Is Great Falls North, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Great Falls North is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Great Falls North was a Seller's Market.

Key Takeaway

Great Falls North 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 Great Falls North, MT

How much do homes in Great Falls North, MT cost?

Median Sold Price

$413,000

$187/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$163,250(+65.4%)

Key Takeaway

Homes in Great Falls North have sold for 65.4% more than they did a month ago.

Summary: The median home sold price in Great Falls North was $413,000 in November 2024, up 65.4% from last month, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $135K-
N/A
2 --
N/A
3 $364.5K-
N/A
4 -$413K
N/A
5+ --
N/A

Summary: Great Falls North 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

Black Eagle
+205.9%
Great Falls North
+65.4%
Vaughn
-63.9%

Housing Supply in Great Falls North, MT

How many homes are available in Great Falls North, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The Great Falls North real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 11
0.0%
3 22
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Great Falls North housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Great Falls North, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Great Falls North in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Great Falls North, MT

How long does it take to sell a home in Great Falls North, MT?

Average Sale Time

Oct 2024Nov 2024CHANGE
36 Days238 Days+561.1%

Summary: Homes in Great Falls North had an average of 238 days on market in Nov 2024, up by 561.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Great Falls North are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Great Falls North; 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 21 Days Ago

Newest Listings in Great Falls North, MT

Nearby Markets to Great Falls North, MT

What housing markets are near Great Falls North, MT?