Is Victor, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Victor is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Victor has remained a Buyer's Market.

Key Takeaway

Victor is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Victor, MT

How much do homes in Victor, MT cost?

Median Sold Price

$622,000

$332/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$73,500(-10.6%)

Key Takeaway

Homes in Victor have sold for 10.6% less than they did a year ago.

Summary: The median home sold price in Victor was $622,000 in February 2024, down 10.6% from last year, and the median price per square foot was $332.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $473K$618.5K
+30.8%
2 $667K$532K
-20.2%
3 $755K$475K
-37.1%
4 $1.0M$1.0M
+3.8%
5+ $801K$750K
-6.4%

Summary: Victor housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes decreased by 20.2%, 3 bedroom homes decreased by 37.1%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 6.4%.

Median Sold Price Compared To Nearby Cities

Corvallis
+6.9%
Victor
-10.6%

Housing Supply in Victor, MT

How many homes are available in Victor, MT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1617+6.3%

Summary: The Victor real estate market had 17 homes for sale in February 2024, a 6.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 710
+42.9%
4 22
0.0%
5+ 21
-50.0%

Summary: The Victor housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Victor, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Victor in February 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Victor, MT

How long does it take to sell a home in Victor, MT?

Average Sale Time

Feb 2023Feb 2024CHANGE
21 Days91 Days+325.6%

Summary: Homes in Victor had an average of 91 days on market in Feb 2024, up by 325.6% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Victor has remained consistent over time.

Summary: During February 2024, 2 homes were sold in Victor; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Victor, MT

Nearby Markets to Victor, MT

What housing markets are near Victor, MT?