Is 59730, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59730 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 59730 has remained a Buyer's Market.

Key Takeaway

59730 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 59730, MT

How much do homes in 59730, MT cost?

Median Sold Price

$1,217,500

$731/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$117,500(+10.7%)

Key Takeaway

Homes in 59730 have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in 59730 was $1,217,500 in November 2024, up 10.7% from last year, and the median price per square foot was $731.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $453.7K$475K
+4.7%
2 $792.5K$813.1K
+2.6%
3 $1.2M$1.0M
-14.9%
4 $2.5M$1.9M
-23.6%
5+ $3.4M$7.3M
+112.4%

Summary: 59730 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes decreased by 23.6%, and 5+ bedroom homes increased by 112.4%.

Median Sold Price Compared To Nearby Zip Codes

59741
+20.4%
59730
+10.7%
59718
+1.0%

Housing Supply in 59730, MT

How many homes are available in 59730, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7475+1.4%

Summary: The 59730 real estate market had 75 homes for sale in November 2024, a 1.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 78
+14.3%
2 1310
-23.1%
3 2322
-4.3%
4 1819
+5.6%
5+ 1316
+23.1%

Summary: The 59730 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

4 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 59730, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 59730 in November 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 59730, MT

How long does it take to sell a home in 59730, MT?

Average Sale Time

Nov 2023Nov 2024CHANGE
89 Days154 Days+73.4%

Summary: Homes in 59730 had an average of 154 days on market in Nov 2024, up by 73.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 59730 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 59730; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 59730, MT

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