Is Lakeside, 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, Lakeside was a Seller's Market.
Housing Prices in Lakeside, MT
How much do homes in Lakeside, MT cost?
Median Sold Price
$775,000
$371/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lakeside was $775,000 in May 2024, up 1.3% from last year, and the median price per square foot was $371.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $742.5K | $463K | -37.6% |
3 Bedrooms | $690K | $717K | +3.9% |
4 Bedrooms | $1.0M | $825K | -22.9% |
5+ Bedrooms | $746K | $2.1M | +190.5% |
Summary: Lakeside housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes increased by 190.5%.
Median Sold Price Compared To Nearby Cities
Lakeside | $765K | $775K | +1.3% |
Lakeside-Somers | $786.5K | $775K | -1.5% |
Somers | $740K | $675K | -8.8% |
Housing Supply in Lakeside, MT
How many homes are available in Lakeside, MT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 46 | +15.0% |
Summary: The Lakeside real estate market had 46 homes for sale in May 2024, a 15.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 18 | 21 | +16.7% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Lakeside 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lakeside in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lakeside, MT
How long does it take to sell a home in Lakeside, MT?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
130 Days | 63 Days | -51.3% |
Summary: Homes in Lakeside had an average of 63 days on market in May 2024, down by 51.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Lakeside; 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.