Is Plains, 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, Plains was a Buyer's Market.
Housing Prices in Plains, MT
How much do homes in Plains, MT cost?
Median Sold Price
$433,250
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Plains was $433,250 in April 2024, down 9.6% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $306K | $320K | +4.6% |
2 Bedrooms | $300K | $399K | +33.0% |
3 Bedrooms | $450K | $433.2K | -3.7% |
4 Bedrooms | $677.5K | $604K | -10.8% |
5+ Bedrooms | $550K | $515K | -6.4% |
Summary: Plains housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 33%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 6.4%.
Housing Supply in Plains, MT
How many homes are available in Plains, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 27 | +42.1% |
Summary: The Plains real estate market had 27 homes for sale in April 2024, a 42.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 6 | 12 | +100.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Plains 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Plains in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Plains, MT
How long does it take to sell a home in Plains, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
243 Days | 87 Days | -63.9% |
Summary: Homes in Plains had an average of 87 days on market in Apr 2024, down by 63.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Plains; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.