Is 59635, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59635 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 59635 has remained a Seller's Market.

Key Takeaway

59635 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 59635, MT

How much do homes in 59635, MT cost?

Median Sold Price

$440,000

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,400(-3.4%)

Key Takeaway

Homes in 59635 have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in 59635 was $440,000 in October 2024, down 3.4% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K$260K
+4.0%
2 $308.3K$323K
+4.8%
3 $447.5K$422.1K
-5.7%
4 $475K$513.6K
+8.1%
5+ $735K$740K
+0.7%

Summary: 59635 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Zip Codes

59634
+7.4%
59602
+6.4%
59601
0.0%
59635
-3.4%

Housing Supply in 59635, MT

How many homes are available in 59635, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6077+28.3%

Summary: The 59635 real estate market had 77 homes for sale in October 2024, a 28.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 3747
+27.0%
4 1114
+27.3%
5+ 710
+42.9%

Summary: The 59635 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 increased by 20%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
914+55.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59635, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 59635 in October 2024, up by 55.6% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for 59635, MT

How long does it take to sell a home in 59635, MT?

Average Sale Time

Oct 2023Oct 2024CHANGE
68 Days79 Days+15.3%

Summary: Homes in 59635 had an average of 79 days on market in Oct 2024, up by 15.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 59635 has remained consistent over time.

Summary: During October 2024, 14 homes were sold in 59635; 7% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 36% 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 4 Days Ago

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