Is Bigfork, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bigfork was a Buyer's Market.
Housing Prices in Bigfork, MT
How much do homes in Bigfork, MT cost?
Median Sold Price
$720,000
$399/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bigfork was $720,000 in April 2024, down 4% from last year, and the median price per square foot was $399.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $433.7K | $366K | -15.6% |
2 Bedrooms | $665K | $578.6K | -13.0% |
3 Bedrooms | $775K | $759.5K | -2.0% |
4 Bedrooms | $1.0M | $1.1M | +11.6% |
5+ Bedrooms | $1.3M | $1.1M | -16.4% |
Summary: Bigfork housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.6%, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes decreased by 16.4%.
Median Sold Price Compared To Nearby Cities
South Fork | $417.5K | $700K | +67.7% |
Woods Bay-Rollins | $905.1K | $900K | -0.6% |
Creston-Bigfork | $733K | $720K | -1.8% |
Bigfork | $750K | $720K | -4.0% |
Housing Supply in Bigfork, MT
How many homes are available in Bigfork, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 105 | +23.5% |
Summary: The Bigfork real estate market had 105 homes for sale in April 2024, a 23.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 17 | 23 | +35.3% |
3 Bedrooms | 34 | 39 | +14.7% |
4 Bedrooms | 16 | 21 | +31.3% |
5+ Bedrooms | 14 | 18 | +28.6% |
Summary: The Bigfork housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 35.3%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 17 | +183.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Bigfork in April 2024, up by 183.3% month-over-month. Of the 17 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Bigfork, MT
How long does it take to sell a home in Bigfork, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 118 Days | +82.6% |
Summary: Homes in Bigfork had an average of 118 days on market in Apr 2024, up by 82.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Bigfork; 12% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 53% of homes were sold over 90 days.