Is 59436, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59436 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 59436 was a Seller's Market.

Key Takeaway

59436 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 59436, MT

How much do homes in 59436, MT cost?

Median Sold Price

$290,000

$140/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$65,000(+28.9%)

Key Takeaway

Homes in 59436 have sold for 28.9% more than they did a month ago.

Summary: The median home sold price in 59436 was $290,000 in October 2024, up 28.9% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $100K-
N/A
2 $435K-
N/A
3 -$290K
N/A
4 --
N/A
5+ $225K-
N/A

Summary: 59436 housing prices by bedroom type for October 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 59436, MT

How many homes are available in 59436, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1613-18.8%

Summary: The 59436 real estate market had 13 homes for sale in October 2024, a 18.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 54
-20.0%
3 66
0.0%
4 21
-50.0%
5+ 22
0.0%

Summary: The 59436 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59436, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 59436 in October 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 59436, MT

How long does it take to sell a home in 59436, MT?

Average Sale Time

Sep 2024Oct 2024CHANGE
152 Days304 Days+99.6%

Summary: Homes in 59436 had an average of 304 days on market in Oct 2024, up by 99.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 59436 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in 59436; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 14 Days Ago

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