Is Deer Lodge County, 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, Deer Lodge County was a Buyer's Market.
Housing Prices in Deer Lodge County, MT
How much do homes in Deer Lodge County, MT cost?
Median Sold Price
$285,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Deer Lodge County was $285,000 in April 2024, up 9.6% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133K | $252.5K | +89.8% |
2 Bedrooms | $210K | $240K | +14.3% |
3 Bedrooms | $290K | $310K | +6.9% |
4 Bedrooms | $321.5K | $372K | +15.7% |
5+ Bedrooms | $506.7K | $485K | -4.3% |
Summary: Deer Lodge County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 89.8%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Counties
Beaverhead County | $340K | $377.5K | +11.0% |
Deer Lodge County | $260K | $285K | +9.6% |
Silver Bow County | $264.3K | $275K | +4.0% |
Jefferson County | $534.5K | $499.4K | -6.6% |
Housing Supply in Deer Lodge County, MT
How many homes are available in Deer Lodge County, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 80 | +17.6% |
Summary: The Deer Lodge County real estate market had 80 homes for sale in April 2024, a 17.6% 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 | 19 | 20 | +5.3% |
3 Bedrooms | 22 | 31 | +40.9% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Deer Lodge County 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 5.3%, 3 bedroom homes increased by 40.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 14 | +180.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Deer Lodge County in April 2024, up by 180.0% month-over-month. Of the 14 sold homes, 93% were sold under asking, 0% were sold at asking, and 7% were sold over asking.
Days on Market for Deer Lodge County, MT
How long does it take to sell a home in Deer Lodge County, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 94 Days | +59.6% |
Summary: Homes in Deer Lodge County had an average of 94 days on market in Apr 2024, up by 59.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Deer Lodge County; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.