Is Whitefish, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitefish is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Whitefish was a Seller's Market.

Key Takeaway

Whitefish is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Whitefish, MT

How much do homes in Whitefish, MT cost?

Median Sold Price

$920,333

$523/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$80,333(+9.6%)

Key Takeaway

Homes in Whitefish have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Whitefish was $920,333 in April 2024, up 9.6% from last year, and the median price per square foot was $523.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $590K$366.5K
-37.9%
2 $544.8K$635K
+16.6%
3 $832.5K$849K
+2.0%
4 $1.5M$1.3M
-16.3%
5+ $2.8M$2.5M
-12.7%

Summary: Whitefish housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.9%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes decreased by 12.7%.

Housing Supply in Whitefish, MT

How many homes are available in Whitefish, MT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
156189+21.2%

Summary: The Whitefish real estate market had 189 homes for sale in April 2024, a 21.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1312
-7.7%
2 2733
+22.2%
3 5067
+34.0%
4 4349
+14.0%
5+ 2328
+21.7%

Summary: The Whitefish housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 34%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 21.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2218-18.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitefish, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Whitefish in April 2024, down by 18.2% month-over-month. Of the 18 sold homes, 72% were sold under asking, 17% were sold at asking, and 11% were sold over asking.

Days on Market for Whitefish, MT

How long does it take to sell a home in Whitefish, MT?

Average Sale Time

Apr 2023Apr 2024CHANGE
158 Days112 Days-29.4%

Summary: Homes in Whitefish had an average of 112 days on market in Apr 2024, down by 29.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Whitefish are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 18 homes were sold in Whitefish; 17% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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