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 buyer'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 Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Great Falls North, MT

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

Median Sold Price

$135,000

$191/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$155,000(-53.4%)

Key Takeaway

Homes in Great Falls North have sold for 53.4% less than they did a month ago.

Summary: The median home sold price in Great Falls North was $135,000 in October 2024, down 53.4% from last month, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$135K
N/A
2 $347K-
N/A
3 --
N/A
4 $290K-
N/A
5+ --
N/A

Summary: Great Falls North 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

Vaughn
-24.1%
Black Eagle
-38.4%
Great Falls North
-53.4%

Housing Supply in Great Falls North, MT

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Great Falls North real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 31
-66.7%
3 22
0.0%
4 32
-33.3%
5+ 01
+100.0%

Summary: The Great Falls North housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

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 October 2024, down by 66.7% 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

Sep 2024Oct 2024CHANGE
17 Days6 Days-64.7%

Summary: Homes in Great Falls North had an average of 6 days on market in Oct 2024, down by 64.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Great Falls North are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Great Falls North; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Great Falls North, MT

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