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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bigfork is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bigfork was a Seller's Market.

Key Takeaway

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

Housing Prices in Bigfork, MT

How much do homes in Bigfork, MT cost?

Median Sold Price

$835,000

$395/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$90,100(+12.1%)

Key Takeaway

Homes in Bigfork have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in Bigfork was $835,000 in November 2024, up 12.1% from last year, and the median price per square foot was $395.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $420K$336K
-20.0%
2 $654.5K$775K
+18.4%
3 $744.9K$750K
+0.7%
4 $1.1M$1.3M
+19.6%
5+ $1.3M$912.5K
-31.8%

Summary: Bigfork housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes decreased by 31.8%.

Median Sold Price Compared To Nearby Cities

Woods Bay-Rollins
+15.5%
Bigfork
+12.1%
Creston-Bigfork
+9.8%

Housing Supply in Bigfork, MT

How many homes are available in Bigfork, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
113109-3.5%

Summary: The Bigfork real estate market had 109 homes for sale in November 2024, a 3.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 910
+11.1%
2 1815
-16.7%
3 4949
0.0%
4 2021
+5.0%
5+ 1714
-17.6%

Summary: The Bigfork housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 17.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
135-61.5%

Asking Price vs. Sold Price

4 Homes Were 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 Bigfork, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Bigfork in November 2024, down by 61.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Bigfork, MT

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

Average Sale Time

Nov 2023Nov 2024CHANGE
127 Days63 Days-50.0%

Summary: Homes in Bigfork had an average of 63 days on market in Nov 2024, down by 50% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bigfork are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Bigfork; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 Bigfork, MT

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