Is Teton County, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Teton County has remained a Neutral Market.
Housing Prices in Teton County, MT
How much do homes in Teton County, MT cost?
Median Sold Price
$279,500
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Teton County was $279,500 in March 2024, up 14.1% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $178.5K | $154.9K | -13.2% |
2 Bedrooms | $201.2K | $260K | +29.2% |
3 Bedrooms | $245K | $250K | +2.0% |
4 Bedrooms | $295K | $327K | +10.8% |
5+ Bedrooms | $425K | $485K | +14.1% |
Summary: Teton County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.2%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Counties
Teton County | $245K | $279.5K | +14.1% |
Cascade County | $297.2K | $318.6K | +7.2% |
Pondera County | $209.9K | $217.5K | +3.6% |
Lewis and Clark County | $448.1K | $450K | 0.4% |
Flathead County | $627.3K | $629.4K | 0.3% |
Housing Supply in Teton County, MT
How many homes are available in Teton County, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 25 | +4.2% |
Summary: The Teton County real estate market had 25 homes for sale in March 2024, a 4.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Teton County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Teton County in March 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Teton County, MT
How long does it take to sell a home in Teton County, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
167 Days | 123 Days | -26.2% |
Summary: Homes in Teton County had an average of 123 days on market in Mar 2024, down by 26.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Teton County; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.