Is 59759, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59759 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 59759 has remained a Buyer's Market.

Key Takeaway

59759 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 59759, MT

How much do homes in 59759, MT cost?

Median Sold Price

$344,000

$335/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$106,000(-23.6%)

Key Takeaway

Homes in 59759 have sold for 23.6% less than they did a month ago.

Summary: The median home sold price in 59759 was $344,000 in November 2024, down 23.6% from last month, and the median price per square foot was $335.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$344K
N/A
2 --
N/A
3 $415K$798K
+92.3%
4 $800K$337.5K
-57.8%
5+ --
N/A

Summary: 59759 housing prices by bedroom type for November 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 increased by 92.3%, 4 bedroom homes decreased by 57.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

59632
+45.0%
59759
-23.6%

Housing Supply in 59759, MT

How many homes are available in 59759, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
27270.0%

Summary: The 59759 real estate market had 27 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 66
0.0%
3 1112
+9.1%
4 54
-20.0%
5+ 00
0.0%

Summary: The 59759 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 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 59759, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 59759 in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 59759, MT

How long does it take to sell a home in 59759, MT?

Average Sale Time

Oct 2024Nov 2024CHANGE
194 Days34 Days-82.5%

Summary: Homes in 59759 had an average of 34 days on market in Nov 2024, down by 82.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were 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 59759 has remained consistent over time.

Summary: During November 2024, 3 homes were sold in 59759; 33% of homes were sold within 30 days, 67% 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 22 Days Ago

Newest Listings in 59759, MT

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