Is Seeley Lake-Blackfoot Valley, 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, Seeley Lake-Blackfoot Valley was a Neutral Market.
Housing Prices in Seeley Lake-Blackfoot Valley, MT
How much do homes in Seeley Lake-Blackfoot Valley, MT cost?
Median Sold Price
$507,450
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Seeley Lake-Blackfoot Valley was $507,450 in April 2024, down 15.4% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $320K | $485K | +51.6% |
2 Bedrooms | $497.5K | $490K | -1.5% |
3 Bedrooms | $609.9K | $486.2K | -20.3% |
4 Bedrooms | $768K | $656.9K | -14.5% |
5+ Bedrooms | $1.2M | $672.5K | -44.0% |
Summary: Seeley Lake-Blackfoot Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.6%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 20.3%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes decreased by 44%.
Median Sold Price Compared To Nearby Cities
Seeley Lake-Blackfoot Valley | $599.9K | $507.4K | -15.4% |
Seeley Lake | $599.9K | $492.5K | -17.9% |
Housing Supply in Seeley Lake-Blackfoot Valley, MT
How many homes are available in Seeley Lake-Blackfoot Valley, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 53 | +71.0% |
Summary: The Seeley Lake-Blackfoot Valley real estate market had 53 homes for sale in April 2024, a 71.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 14 | 27 | +92.9% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 2 | 6 | +200.0% |
Summary: The Seeley Lake-Blackfoot Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 92.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Seeley Lake-Blackfoot Valley in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Seeley Lake-Blackfoot Valley, MT
How long does it take to sell a home in Seeley Lake-Blackfoot Valley, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
113 Days | 230 Days | +103.4% |
Summary: Homes in Seeley Lake-Blackfoot Valley had an average of 230 days on market in Apr 2024, up by 103.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Seeley Lake-Blackfoot Valley; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.