Is Captain John Mullan, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Captain John Mullan is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Captain John Mullan has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Captain John Mullan, MT

How much do homes in Captain John Mullan, MT cost?

Median Sold Price

$542,000

$332/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,894(+3.4%)

Key Takeaway

Homes in Captain John Mullan have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Captain John Mullan was $542,000 in November 2024, up 3.4% from last year, and the median price per square foot was $332.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $319.5K$340.5K
+6.6%
3 $530K$526.7K
-0.6%
4 $570K$666K
+16.8%
5+ $715K$830K
+16.1%

Summary: Captain John Mullan housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.6%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 16.1%.

Median Sold Price Compared To Nearby Neighborhoods

Captain John Mullan
+3.4%
River Road
+1.9%
Westside
-13.0%

Housing Supply in Captain John Mullan, MT

How many homes are available in Captain John Mullan, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7155-22.5%

Summary: The Captain John Mullan real estate market had 55 homes for sale in November 2024, a 22.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1313
0.0%
3 4129
-29.3%
4 129
-25.0%
5+ 54
-20.0%

Summary: The Captain John Mullan 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 29.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1910-47.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Captain John Mullan, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Captain John Mullan in November 2024, down by 47.4% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.

Days on Market for Captain John Mullan, MT

How long does it take to sell a home in Captain John Mullan, MT?

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days62 Days+25.0%

Summary: Homes in Captain John Mullan had an average of 62 days on market in Nov 2024, up by 25% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Captain John Mullan has remained consistent over time.

Summary: During November 2024, 10 homes were sold in Captain John Mullan; 20% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 30% 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 18 Days Ago

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