Is Sanders County, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Sanders County has remained a Buyer's Market.
Housing Prices in Sanders County, MT
How much do homes in Sanders County, MT cost?
Median Sold Price
$450,000
$164/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Sanders County was $450,000 in February 2024, up 24.8% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $580K | - | N/A |
2 Bedrooms | $188.5K | - | N/A |
3 Bedrooms | $360.5K | $450K | +24.8% |
4 Bedrooms | $900K | $365K | -59.4% |
5+ Bedrooms | - | $1.4M | N/A |
Summary: Sanders County housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 24.8%, 4 bedroom homes decreased by 59.4%, and 5+ bedroom homes did not change.
Housing Supply in Sanders County, MT
How many homes are available in Sanders County, MT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
68 | 70 | +2.9% |
Summary: The Sanders County real estate market had 70 homes for sale in February 2024, a 2.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 22 | 20 | -9.1% |
3 Bedrooms | 25 | 26 | +4.0% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Sanders County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Sanders County in February 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% 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
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
109 Days | 195 Days | +79.0% |
Summary: Homes in Sanders County had an average of 195 days on market in Feb 2024, up by 79% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in Sanders County; 14% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 71% of homes were sold over 90 days.