$10,000 Closing Credit*
$1,330,000
2,400 SqFt
2 Beds
•1 Full Bath, 1 Partial
Kenyon Mathison, Listing Office: Montana Roots Real Estate
Is Marion, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Marion has remained a Seller's Market.
Key Takeaway
Marion is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marion, MT
How much do homes in Marion, MT cost?
Median Sold Price
$453,500
$441/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$233,500(-34.0%)
Key Takeaway
Homes in Marion have sold for 34% less than they did a month ago.
Summary: The median home sold price in Marion was $453,500 in October 2024, down 34% from last month, and the median price per square foot was $441.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $405K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $699K | $502K | -28.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $675K | - | N/A |
Summary: Marion housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 28.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Marion, MT
How many homes are available in Marion, MT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Marion real estate market had 9 homes for sale in October 2024, a 18.2% decrease 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Marion 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 50%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marion, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Marion in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Marion, MT
How long does it take to sell a home in Marion, MT?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 Days | 167 Days | +83.6% |
Summary: Homes in Marion had an average of 167 days on market in Oct 2024, up by 83.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Marion are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 2 homes were sold in Marion; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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.