$9,203 Closing Credit*
$775,000
3,288 SqFt
5 Beds
•3 Full Baths
Brittni Hertz, Listing Office: ERA Lambros Real Estate Missoula
Is Frenchtown-Wye, 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, Frenchtown-Wye was a Seller's Market.
Key Takeaway
Frenchtown-Wye is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Frenchtown-Wye, MT
How much do homes in Frenchtown-Wye, MT cost?
Median Sold Price
$620,928
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,928(+3.5%)
Key Takeaway
Homes in Frenchtown-Wye have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Frenchtown-Wye was $620,928 in November 2024, up 3.5% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $527K | - | N/A |
| 2 Bedrooms | $545K | $543.5K | -0.3% |
| 3 Bedrooms | $549K | $557K | +1.5% |
| 4 Bedrooms | $715K | $667.6K | -6.6% |
| 5+ Bedrooms | $750K | $779.5K | +3.9% |
Summary: Frenchtown-Wye housing prices by bedroom type for November 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 increased by 1.5%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 3.9%.
Housing Supply in Frenchtown-Wye, MT
How many homes are available in Frenchtown-Wye, MT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 35 | -10.3% |
Summary: The Frenchtown-Wye real estate market had 35 homes for sale in November 2024, a 10.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Frenchtown-Wye 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 increased by 25%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Frenchtown-Wye, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Frenchtown-Wye in November 2024, down by 75.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 99 Days | 166 Days | +67.7% |
Summary: Homes in Frenchtown-Wye had an average of 166 days on market in Nov 2024, up by 67.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Frenchtown-Wye has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Frenchtown-Wye; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.