.2% |
Flathead Reservation | $499.9K | $514.5K | +2.9% |
Housing Supply in Ronan, MT
How many homes are available in Ronan, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 16 | +33.3% |
Summary: The Ronan real estate market had 16 homes for sale in March 2024, a 33.3% 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 | 2 | 5 | +150.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ronan 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 increased by 150%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
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 Ronan in March 2024, up by 100.0% 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 Ronan, MT
How long does it take to sell a home in Ronan, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
169 Days | 139 Days | -18.0% |
Summary: Homes in Ronan had an average of 139 days on market in Mar 2024, down by 18% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Ronan; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.