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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eureka is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Eureka was a Buyer's Market.

Key Takeaway

Eureka is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Eureka, MT

How much do homes in Eureka, MT cost?

Median Sold Price

$550,000

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$39,500(-6.7%)

Key Takeaway

Homes in Eureka have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in Eureka was $550,000 in November 2024, down 6.7% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $335K$412.5K
+23.1%
2 $356K$420K
+18.0%
3 $700K$549K
-21.6%
4 $600K$735K
+22.5%
5+ $552.5K$850K
+53.8%

Summary: Eureka housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 18%, 3 bedroom homes decreased by 21.6%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 53.8%.

Housing Supply in Eureka, MT

How many homes are available in Eureka, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6159-3.3%

Summary: The Eureka real estate market had 59 homes for sale in November 2024, a 3.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 74
-42.9%
3 2829
+3.6%
4 1313
0.0%
5+ 88
0.0%

Summary: The Eureka 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 42.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eureka, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Eureka in November 2024, up by 80.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 0% were sold at asking, and 11% were sold over asking.

Days on Market for Eureka, MT

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

Average Sale Time

Nov 2023Nov 2024CHANGE
82 Days93 Days+13.0%

Summary: Homes in Eureka had an average of 93 days on market in Nov 2024, up by 13% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Eureka; 22% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 44% 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 17 Days Ago

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