Is Kalispell, 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, Kalispell was a Seller's Market.
Housing Prices in Kalispell, MT
How much do homes in Kalispell, MT cost?
Median Sold Price
$547,845
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kalispell was $547,845 in April 2024, down 0.4% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $320K | $310K | -3.1% |
2 Bedrooms | $360K | $393.5K | +9.3% |
3 Bedrooms | $515K | $523.5K | +1.7% |
4 Bedrooms | $680K | $677.5K | -0.4% |
5+ Bedrooms | $862.5K | $875K | +1.4% |
Summary: Kalispell housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Cities
Kalispell | $549.8K | $547.8K | -0.4% |
Lakeside-Somers | $798K | $707.5K | -11.3% |
Housing Supply in Kalispell, MT
How many homes are available in Kalispell, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
318 | 372 | +17.0% |
Summary: The Kalispell real estate market had 372 homes for sale in April 2024, a 17.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 7 | +75.0% |
2 Bedrooms | 50 | 54 | +8.0% |
3 Bedrooms | 140 | 175 | +25.0% |
4 Bedrooms | 75 | 89 | +18.7% |
5+ Bedrooms | 49 | 47 | -4.1% |
Summary: The Kalispell housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes decreased by 4.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 59 | -1.7% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in Kalispell in April 2024, down by 1.7% month-over-month. Of the 59 sold homes, 68% were sold under asking, 22% were sold at asking, and 10% were sold over asking.
Days on Market for Kalispell, MT
How long does it take to sell a home in Kalispell, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
105 Days | 125 Days | +18.6% |
Summary: Homes in Kalispell had an average of 125 days on market in Apr 2024, up by 18.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Summary: During April 2024, 59 homes were sold in Kalispell; 12% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.