Is Floral Park, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Floral Park is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Floral Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Floral Park, MT

How much do homes in Floral Park, MT cost?

Median Sold Price

$292,500

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$3,000(+1.0%)

Key Takeaway

Homes in Floral Park have sold for 1% more than they did a year ago.

Summary: The median home sold price in Floral Park was $292,500 in September 2024, up 1% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $225K$227.5K
+1.1%
2 $215K$249.5K
+16.0%
3 $300K$307.5K
+2.5%
4 $312K$365K
+17.0%
5+ $285K$392.5K
+37.7%

Summary: Floral Park housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 37.7%.

Median Sold Price Compared To Nearby Neighborhoods

Silver Bow Park
+8.9%
Floral Park
+1.0%

Housing Supply in Floral Park, MT

How many homes are available in Floral Park, MT?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3330-9.1%

Summary: The Floral Park real estate market had 30 homes for sale in September 2024, a 9.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 1010
0.0%
3 1111
0.0%
4 107
-30.0%
5+ 11
0.0%

Summary: The Floral Park housing inventory by bedroom type for September 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 decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Floral Park, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Floral Park in September 2024, up by 28.6% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for Floral Park, MT

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

Average Sale Time

Sep 2023Sep 2024CHANGE
59 Days36 Days-38.9%

Summary: Homes in Floral Park had an average of 36 days on market in Sep 2024, down by 38.9% compared to last year.

Breakdown of Home Sale Times

4 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

Many homes in Floral Park are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 9 homes were sold in Floral Park; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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

Newest Listings in Floral Park, MT

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