Is Broadwater County, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Broadwater County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Broadwater County, MT

How much do homes in Broadwater County, MT cost?

Median Sold Price

$407,000

$264/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,000(+4.6%)

Key Takeaway

Homes in Broadwater County have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Broadwater County was $407,000 in November 2024, up 4.6% from last year, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $174.9K$304.4K
+74.1%
2 $322.5K$297K
-7.9%
3 $383.5K$442K
+15.3%
4 $417.5K$610K
+46.1%
5+ $522K$775K
+48.5%

Summary: Broadwater County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 74.1%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 46.1%, and 5+ bedroom homes increased by 48.5%.

Median Sold Price Compared To Nearby Counties

Broadwater County
+4.6%
Jefferson County
+3.2%
Lewis and Clark County
+2.6%
Gallatin County
+2.2%

Housing Supply in Broadwater County, MT

How many homes are available in Broadwater County, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4043+7.5%

Summary: The Broadwater County real estate market had 43 homes for sale in November 2024, a 7.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 2125
+19.0%
4 1211
-8.3%
5+ 11
0.0%

Summary: The Broadwater County 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 increased by 19%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 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 Broadwater County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Broadwater County in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Broadwater County, MT

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

Average Sale Time

Nov 2023Nov 2024CHANGE
94 Days100 Days+6.4%

Summary: Homes in Broadwater County had an average of 100 days on market in Nov 2024, up by 6.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Broadwater County has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Broadwater County; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

Newest Listings in Broadwater County, MT

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