Is 59873, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59873 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 59873 was a Buyer's Market.

Key Takeaway

59873 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 59873, MT

How much do homes in 59873, MT cost?

Median Sold Price

$440,000

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$77,000(+21.2%)

Key Takeaway

Homes in 59873 have sold for 21.2% more than they did a year ago.

Summary: The median home sold price in 59873 was $440,000 in October 2024, up 21.2% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $147K$287.5K
+95.6%
2 $450K$264.5K
-41.2%
3 $350K$477.5K
+36.4%
4 $452.5K$290K
-35.9%
5+ --
N/A

Summary: 59873 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 95.6%, 2 bedroom homes decreased by 41.2%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 35.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

59873
+21.2%
59874
-14.2%

Housing Supply in 59873, MT

How many homes are available in 59873, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2421-12.5%

Summary: The 59873 real estate market had 21 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 66
0.0%
3 88
0.0%
4 53
-40.0%
5+ 33
0.0%

Summary: The 59873 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

4 Homes Were 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 59873, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 59873 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 59873, MT

How long does it take to sell a home in 59873, MT?

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days114 Days+77.1%

Summary: Homes in 59873 had an average of 114 days on market in Oct 2024, up by 77.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 59873 has remained consistent over time.

Summary: During October 2024, 4 homes were sold in 59873; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in 59873, MT

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