Is Holmes Ave. / Oregon Ave., MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holmes Ave. / Oregon Ave. is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Holmes Ave. / Oregon Ave. was a Buyer's Market.

Key Takeaway

Holmes Ave. / Oregon Ave. is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Holmes Ave. / Oregon Ave., MT

How much do homes in Holmes Ave. / Oregon Ave., MT cost?

Median Sold Price

$270,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$30,000(-10.0%)

Key Takeaway

Homes in Holmes Ave. / Oregon Ave. have sold for 10% less than they did a year ago.

Summary: The median home sold price in Holmes Ave. / Oregon Ave. was $270,000 in November 2024, down 10% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $55K$138.2K
+151.4%
2 $166.5K$195K
+17.1%
3 $304.2K$320K
+5.2%
4 $442.5K$325K
-26.6%
5+ $480K$590K
+22.9%

Summary: Holmes Ave. / Oregon Ave. housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 151.4%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 26.6%, and 5+ bedroom homes increased by 22.9%.

Median Sold Price Compared To Nearby Neighborhoods

Green Ln. / Elizabeth Warren Ave.
+4.3%
Holmes Ave. / Oregon Ave.
-10.0%
Floral Park
-10.0%

Housing Supply in Holmes Ave. / Oregon Ave., MT

How many homes are available in Holmes Ave. / Oregon Ave., MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4842-12.5%

Summary: The Holmes Ave. / Oregon Ave. real estate market had 42 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 96
-33.3%
3 2521
-16.0%
4 45
+25.0%
5+ 88
0.0%

Summary: The Holmes Ave. / Oregon Ave. 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 33.3%, 3 bedroom homes decreased by 16%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
914+55.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holmes Ave. / Oregon Ave., you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Holmes Ave. / Oregon Ave. in November 2024, up by 55.6% month-over-month. Of the 14 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Holmes Ave. / Oregon Ave., MT

How long does it take to sell a home in Holmes Ave. / Oregon Ave., MT?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days47 Days+43.7%

Summary: Homes in Holmes Ave. / Oregon Ave. had an average of 47 days on market in Nov 2024, up by 43.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Holmes Ave. / Oregon Ave. are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in Holmes Ave. / Oregon Ave.; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% 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

Newest Listings in Holmes Ave. / Oregon Ave., MT

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