$340,000
0.40 Acres
Land
Keith Fank, Listing Office: Fathom Realty
Housing Prices in Melrose, MT
How much do homes in Melrose, MT cost?
Median List Price
$252,500
$399/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$1,147,500(-82.0%)
Key Takeaway
The list price of homes in Melrose has decreased by 82% since last year.
Summary: The median home list price in Melrose was $252,500 in October 2024, down 82% from the previous year, and the median price per square foot was $399.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $362.5K | N/A |
| 2 Bedrooms | $2.6M | $252K | -90.6% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $125K | $3.0M | +2336.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Melrose 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 decreased by 90.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 2336%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Butte-Silver Bow South | $725K | $725K | 0.0% |
| Melrose | $1.4M | $252.5K | -82.0% |
Housing Supply in Melrose, MT
How many homes are available in Melrose, MT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Summary: The Melrose real estate market had 3 homes for sale in October 2024, a 40.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Melrose housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Melrose, MT
How long does it take to sell a home in Melrose, MT?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 175 Days | 118 Days | -32.2% |
Summary: Homes in Melrose had an average listing age of 118 days in Oct 2024, down by 32.2% compared to the previous year.
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.