Is 59522, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59522 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 59522 was a Neutral Market.

Key Takeaway

59522 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 59522, MT

How much do homes in 59522, MT cost?

Median Sold Price

$145,000

$51/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$1,500(-1.0%)

Key Takeaway

Homes in 59522 have sold for 1% less than they did a month ago.

Summary: The median home sold price in 59522 was $145,000 in October 2024, down 1% from last month, and the median price per square foot was $51.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $146.5K$145K
-1.0%
4 --
N/A
5+ --
N/A

Summary: 59522 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 decreased by 1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 59522, MT

How many homes are available in 59522, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The 59522 real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 11
0.0%
5+ 12
+100.0%

Summary: The 59522 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59522, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 59522 in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 59522, MT

How long does it take to sell a home in 59522, MT?

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days48 Days+77.8%

Summary: Homes in 59522 had an average of 48 days on market in Oct 2024, up by 77.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in 59522 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 59522; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in 59522, MT

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