Is 59752, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59752 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 59752 was a Seller's Market.

Key Takeaway

59752 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 59752, MT

How much do homes in 59752, MT cost?

Median Sold Price

$625,000

$319/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$87,000(+16.2%)

Key Takeaway

Homes in 59752 have sold for 16.2% more than they did a year ago.

Summary: The median home sold price in 59752 was $625,000 in October 2024, up 16.2% from last year, and the median price per square foot was $319.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $229.8K$455K
+97.9%
2 $285K$439K
+54.0%
3 $535K$574K
+7.3%
4 $650K$717K
+10.3%
5+ $710.5K$682.5K
-3.9%

Summary: 59752 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.9%, 2 bedroom homes increased by 54%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 3.9%.

Median Sold Price Compared To Nearby Zip Codes

59741
+16.4%
59752
+16.2%

Housing Supply in 59752, MT

How many homes are available in 59752, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3744+18.9%

Summary: The 59752 real estate market had 44 homes for sale in October 2024, a 18.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 67
+16.7%
3 1517
+13.3%
4 1113
+18.2%
5+ 45
+25.0%

Summary: The 59752 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

6 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 59752, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 59752 in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 59752, MT

How long does it take to sell a home in 59752, MT?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days69 Days+74.8%

Summary: Homes in 59752 had an average of 69 days on market in Oct 2024, up by 74.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 59752 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 6 homes were sold in 59752; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

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