Is 59846, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59846 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 59846 was a Neutral Market.

Key Takeaway

59846 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 59846, MT

How much do homes in 59846, MT cost?

Median Sold Price

$820,000

$246/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$92,500(-10.1%)

Key Takeaway

Homes in 59846 have sold for 10.1% less than they did a month ago.

Summary: The median home sold price in 59846 was $820,000 in October 2024, down 10.1% from last month, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $575K-
N/A
3 $1.2M-
N/A
4 --
N/A
5+ -$820K
N/A

Summary: 59846 housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

59820
-7.0%
59846
-10.1%

Housing Supply in 59846, MT

How many homes are available in 59846, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1314+7.7%

Summary: The 59846 real estate market had 14 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 12
+100.0%
3 54
-20.0%
4 44
0.0%
5+ 33
0.0%

Summary: The 59846 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 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 59846, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 59846 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 59846, MT

How long does it take to sell a home in 59846, MT?

Average Sale Time

Sep 2024Oct 2024CHANGE
77 Days82 Days+5.8%

Summary: Homes in 59846 had an average of 82 days on market in Oct 2024, up by 5.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 59846 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 59846; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

Newest Listings in 59846, MT

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