Is 59935, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 59935 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 59935 has remained a Buyer's Market.

Key Takeaway

59935 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 59935, MT

How much do homes in 59935, MT cost?

Median Sold Price

$427,500

$284/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$80,500(+23.2%)

Key Takeaway

Homes in 59935 have sold for 23.2% more than they did a year ago.

Summary: The median home sold price in 59935 was $427,500 in October 2024, up 23.2% from last year, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $304.5K$250K
-17.9%
2 $345K$306.7K
-11.1%
3 $382.5K$535K
+39.9%
4 $312K$1.1M
+252.6%
5+ $317K-
N/A

Summary: 59935 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.9%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 39.9%, 4 bedroom homes increased by 252.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

59935
+23.2%
59923
+11.1%

Housing Supply in 59935, MT

How many homes are available in 59935, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5451-5.6%

Summary: The 59935 real estate market had 51 homes for sale in October 2024, a 5.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 1211
-8.3%
3 3026
-13.3%
4 56
+20.0%
5+ 23
+50.0%

Summary: The 59935 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 decreased by 8.3%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 59935, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 59935 in October 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 59935, MT

How long does it take to sell a home in 59935, MT?

Average Sale Time

Oct 2023Oct 2024CHANGE
283 Days346 Days+22.0%

Summary: Homes in 59935 had an average of 346 days on market in Oct 2024, up by 22% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 59935 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in 59935; 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 17 Days Ago

Newest Listings in 59935, MT

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