Is 59802, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 59802 has remained a Seller's Market.
Housing Prices in 59802, MT
How much do homes in 59802, MT cost?
Median Sold Price
$508,481
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 59802 was $508,481 in April 2024, down 9.2% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $313.7K | $262.5K | -16.3% |
2 Bedrooms | $407K | $385K | -5.4% |
3 Bedrooms | $591.2K | $611.6K | +3.4% |
4 Bedrooms | $600K | $735K | +22.5% |
5+ Bedrooms | $1.0M | $600K | -40.6% |
Summary: 59802 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.3%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes decreased by 40.6%.
Housing Supply in 59802, MT
How many homes are available in 59802, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 56 | +16.7% |
Summary: The 59802 real estate market had 56 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 12 | 15 | +25.0% |
3 Bedrooms | 22 | 21 | -4.5% |
4 Bedrooms | 7 | 12 | +71.4% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 59802 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 59802 in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for 59802, MT
How long does it take to sell a home in 59802, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 69 Days | +96.6% |
Summary: Homes in 59802 had an average of 69 days on market in Apr 2024, up by 96.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in 59802; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.