Is Granite County, 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, Granite County was a Seller's Market.
Housing Prices in Granite County, MT
How much do homes in Granite County, MT cost?
Median Sold Price
$420,069
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Granite County was $420,069 in May 2024, up 19.2% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $392.5K | $420K | +7.0% |
2 Bedrooms | $300K | $292K | -2.7% |
3 Bedrooms | $375K | $407.5K | +8.7% |
4 Bedrooms | $925K | $499.7K | -46.0% |
5+ Bedrooms | $995.8K | $1.2M | +20.5% |
Summary: Granite County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 46%, and 5+ bedroom homes increased by 20.5%.
Median Sold Price Compared To Nearby Counties
Granite County | $352.5K | $420K | +19.2% |
Deer Lodge County | $259.9K | $285K | +9.7% |
Powell County | $245K | $268.5K | +9.6% |
Missoula County | $530K | $549.3K | +3.6% |
Ravalli County | $577.8K | $595K | +3.0% |
Housing Supply in Granite County, MT
How many homes are available in Granite County, MT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 42 | 0.0% |
Summary: The Granite County real estate market had 42 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 12 | 11 | -8.3% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Granite County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
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 Granite County in May 2024, down by 33.3% 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 Granite County, MT
How long does it take to sell a home in Granite County, MT?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
187 Days | 174 Days | -7.1% |
Summary: Homes in Granite County had an average of 174 days on market in May 2024, down by 7.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Granite County; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.