Is Sanders 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, Sanders County was a Seller's Market.
Housing Prices in Sanders County, MT
How much do homes in Sanders County, MT cost?
Median Sold Price
$437,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Sanders County was $437,000 in June 2024, down 9% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $365K | $307.5K | -15.8% |
2 Bedrooms | $341.5K | $420K | +23.0% |
3 Bedrooms | $474K | $460K | -3.0% |
4 Bedrooms | $547.5K | $435K | -20.5% |
5+ Bedrooms | $710K | $1.4M | +97.2% |
Summary: Sanders County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.8%, 2 bedroom homes increased by 23%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes increased by 97.2%.
Median Sold Price Compared To Nearby Counties
Mineral County | $415K | $440K | +6.0% |
Lake County | $477K | $505K | +5.9% |
Sanders County | $480K | $437K | -9.0% |
Lincoln County | $410.5K | $359K | -12.5% |
Housing Supply in Sanders County, MT
How many homes are available in Sanders County, MT?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
101 | 118 | +16.8% |
Summary: The Sanders County real estate market had 118 homes for sale in June 2024, a 16.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 26 | 33 | +26.9% |
3 Bedrooms | 38 | 49 | +28.9% |
4 Bedrooms | 19 | 17 | -10.5% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Sanders County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 26.9%, 3 bedroom homes increased by 28.9%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Sanders County in June 2024, up by 33.3% month-over-month. Of the 12 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sanders County, MT
How long does it take to sell a home in Sanders County, MT?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
91 Days | 107 Days | +17.3% |
Summary: Homes in Sanders County had an average of 107 days on market in Jun 2024, up by 17.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During June 2024, 12 homes were sold in Sanders County; 25% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.