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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cascade is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Cascade was a Neutral Market.

Key Takeaway

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

Housing Prices in Cascade, MT

How much do homes in Cascade, MT cost?

Median Sold Price

$473,500

$303/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$23,500(+5.2%)

Key Takeaway

Homes in Cascade have sold for 5.2% more than they did a month ago.

Summary: The median home sold price in Cascade was $473,500 in December 2024, up 5.2% from last month, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $450K-
N/A
3 $462.5K$587K
+26.9%
4 -$360K
N/A
5+ --
N/A

Summary: Cascade housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 26.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cascade, MT

How many homes are available in Cascade, MT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1817-5.6%

Summary: The Cascade real estate market had 17 homes for sale in December 2024, a 5.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 45
+25.0%
2 32
-33.3%
3 54
-20.0%
4 66
0.0%
5+ 00
0.0%

Summary: The Cascade housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was 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 Cascade, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cascade in December 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Cascade, MT

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

Average Sale Time

Nov 2024Dec 2024CHANGE
80 Days89 Days+11.9%

Summary: Homes in Cascade had an average of 89 days on market in Dec 2024, up by 11.9% compared to last month.

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 Cascade has remained consistent over time.

Summary: During December 2024, 2 homes were sold in Cascade; 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 10 Days Ago

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