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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Darby is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Darby was a Buyer's Market.

Key Takeaway

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

Housing Prices in Darby, MT

How much do homes in Darby, MT cost?

Median Sold Price

$920,000

$323/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$196,019(+27.1%)

Key Takeaway

Homes in Darby have sold for 27.1% more than they did a month ago.

Summary: The median home sold price in Darby was $920,000 in October 2024, up 27.1% from last month, and the median price per square foot was $323.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $669K-
N/A
3 $549.4K$920K
+67.4%
4 --
N/A
5+ $9.6M-
N/A

Summary: Darby housing prices by bedroom type for October 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 67.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Darby, MT

How many homes are available in Darby, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
29290.0%

Summary: The Darby real estate market had 29 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 77
0.0%
3 1213
+8.3%
4 44
0.0%
5+ 32
-33.3%

Summary: The Darby housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Darby, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Darby in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Darby, MT

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

Average Sale Time

Sep 2024Oct 2024CHANGE
186 Days83 Days-55.1%

Summary: Homes in Darby had an average of 83 days on market in Oct 2024, down by 55.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Darby has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Darby; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 22 Days Ago

Newest Listings in Darby, MT

Nearby Markets to Darby, MT