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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chouteau County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Chouteau County was a Buyer's Market.

Key Takeaway

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

Housing Prices in Chouteau County, MT

How much do homes in Chouteau County, MT cost?

Median Sold Price

$194,000

$94/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$96,500(-33.2%)

Key Takeaway

Homes in Chouteau County have sold for 33.2% less than they did a month ago.

Summary: The median home sold price in Chouteau County was $194,000 in November 2024, down 33.2% from last month, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $290.5K-
N/A
3 -$194K
N/A
4 --
N/A
5+ --
N/A

Summary: Chouteau County housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Chouteau County, MT

How many homes are available in Chouteau County, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
89+12.5%

Summary: The Chouteau County real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 23
+50.0%
4 23
+50.0%
5+ 22
0.0%

Summary: The Chouteau 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 decreased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chouteau County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Chouteau County in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Chouteau County, MT

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

Average Sale Time

Oct 2024Nov 2024CHANGE
25 Days30 Days+22.0%

Summary: Homes in Chouteau County had an average of 30 days on market in Nov 2024, up by 22% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

Newest Listings in Chouteau County, MT

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What housing markets are near Chouteau County, MT?