Is Montgomery County, KS a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Montgomery County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Montgomery County was a Seller's Market.

Key Takeaway

Montgomery County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Montgomery County, KS

How much do homes in Montgomery County, KS cost?

Median Sold Price

$78,000

$67/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$297,000(-79.2%)

Key Takeaway

Homes in Montgomery County have sold for 79.2% less than they did a month ago.

Summary: The median home sold price in Montgomery County was $78,000 in November 2024, down 79.2% from last month, and the median price per square foot was $67.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $375K$78K
-79.2%
4 --
N/A
5+ --
N/A

Summary: Montgomery County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 79.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Montgomery County, KS

How many homes are available in Montgomery County, KS?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
181179-1.1%

Summary: The Montgomery County real estate market had 179 homes for sale in November 2024, a 1.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 3735
-5.4%
3 9697
+1.0%
4 3331
-6.1%
5+ 1213
+8.3%

Summary: The Montgomery County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4727-42.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Montgomery County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Montgomery County in November 2024, down by 42.6% month-over-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 Montgomery County, KS

How long does it take to sell a home in Montgomery County, KS?

Average Sale Time

Oct 2024Nov 2024CHANGE
165 Days3 Days-98.2%

Summary: Homes in Montgomery County had an average of 3 days on market in Nov 2024, down by 98.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Montgomery County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 27 homes were sold in Montgomery County; 4% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Montgomery County, KS

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