$6,353 Closing Credit*
$535,000
1,446 SqFt
3 Beds
•2 Full Baths
Jared Andrew English, Listing Office: Congress Realty
Is 59808, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 59808 was a Seller's Market.
Key Takeaway
59808 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 59808, MT
How much do homes in 59808, MT cost?
Median Sold Price
$513,470
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,470(+2.7%)
Key Takeaway
Homes in 59808 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 59808 was $513,470 in November 2024, up 2.7% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $354.7K | +39.1% |
| 2 Bedrooms | $333.7K | $329.9K | -1.2% |
| 3 Bedrooms | $500K | $511.5K | +2.3% |
| 4 Bedrooms | $630K | $667K | +5.9% |
| 5+ Bedrooms | $794K | $803K | +1.1% |
Summary: 59808 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.1%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 1.1%.
Housing Supply in 59808, MT
How many homes are available in 59808, MT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 134 | 109 | -18.7% |
Summary: The 59808 real estate market had 109 homes for sale in November 2024, a 18.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 29 | 22 | -24.1% |
| 3 Bedrooms | 61 | 47 | -23.0% |
| 4 Bedrooms | 30 | 27 | -10.0% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 59808 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 decreased by 24.1%, 3 bedroom homes decreased by 23%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 18 | -48.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 59808, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 59808 in November 2024, down by 48.6% month-over-month. Of the 18 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for 59808, MT
How long does it take to sell a home in 59808, MT?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 54 Days | -17.5% |
Summary: Homes in 59808 had an average of 54 days on market in Nov 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 59808 has remained consistent over time.
Summary: During November 2024, 18 homes were sold in 59808; 22% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.