Is Polson, 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, Polson was a Neutral Market.
Housing Prices in Polson, MT
How much do homes in Polson, MT cost?
Median Sold Price
$523,750
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Polson was $523,750 in April 2024, up 1.7% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | $352K | +6.7% |
2 Bedrooms | $306.5K | $384K | +25.3% |
3 Bedrooms | $505K | $501K | -0.8% |
4 Bedrooms | $833K | $662K | -20.5% |
5+ Bedrooms | $757K | $630K | -16.8% |
Summary: Polson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 25.3%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes decreased by 16.8%.
Median Sold Price Compared To Nearby Cities
Flathead Reservation | $476.3K | $525K | +10.2% |
Polson | $515K | $523.7K | +1.7% |
Housing Supply in Polson, MT
How many homes are available in Polson, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 88 | +33.3% |
Summary: The Polson real estate market had 88 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 12 | 15 | +25.0% |
3 Bedrooms | 28 | 38 | +35.7% |
4 Bedrooms | 15 | 21 | +40.0% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Polson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Polson in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.
Days on Market for Polson, MT
How long does it take to sell a home in Polson, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
88 Days | 90 Days | +1.7% |
Summary: Homes in Polson had an average of 90 days on market in Apr 2024, up by 1.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Polson; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.