Is 59474, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59474 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 59474 has remained a Seller's Market.

Key Takeaway

59474 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 59474, MT

How much do homes in 59474, MT cost?

Median Sold Price

$210,000

$126/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$12,500(+6.3%)

Key Takeaway

Homes in 59474 have sold for 6.3% more than they did a month ago.

Summary: The median home sold price in 59474 was $210,000 in December 2024, up 6.3% from last month, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $120K-
N/A
3 -$180K
N/A
4 -$240K
N/A
5+ $275K-
N/A

Summary: 59474 housing prices by bedroom type for December 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.

Median Sold Price Compared To Nearby Zip Codes

59474
+6.3%
59425
-33.7%

Housing Supply in 59474, MT

How many homes are available in 59474, MT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
98-11.1%

Summary: The 59474 real estate market had 8 homes for sale in December 2024, a 11.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 23
+50.0%
4 44
0.0%
5+ 10
-100.0%

Summary: The 59474 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59474, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 59474 in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 59474, MT

How long does it take to sell a home in 59474, MT?

Average Sale Time

Nov 2024Dec 2024CHANGE
30 Days31 Days+5.0%

Summary: Homes in 59474 had an average of 31 days on market in Dec 2024, up by 5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 59474 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in 59474; 50% of homes were sold within 30 days, 50% 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 2 Days Ago

Newest Listings in 59474, MT

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