Is Lewis and Clark County, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lewis and Clark County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Lewis and Clark County has remained a Seller's Market.

Key Takeaway

Lewis and Clark County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lewis and Clark County, MT

How much do homes in Lewis and Clark County, MT cost?

Median Sold Price

$448,862

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,298(+2.6%)

Key Takeaway

Homes in Lewis and Clark County have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Lewis and Clark County was $448,862 in November 2024, up 2.6% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $284K$289K
+1.8%
2 $315K$315K
0.0%
3 $428.6K$429.9K
0.3%
4 $495K$525K
+6.1%
5+ $616.9K$653.2K
+5.9%

Summary: Lewis and Clark County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 5.9%.

Median Sold Price Compared To Nearby Counties

Powell County
+10.5%
Cascade County
+5.2%
Lewis and Clark County
+2.6%

Housing Supply in Lewis and Clark County, MT

How many homes are available in Lewis and Clark County, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
376369-1.9%

Summary: The Lewis and Clark County real estate market had 369 homes for sale in November 2024, a 1.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 56
+20.0%
2 5052
+4.0%
3 173173
0.0%
4 9490
-4.3%
5+ 5448
-11.1%

Summary: The Lewis and Clark County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7564-14.7%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lewis and Clark County, you may be able to get a good deal. 51.6% of homes here sold below asking price last month.

Summary: A total of 64 homes were sold or pending in Lewis and Clark County in November 2024, down by 14.7% month-over-month. Of the 64 sold homes, 52% were sold under asking, 34% were sold at asking, and 14% were sold over asking.

Days on Market for Lewis and Clark County, MT

How long does it take to sell a home in Lewis and Clark County, MT?

Average Sale Time

Nov 2023Nov 2024CHANGE
54 Days71 Days+30.7%

Summary: Homes in Lewis and Clark County had an average of 71 days on market in Nov 2024, up by 30.7% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

35 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lewis and Clark County has remained consistent over time.

Summary: During November 2024, 64 homes were sold in Lewis and Clark County; 23% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 22% 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 Lewis and Clark County, MT

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