$3,900,000
3,840 SqFt
2 Beds
•2 Full Baths, 1 Partial
Carla Hardy, Listing Office: ERA Lambros Real Estate Missoula
Is Flathead Reservation, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$280,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,000(+8.1%)
Key Takeaway
Homes in Flathead Reservation have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Flathead Reservation was $280,000 in November 2024, up 8.1% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $300K | +233.3% |
| 2 Bedrooms | $395.5K | $263.5K | -33.4% |
| 3 Bedrooms | $280K | $440K | +57.1% |
| 4 Bedrooms | $259K | $449K | +73.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Flathead Reservation housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 233.3%, 2 bedroom homes decreased by 33.4%, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 73.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Flathead Reservation | $259K | $280K | +8.1% |
| Hot Springs | $259K | $263.5K | +1.7% |
Housing Supply in Flathead Reservation, MT
How many homes are available in Flathead Reservation, MT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Flathead Reservation real estate market had 10 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Flathead Reservation 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 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Flathead Reservation, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Flathead Reservation in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 90 Days | 113 Days | +25.6% |
Summary: Homes in Flathead Reservation had an average of 113 days on market in Nov 2024, up by 25.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Flathead Reservation are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Flathead Reservation; 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.
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.