$5,641 Closing Credit*
$475,000
1,250 SqFt
2 Beds
•1 Full Bath
Clint Rogers, Listing Office: Ink Realty Group
Is Franklin to the Fort, 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, Franklin to the Fort was a Neutral Market.
Key Takeaway
Franklin to the Fort is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Franklin to the Fort, MT
How much do homes in Franklin to the Fort, MT cost?
Median Sold Price
$415,500
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,250(-0.8%)
Key Takeaway
Homes in Franklin to the Fort have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Franklin to the Fort was $415,500 in October 2024, down 0.8% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $263.5K | $323K | +22.6% |
| 2 Bedrooms | $368.7K | $402.5K | +9.2% |
| 3 Bedrooms | $439K | $431.9K | -1.6% |
| 4 Bedrooms | $499K | $416K | -16.6% |
| 5+ Bedrooms | $686.2K | $490K | -28.6% |
Summary: Franklin to the Fort housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.6%, 2 bedroom homes increased by 9.2%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes decreased by 28.6%.
Median Sold Price Compared To Nearby Neighborhoods
| River Road | $440.5K | $457K | +3.7% |
| Franklin to the Fort | $418.7K | $415.5K | -0.8% |
| Orchard Homes | $649.9K | $627.5K | -3.4% |
Housing Supply in Franklin to the Fort, MT
How many homes are available in Franklin to the Fort, MT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 40 | +5.3% |
Summary: The Franklin to the Fort real estate market had 40 homes for sale in October 2024, a 5.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 3 | -50.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Franklin to the Fort housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Franklin to the Fort, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Franklin to the Fort in October 2024, up by 80.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Franklin to the Fort, MT
How long does it take to sell a home in Franklin to the Fort, MT?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 68 Days | +136.8% |
Summary: Homes in Franklin to the Fort had an average of 68 days on market in Oct 2024, up by 136.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Franklin to the Fort has remained consistent over time.
Summary: During October 2024, 9 homes were sold in Franklin to the Fort; 11% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 33% 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.