$2,945 Closing Credit*
$248,000
988 SqFt
2 Beds
•2 Full Baths
Keegan R McCarthy, Listing Office: McLeod Real Estate Group, LLC
Is Holmes Ave. / Oregon Ave., MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Holmes Ave. / Oregon Ave. was a Seller's Market.
Key Takeaway
Holmes Ave. / Oregon Ave. 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 Holmes Ave. / Oregon Ave., MT
How much do homes in Holmes Ave. / Oregon Ave., MT cost?
Median Sold Price
$250,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$25,000(-9.1%)
Key Takeaway
Homes in Holmes Ave. / Oregon Ave. have sold for 9.1% less than they did a year ago.
Summary: The median home sold price in Holmes Ave. / Oregon Ave. was $250,000 in October 2024, down 9.1% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $137.5K | N/A |
| 2 Bedrooms | $150K | $195K | +30.0% |
| 3 Bedrooms | $268K | $320K | +19.4% |
| 4 Bedrooms | $440K | $389.5K | -11.5% |
| 5+ Bedrooms | $480K | $631.2K | +31.5% |
Summary: Holmes Ave. / Oregon Ave. housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 19.4%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 31.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Green Ln. / Elizabeth Warren Ave. | $382.5K | $420K | +9.8% |
| Cobban St. / Oregon Ave. | $242K | $224K | -7.4% |
| Floral Park | $290K | $265K | -8.6% |
| Holmes Ave. / Oregon Ave. | $275K | $250K | -9.1% |
Housing Supply in Holmes Ave. / Oregon Ave., MT
How many homes are available in Holmes Ave. / Oregon Ave., MT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 49 | +8.9% |
Summary: The Holmes Ave. / Oregon Ave. real estate market had 49 homes for sale in October 2024, a 8.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 21 | 25 | +19.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Holmes Ave. / Oregon Ave. housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 19%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Holmes Ave. / Oregon Ave., you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Holmes Ave. / Oregon Ave. in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 61 Days | +26.0% |
Summary: Homes in Holmes Ave. / Oregon Ave. had an average of 61 days on market in Oct 2024, up by 26% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Holmes Ave. / Oregon Ave. has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Holmes Ave. / Oregon Ave.; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.