Is Woods Bay-Rollins, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woods Bay-Rollins is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Woods Bay-Rollins was a Neutral Market.

Key Takeaway

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

Housing Prices in Woods Bay-Rollins, MT

How much do homes in Woods Bay-Rollins, MT cost?

Median Sold Price

$905,000

$410/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$40,500(-4.3%)

Key Takeaway

Homes in Woods Bay-Rollins have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Woods Bay-Rollins was $905,000 in March 2024, down 4.3% from last year, and the median price per square foot was $410.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $407.5K$425K
+4.3%
2 $926K$667.7K
-27.9%
3 $849.7K$777.5K
-8.5%
4 $925K$1.1M
+24.3%
5+ $5.9M$2.2M
-61.7%

Summary: Woods Bay-Rollins housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes decreased by 27.9%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes decreased by 61.7%.

Median Sold Price Compared To Nearby Cities

Lakeside
+6.9%
Bigfork
-0.6%
Woods Bay-Rollins
-4.3%

Housing Supply in Woods Bay-Rollins, MT

How many homes are available in Woods Bay-Rollins, MT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3031+3.3%

Summary: The Woods Bay-Rollins real estate market had 31 homes for sale in March 2024, a 3.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 44
0.0%
3 1010
0.0%
4 1111
0.0%
5+ 45
+25.0%

Summary: The Woods Bay-Rollins housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Woods Bay-Rollins, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Woods Bay-Rollins in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Woods Bay-Rollins, MT

How long does it take to sell a home in Woods Bay-Rollins, MT?

Average Sale Time

Mar 2023Mar 2024CHANGE
94 Days129 Days+36.5%

Summary: Homes in Woods Bay-Rollins had an average of 129 days on market in Mar 2024, up by 36.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Woods Bay-Rollins are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 3 homes were sold in Woods Bay-Rollins; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 18 Days Ago

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