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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eureka is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Eureka was a Neutral Market.

Key Takeaway

Eureka is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Eureka, MT

How much do homes in Eureka, MT cost?

Median Sold Price

$575,000

$299/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$14,500(-2.5%)

Key Takeaway

Homes in Eureka have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Eureka was $575,000 in October 2024, down 2.5% from last year, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $210K$460K
+119.0%
2 $356K$420K
+18.0%
3 $702.5K$585K
-16.7%
4 $565K$735K
+30.1%
5+ $597.5K$850K
+42.3%

Summary: Eureka housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 119%, 2 bedroom homes increased by 18%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 30.1%, and 5+ bedroom homes increased by 42.3%.

Housing Supply in Eureka, MT

How many homes are available in Eureka, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6567+3.1%

Summary: The Eureka real estate market had 67 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 86
-25.0%
2 57
+40.0%
3 3131
0.0%
4 1314
+7.7%
5+ 89
+12.5%

Summary: The Eureka housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
95-44.4%

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 Eureka, 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 Eureka in October 2024, down by 44.4% 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 Eureka, MT

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

Average Sale Time

Oct 2023Oct 2024CHANGE
98 Days69 Days-29.2%

Summary: Homes in Eureka had an average of 69 days on market in Oct 2024, down by 29.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Eureka; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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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