Is Gardiner-Cooke City, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gardiner-Cooke City is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Gardiner-Cooke City was a Buyer's Market.

Key Takeaway

Gardiner-Cooke City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gardiner-Cooke City, MT

How much do homes in Gardiner-Cooke City, MT cost?

Median Sold Price

$745,000

$352/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$20,000(-2.6%)

Key Takeaway

Homes in Gardiner-Cooke City have sold for 2.6% less than they did a month ago.

Summary: The median home sold price in Gardiner-Cooke City was $745,000 in October 2024, down 2.6% from last month, and the median price per square foot was $352.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $765K-
N/A
2 -$1.0M
N/A
3 -$640K
N/A
4 --
N/A
5+ --
N/A

Summary: Gardiner-Cooke City housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Emigrant
+121.0%
Gardiner-Cooke City
-2.6%
Gardiner
-9.5%

Housing Supply in Gardiner-Cooke City, MT

How many homes are available in Gardiner-Cooke City, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The Gardiner-Cooke City real estate market had 10 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 23
+50.0%
3 33
0.0%
4 43
-25.0%
5+ 01
+100.0%

Summary: The Gardiner-Cooke City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gardiner-Cooke City, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Gardiner-Cooke City in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Gardiner-Cooke City, MT

How long does it take to sell a home in Gardiner-Cooke City, MT?

Average Sale Time

Sep 2024Oct 2024CHANGE
120 Days209 Days+74.7%

Summary: Homes in Gardiner-Cooke City had an average of 209 days on market in Oct 2024, up by 74.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Gardiner-Cooke City are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Gardiner-Cooke City; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 Gardiner-Cooke City, MT

Nearby Markets to Gardiner-Cooke City, MT

What housing markets are near Gardiner-Cooke City, MT?