Is Meagher County, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Meagher County is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Meagher County has remained a Buyer's Market.

Key Takeaway

Meagher County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Meagher County, MT

How much do homes in Meagher County, MT cost?

Median Sold Price

$225,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$150,000(-40.0%)

Key Takeaway

Homes in Meagher County have sold for 40% less than they did a year ago.

Summary: The median home sold price in Meagher County was $225,000 in October 2024, down 40% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $535K-
N/A
2 $216.5K$479K
+121.2%
3 $572.5K$210K
-63.3%
4 $225K$499K
+121.8%
5+ $385K-
N/A

Summary: Meagher County 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 121.2%, 3 bedroom homes decreased by 63.3%, 4 bedroom homes increased by 121.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Broadwater County
+5.4%
Cascade County
+4.9%
Meagher County
-40.0%

Housing Supply in Meagher County, MT

How many homes are available in Meagher County, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1918-5.3%

Summary: The Meagher County real estate market had 18 homes for sale in October 2024, a 5.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 22
0.0%
3 1311
-15.4%
4 11
0.0%
5+ 11
0.0%

Summary: The Meagher County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Meagher County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Meagher County in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Meagher County, MT

How long does it take to sell a home in Meagher County, MT?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days57 Days+280.0%

Summary: Homes in Meagher County had an average of 57 days on market in Oct 2024, up by 280% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Meagher County has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Meagher County; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Meagher County, MT

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What housing markets are near Meagher County, MT?