$5,332 Closing Credit*
$449,000
3,599 SqFt
4 Beds
•2 Full Baths
Shari Richter, Connie Hanson, Listing Office: H & R REALTY LLC
Is Conrad, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Conrad was a Buyer's Market.
Key Takeaway
Conrad is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Conrad, MT
How much do homes in Conrad, MT cost?
Median Sold Price
$178,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$43,500(-19.6%)
Key Takeaway
Homes in Conrad have sold for 19.6% less than they did a year ago.
Summary: The median home sold price in Conrad was $178,000 in November 2024, down 19.6% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $139K | -4.1% |
| 2 Bedrooms | $132K | $135K | +2.3% |
| 3 Bedrooms | $169K | $190K | +12.4% |
| 4 Bedrooms | $277.5K | $300K | +8.1% |
| 5+ Bedrooms | $312K | $328.7K | +5.4% |
Summary: Conrad housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 5.4%.
Housing Supply in Conrad, MT
How many homes are available in Conrad, MT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Summary: The Conrad real estate market had 10 homes for sale in November 2024, a 23.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Conrad 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 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Conrad, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Conrad in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Conrad, MT
How long does it take to sell a home in Conrad, MT?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 189 Days | 62 Days | -66.8% |
Summary: Homes in Conrad had an average of 62 days on market in Nov 2024, down by 66.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Conrad are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Conrad; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.