$3,563 Closing Credit*
$300,000
1,235 SqFt
3 Beds
•1 Full Bath, 1 Partial
Marty M Henderson, Listing Office: Coldwell Banker Markovich RE
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 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
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $138.2K | +151.4% |
| 2 Bedrooms | $166.5K | $195K | +17.1% |
| 3 Bedrooms | $304.2K | $320K | +5.2% |
| 4 Bedrooms | $442.5K | $325K | -26.6% |
| 5+ Bedrooms | $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. | $388K | $404.5K | +4.3% |
| Holmes Ave. / Oregon Ave. | $300K | $270K | -10.0% |
| Floral Park | $294.5K | $265K | -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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 42 | -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
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 25 | 21 | -16.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 8 | 8 | 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +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
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 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 47 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
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.
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.