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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cascade County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Cascade County has remained a Seller's Market.

Key Takeaway

Cascade County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cascade County, MT

How much do homes in Cascade County, MT cost?

Median Sold Price

$320,969

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,130(+4.9%)

Key Takeaway

Homes in Cascade County have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Cascade County was $320,969 in October 2024, up 4.9% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $161.5K$166.9K
+3.4%
2 $200.2K$225K
+12.4%
3 $288.8K$305K
+5.6%
4 $334.4K$350K
+4.7%
5+ $415K$440.1K
+6.0%

Summary: Cascade County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Counties

Chouteau County
+29.4%
Teton County
+12.0%
Cascade County
+4.9%
Lewis and Clark County
+2.3%
Meagher County
-40.0%

Housing Supply in Cascade County, MT

How many homes are available in Cascade County, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
400396-1.0%

Summary: The Cascade County real estate market had 396 homes for sale in October 2024, a 1.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1214
+16.7%
2 6870
+2.9%
3 137122
-10.9%
4 111115
+3.6%
5+ 7275
+4.2%

Summary: The Cascade County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 4.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7889+14.1%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cascade County, you may be able to get a good deal. 51.7% of homes here sold below asking price last month.

Summary: A total of 89 homes were sold or pending in Cascade County in October 2024, up by 14.1% month-over-month. Of the 89 sold homes, 52% were sold under asking, 19% were sold at asking, and 29% were sold over asking.

Days on Market for Cascade County, MT

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

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days64 Days+21.2%

Summary: Homes in Cascade County had an average of 64 days on market in Oct 2024, up by 21.2% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

35 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cascade County has remained consistent over time.

Summary: During October 2024, 89 homes were sold in Cascade County; 36% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 25% 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 Cascade County, MT

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