Is 59421, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59421 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 59421 has remained a Buyer's Market.

Key Takeaway

59421 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 59421, MT

How much do homes in 59421, MT cost?

Median Sold Price

$450,000

$240/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$119,000(+36.0%)

Key Takeaway

Homes in 59421 have sold for 36% more than they did a month ago.

Summary: The median home sold price in 59421 was $450,000 in November 2024, up 36% from last month, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$450K
N/A
3 -$462.5K
N/A
4 $331K-
N/A
5+ --
N/A

Summary: 59421 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 59421, MT

How many homes are available in 59421, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2423-4.2%

Summary: The 59421 real estate market had 23 homes for sale in November 2024, a 4.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 33
0.0%
3 88
0.0%
4 87
-12.5%
5+ 11
0.0%

Summary: The 59421 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were 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 59421, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 59421 in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 59421, MT

How long does it take to sell a home in 59421, MT?

Average Sale Time

Oct 2024Nov 2024CHANGE
175 Days80 Days-54.3%

Summary: Homes in 59421 had an average of 80 days on market in Nov 2024, down by 54.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 59421 has remained consistent over time.

Summary: During November 2024, 3 homes were sold in 59421; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

Newest Listings in 59421, MT

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