$10,000 Closing Credit*
$2,475,000
6,413 SqFt
5 Beds
•6 Full Baths
Samantha Moulding, Listing Office: Aspen Grove Realty
Is Frenchtown-Wye, 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, Frenchtown-Wye was a Seller's Market.
Key Takeaway
Frenchtown-Wye is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Frenchtown-Wye, MT
How much do homes in Frenchtown-Wye, MT cost?
Median Sold Price
$615,000
$300/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-1.6%)
Key Takeaway
Homes in Frenchtown-Wye have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in Frenchtown-Wye was $615,000 in October 2024, down 1.6% from last year, and the median price per square foot was $300.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $527K | - | N/A |
| 2 Bedrooms | $545K | $543.5K | -0.3% |
| 3 Bedrooms | $565K | $546.5K | -3.3% |
| 4 Bedrooms | $689.5K | $672K | -2.5% |
| 5+ Bedrooms | $737.5K | $779.5K | +5.7% |
Summary: Frenchtown-Wye housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 5.7%.
Housing Supply in Frenchtown-Wye, MT
How many homes are available in Frenchtown-Wye, MT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 42 | 0.0% |
Summary: The Frenchtown-Wye real estate market had 42 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Frenchtown-Wye housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Frenchtown-Wye, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Frenchtown-Wye in October 2024, the same as the previous month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Frenchtown-Wye, MT
How long does it take to sell a home in Frenchtown-Wye, MT?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 94 Days | 136 Days | +44.7% |
Summary: Homes in Frenchtown-Wye had an average of 136 days on market in Oct 2024, up by 44.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Frenchtown-Wye has remained consistent over time.
Summary: During October 2024, 7 homes were sold in Frenchtown-Wye; 0% of homes were sold within 30 days, 57% 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.