Is Alberton, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Alberton was a Seller's Market.
Key Takeaway
Alberton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Alberton, MT
How much do homes in Alberton, MT cost?
Median Sold Price
$528,500
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Alberton have sold for 17.5% more than they did a year ago.
Summary: The median home sold price in Alberton was $528,500 in May 2024, up 17.5% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | $181.5K | -45.8% |
| 2 Bedrooms | $385K | $362K | -6.0% |
| 3 Bedrooms | $597.5K | $521.8K | -12.7% |
| 4 Bedrooms | $447.7K | $565.2K | +26.3% |
| 5+ Bedrooms | - | $2.0M | N/A |
Summary: Alberton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.8%, 2 bedroom homes decreased by 6%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Alberton | $449.7K | $528.5K | +17.5% |
| Lolo | $545K | $592.5K | +8.7% |
Housing Supply in Alberton, MT
How many homes are available in Alberton, MT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Alberton real estate market had 12 homes for sale in May 2024, a 20.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Alberton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alberton, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Alberton in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Alberton, MT
How long does it take to sell a home in Alberton, MT?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 52 Days | +79.3% |
Summary: Homes in Alberton had an average of 52 days on market in May 2024, up by 79.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Alberton has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Alberton; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.