$4,382 Closing Credit*
$369,000
1,008 SqFt
3 Beds
•1 Full Bath
Katie Elliott, Listing Office: ERA Lambros Real Estate Polson
Is 59864, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, 59864 was a Seller's Market.
Key Takeaway
59864 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 59864, MT
How much do homes in 59864, MT cost?
Median Sold Price
$375,000
$232/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since August 2023.
Key Takeaway
The sold price of homes in 59864 has remained the same since last year.
Summary: The median home sold price in 59864 was $375,000 in August 2024, the same as last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $303.5K | $169.4K | -44.2% |
| 2 Bedrooms | $260K | $226K | -13.1% |
| 3 Bedrooms | $367.5K | $387K | +5.3% |
| 4 Bedrooms | $424.5K | $394K | -7.2% |
| 5+ Bedrooms | $495K | $517K | +4.4% |
Summary: 59864 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.2%, 2 bedroom homes decreased by 13.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Zip Codes
| 59860 | $510K | $540K | +5.9% |
| 59864 | $375K | $375K | 0.0% |
Housing Supply in 59864, MT
How many homes are available in 59864, MT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 33 | 40 | +21.2% |
Summary: The 59864 real estate market had 40 homes for sale in August 2024, a 21.2% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 59864 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 59864, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 59864 in August 2024, up by 400.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 59864, MT
How long does it take to sell a home in 59864, MT?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 130 Days | 75 Days | -42.0% |
Summary: Homes in 59864 had an average of 75 days on market in Aug 2024, down by 42% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 59864 has remained consistent over time.
Summary: During August 2024, 5 homes were sold in 59864; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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.