Is 59925, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59925 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 59925 has remained a Seller's Market.

Key Takeaway

59925 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 59925, MT

How much do homes in 59925, MT cost?

Median Sold Price

$453,500

$441/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$233,500(-34.0%)

Key Takeaway

Homes in 59925 have sold for 34% less than they did a month ago.

Summary: The median home sold price in 59925 was $453,500 in October 2024, down 34% from last month, and the median price per square foot was $441.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$405K
N/A
2 --
N/A
3 $699K$502K
-28.2%
4 --
N/A
5+ $675K-
N/A

Summary: 59925 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 decreased by 28.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 59925, MT

How many homes are available in 59925, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
119-18.2%

Summary: The 59925 real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 23
+50.0%
3 53
-40.0%
4 00
0.0%
5+ 21
-50.0%

Summary: The 59925 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 50%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59925, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 59925 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 59925, MT

How long does it take to sell a home in 59925, MT?

Average Sale Time

Sep 2024Oct 2024CHANGE
91 Days167 Days+83.6%

Summary: Homes in 59925 had an average of 167 days on market in Oct 2024, up by 83.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 59925 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in 59925; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 24 Days Ago

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