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 November 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

$265,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$29,500(-10.0%)

Key Takeaway

Homes in Floral Park have sold for 10% less than they did a year ago.

Summary: The median home sold price in Floral Park was $265,000 in November 2024, down 10% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $225K$227.5K
+1.1%
2 $232.5K$249.5K
+7.3%
3 $320K$265K
-17.2%
4 $312K$357.5K
+14.6%
5+ $337.5K$375.5K
+11.3%

Summary: Floral Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 11.3%.

Median Sold Price Compared To Nearby Neighborhoods

Silver Bow Park
+8.3%
Green Ln. / Elizabeth Warren Ave.
+4.3%
Floral Park
-10.0%

Housing Supply in Floral Park, MT

How many homes are available in Floral Park, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2618-30.8%

Summary: The Floral Park real estate market had 18 homes for sale in November 2024, a 30.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 95
-44.4%
4 108
-20.0%
5+ 11
0.0%

Summary: The Floral Park 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 33.3%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
124-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Floral Park in November 2024, down by 66.7% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
61 Days33 Days-45.9%

Summary: Homes in Floral Park had an average of 33 days on market in Nov 2024, down by 45.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Floral Park has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Floral Park; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Floral Park, MT

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