Is Townsend West, 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, Townsend West was a Neutral Market.
Housing Prices in Townsend West, MT
How much do homes in Townsend West, MT cost?
Median Sold Price
$586,236
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Townsend West was $586,236 in April 2024, down 5.1% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $387.5K | $272.4K | -29.7% |
2 Bedrooms | $365K | $390K | +6.8% |
3 Bedrooms | $575K | $555K | -3.5% |
4 Bedrooms | $677.2K | $719K | +6.2% |
5+ Bedrooms | $765K | $695K | -9.2% |
Summary: Townsend West housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.7%, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Cities
Townsend | $387.2K | $390K | +0.7% |
Townsend West | $617.5K | $586.2K | -5.1% |
Housing Supply in Townsend West, MT
How many homes are available in Townsend West, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 34 | +21.4% |
Summary: The Townsend West real estate market had 34 homes for sale in April 2024, a 21.4% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Townsend West 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 50%, 3 bedroom homes increased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Townsend West in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Townsend West, MT
How long does it take to sell a home in Townsend West, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
112 Days | 69 Days | -38.5% |
Summary: Homes in Townsend West had an average of 69 days on market in Apr 2024, down by 38.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Townsend West; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.