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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitefish is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Whitefish was a Seller's Market.

Key Takeaway

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

Housing Prices in Whitefish, MT

How much do homes in Whitefish, MT cost?

Median Sold Price

$897,000

$524/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$42,166(+4.9%)

Key Takeaway

Homes in Whitefish have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Whitefish was $897,000 in February 2024, up 4.9% from last year, and the median price per square foot was $524.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $545K$359.1K
-34.1%
2 $556K$579.5K
+4.2%
3 $856K$860K
0.5%
4 $1.5M$1.6M
+9.8%
5+ $2.8M$2.5M
-12.7%

Summary: Whitefish housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.1%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 12.7%.

Housing Supply in Whitefish, MT

How many homes are available in Whitefish, MT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
150164+9.3%

Summary: The Whitefish real estate market had 164 homes for sale in February 2024, a 9.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 1213
+8.3%
2 2229
+31.8%
3 4751
+8.5%
4 4444
0.0%
5+ 2527
+8.0%

Summary: The Whitefish housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 8.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 8%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1413-7.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitefish, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Whitefish in February 2024, down by 7.1% month-over-month. Of the 13 sold homes, 46% were sold under asking, 38% were sold at asking, and 15% were sold over asking.

Days on Market for Whitefish, MT

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

Average Sale Time

Feb 2023Feb 2024CHANGE
132 Days79 Days-39.9%

Summary: Homes in Whitefish had an average of 79 days on market in Feb 2024, down by 39.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 13 homes were sold in Whitefish; 23% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 31% 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 28 Days Ago

Newest Listings in Whitefish, MT

Nearby Markets to Whitefish, MT