$3,800 Closing Credit*
$320,000
900 SqFt
2 Beds
•1 Full Bath
Ruthie Johnson, Listing Office: Ruthie Johnson Real Estate
Is Big Timber, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Big Timber was a Buyer's Market.
Key Takeaway
Big Timber is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Big Timber, MT
How much do homes in Big Timber, MT cost?
Median Sold Price
$1,900,000
$578/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$1,535,000(+420.5%)
Key Takeaway
Homes in Big Timber have sold for 420.5% more than they did a month ago.
Summary: The median home sold price in Big Timber was $1,900,000 in November 2024, up 420.5% from last month, and the median price per square foot was $578.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $365K | $1.9M | +420.5% |
| 3 Bedrooms | - | $1.9M | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $360K | N/A |
Summary: Big Timber housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 420.5%, 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 Cities
| South of the Yellowstone | $340K | $1.9M | +458.8% |
| Big Timber | $365K | $1.9M | +420.5% |
Housing Supply in Big Timber, MT
How many homes are available in Big Timber, MT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The Big Timber real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Big Timber housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 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 Big Timber, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Big Timber in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Big Timber, MT
How long does it take to sell a home in Big Timber, MT?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 310 Days | +2119.0% |
Summary: Homes in Big Timber had an average of 310 days on market in Nov 2024, up by 2119% compared to last month.
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
Key Takeaway
Most homes in Big Timber are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Big Timber; 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.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. 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. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.