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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Divide is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Divide has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Divide, MT

How much do homes in Divide, MT cost?

Median Sold Price

$705,000

$271/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$105,000(+17.5%)

Key Takeaway

Homes in Divide have sold for 17.5% more than they did a month ago.

Summary: The median home sold price in Divide was $705,000 in October 2024, up 17.5% from last month, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $600K$705K
+17.5%
4 --
N/A
5+ --
N/A

Summary: Divide 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 17.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Butte-Silver Bow South
+78.5%
Divide
+17.5%

Housing Supply in Divide, MT

How many homes are available in Divide, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The Divide real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Divide 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 Divide, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Divide in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Divide, MT

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

Average Sale Time

Sep 2024Oct 2024CHANGE
28 Days249 Days+789.3%

Summary: Homes in Divide had an average of 249 days on market in Oct 2024, up by 789.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Divide are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in Divide; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

Newest Listings in Divide, MT

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