$6,950,000
5,676 SqFt
4 Beds
•4 Full Baths, 1 Partial
Jeff S Fisher, Listing Office: Fisher Realty
Is Flathead Reservation, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Flathead Reservation was a Seller's Market.
Key Takeaway
Flathead Reservation is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Flathead Reservation, MT
How much do homes in Flathead Reservation, MT cost?
Median Sold Price
$495,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,500(+1.3%)
Key Takeaway
Homes in Flathead Reservation have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Flathead Reservation was $495,000 in October 2024, up 1.3% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $352K | $265K | -24.7% |
| 2 Bedrooms | $331.5K | $343K | +3.5% |
| 3 Bedrooms | $494.4K | $497K | 0.5% |
| 4 Bedrooms | $602.5K | $650K | +7.9% |
| 5+ Bedrooms | $562.5K | $675K | +20.0% |
Summary: Flathead Reservation housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.7%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Cities
| Polson | $505K | $525K | +4.0% |
| Flathead Reservation | $488.5K | $495K | +1.3% |
| Ronan | $389.4K | $370K | -5.0% |
Housing Supply in Flathead Reservation, MT
How many homes are available in Flathead Reservation, MT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 200 | 202 | +1.0% |
Summary: The Flathead Reservation real estate market had 202 homes for sale in October 2024, a 1.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 37 | 38 | +2.7% |
| 3 Bedrooms | 79 | 80 | +1.3% |
| 4 Bedrooms | 53 | 58 | +9.4% |
| 5+ Bedrooms | 23 | 20 | -13.0% |
Summary: The Flathead Reservation 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 2.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 13%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Flathead Reservation, you may be able to get a good deal. 87% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Flathead Reservation in October 2024, the same as the previous month. Of the 23 sold homes, 87% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Flathead Reservation, MT
How long does it take to sell a home in Flathead Reservation, MT?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 101 Days | 98 Days | -3.5% |
Summary: Homes in Flathead Reservation had an average of 98 days on market in Oct 2024, down by 3.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Flathead Reservation has remained consistent over time.
Summary: During October 2024, 23 homes were sold in Flathead Reservation; 4% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 43% 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.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. 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. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.