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

Since last month, Gardiner-Cooke City has remained a Seller'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

$690,000

$256/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$55,000(-7.4%)

Key Takeaway

Homes in Gardiner-Cooke City have sold for 7.4% less than they did a month ago.

Summary: The median home sold price in Gardiner-Cooke City was $690,000 in November 2024, down 7.4% from last month, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $1.0M-
N/A
3 $640K-
N/A
4 -$690K
N/A
5+ --
N/A

Summary: Gardiner-Cooke City housing prices by bedroom type for November 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

Gardiner
-0.4%
Gardiner-Cooke City
-7.4%

Housing Supply in Gardiner-Cooke City, MT

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1310-23.1%

Summary: The Gardiner-Cooke City real estate market had 10 homes for sale in November 2024, a 23.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 32
-33.3%
4 55
0.0%
5+ 22
0.0%

Summary: The Gardiner-Cooke City 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 66.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 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 2 homes were sold or pending in Gardiner-Cooke City in November 2024, down by 33.3% month-over-month. Of the 2 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

Oct 2024Nov 2024CHANGE
209 Days194 Days-7.5%

Summary: Homes in Gardiner-Cooke City had an average of 194 days on market in Nov 2024, down by 7.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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 November 2024, 2 homes were sold in Gardiner-Cooke City; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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

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