$299,000
4.00 Acres
Land
Catherine Lindbeck, Listing Office: Berkshire Hathaway HomeServices - Hamilton
Is Corvallis, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Corvallis was a Buyer's Market.
Key Takeaway
Corvallis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Corvallis, MT
How much do homes in Corvallis, MT cost?
Median Sold Price
$900,000
$422/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$20,000(+2.3%)
Key Takeaway
Homes in Corvallis have sold for 2.3% more than they did a month ago.
Summary: The median home sold price in Corvallis was $900,000 in November 2024, up 2.3% from last month, and the median price per square foot was $422.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $255K | N/A |
| 3 Bedrooms | $880K | $825K | -6.3% |
| 4 Bedrooms | - | $1.7M | N/A |
| 5+ Bedrooms | - | $2.5M | N/A |
Summary: Corvallis 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 decreased by 6.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Corvallis | $880K | $900K | +2.3% |
| Victor | $650K | $455K | -30.0% |
Housing Supply in Corvallis, MT
How many homes are available in Corvallis, MT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 40 | 0.0% |
Summary: The Corvallis real estate market had 40 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Corvallis 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 increased by 33.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
7 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 Corvallis, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Corvallis in November 2024, up by 166.7% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Corvallis, MT
How long does it take to sell a home in Corvallis, MT?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 111 Days | 97 Days | -12.8% |
Summary: Homes in Corvallis had an average of 97 days on market in Nov 2024, down by 12.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Corvallis has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Corvallis; 0% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 38% 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.