$6,234 Closing Credit*
$525,000
1,344 SqFt
2 Beds
•2 Full Baths
Kylie Rice, Betsy Milyard, Listing Office: Montana Preferred Properties
Is 59833, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 59833 has remained a Seller's Market.
Key Takeaway
59833 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 59833, MT
How much do homes in 59833, MT cost?
Median Sold Price
$685,000
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+4.6%)
Key Takeaway
Homes in 59833 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 59833 was $685,000 in October 2024, up 4.6% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $393K | $45K | -88.5% |
| 2 Bedrooms | $350K | $489.5K | +39.9% |
| 3 Bedrooms | $625K | $658.5K | +5.4% |
| 4 Bedrooms | $760K | $717.5K | -5.6% |
| 5+ Bedrooms | $925K | $1.0M | +15.5% |
Summary: 59833 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 88.5%, 2 bedroom homes increased by 39.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 15.5%.
Housing Supply in 59833, MT
How many homes are available in 59833, MT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 39 | +8.3% |
Summary: The 59833 real estate market had 39 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 59833 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 66.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 59833, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 59833 in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 59833, MT
How long does it take to sell a home in 59833, MT?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 91 Days | 101 Days | +11.2% |
Summary: Homes in 59833 had an average of 101 days on market in Oct 2024, up by 11.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 59833 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 8 homes were sold in 59833; 13% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 50% 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.