$5,759 Closing Credit*
$485,000
2,688 SqFt
3 Beds
•2 Full Baths
Theresa Maria Denner, Listing Office: Keller Williams Capital Realty
Is Lewis and Clark County, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$446,280
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,844(+2.3%)
Key Takeaway
Homes in Lewis and Clark County have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Lewis and Clark County was $446,280 in October 2024, up 2.3% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $318K | $274.5K | -13.7% |
| 2 Bedrooms | $316K | $315K | -0.3% |
| 3 Bedrooms | $426.9K | $427.6K | 0.2% |
| 4 Bedrooms | $492.5K | $526K | +6.8% |
| 5+ Bedrooms | $614.5K | $657.5K | +7.0% |
Summary: Lewis and Clark County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.7%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Counties
| Teton County | $250K | $280K | +12.0% |
| Powell County | $259.4K | $290K | +11.8% |
| Cascade County | $305.8K | $320.9K | +4.9% |
| Lewis and Clark County | $436.4K | $446.2K | +2.3% |
| Meagher County | $375K | $225K | -40.0% |
Housing Supply in Lewis and Clark County, MT
How many homes are available in Lewis and Clark County, MT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 367 | 404 | +10.1% |
Summary: The Lewis and Clark County real estate market had 404 homes for sale in October 2024, a 10.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 48 | 52 | +8.3% |
| 3 Bedrooms | 163 | 185 | +13.5% |
| 4 Bedrooms | 92 | 102 | +10.9% |
| 5+ Bedrooms | 57 | 57 | 0.0% |
Summary: The Lewis and Clark County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 72 | +16.1% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lewis and Clark County, you may be able to get a good deal. 59.7% of homes here sold below asking price last month.
Summary: A total of 72 homes were sold or pending in Lewis and Clark County in October 2024, up by 16.1% month-over-month. Of the 72 sold homes, 60% were sold under asking, 17% were sold at asking, and 24% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 95 Days | +43.6% |
Summary: Homes in Lewis and Clark County had an average of 95 days on market in Oct 2024, up by 43.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lewis and Clark County has remained consistent over time.
Summary: During October 2024, 72 homes were sold in Lewis and Clark County; 13% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 33% 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 (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.
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.
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