Is Anaconda, 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, Anaconda was a Seller's Market.
Housing Prices in Anaconda, MT
How much do homes in Anaconda, MT cost?
Median Sold Price
$265,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Anaconda was $265,000 in May 2024, up 10.6% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149K | $317.5K | +113.1% |
2 Bedrooms | $180K | $222.5K | +23.6% |
3 Bedrooms | $285K | $287K | +0.7% |
4 Bedrooms | $315K | $430.3K | +36.6% |
5+ Bedrooms | $450K | $360K | -20.0% |
Summary: Anaconda housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 113.1%, 2 bedroom homes increased by 23.6%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 36.6%, and 5+ bedroom homes decreased by 20%.
Housing Supply in Anaconda, MT
How many homes are available in Anaconda, MT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
64 | 73 | +14.1% |
Summary: The Anaconda real estate market had 73 homes for sale in May 2024, a 14.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 8 | +60.0% |
2 Bedrooms | 19 | 18 | -5.3% |
3 Bedrooms | 25 | 27 | +8.0% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Anaconda housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Anaconda in May 2024, the same as the previous month. Of the 12 sold homes, 92% were sold under asking, 0% were sold at asking, and 8% were sold over asking.
Days on Market for Anaconda, MT
How long does it take to sell a home in Anaconda, MT?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 78 Days | +84.3% |
Summary: Homes in Anaconda had an average of 78 days on market in May 2024, up by 84.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Anaconda; 50% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.