Is Miller Creek, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Miller Creek has remained a Seller's Market.
Housing Prices in Miller Creek, MT
How much do homes in Miller Creek, MT cost?
Median Sold Price
$744,978
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Miller Creek was $744,978 in May 2024, up 9.8% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $407.5K | $607.5K | +49.1% |
3 Bedrooms | $625K | $674.2K | +7.9% |
4 Bedrooms | $735K | $755K | +2.7% |
5+ Bedrooms | $730K | $766K | +4.9% |
Summary: Miller Creek housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 49.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Neighborhoods
Miller Creek | $678.7K | $744.9K | +9.8% |
Franklin to the Fort | $399K | $413K | +3.5% |
Moose Can Gully | $492.5K | $475K | -3.6% |
Housing Supply in Miller Creek, MT
How many homes are available in Miller Creek, MT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 45 | +18.4% |
Summary: The Miller Creek real estate market had 45 homes for sale in May 2024, a 18.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Miller Creek housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Miller Creek in May 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Miller Creek, MT
How long does it take to sell a home in Miller Creek, MT?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 72 Days | +122.4% |
Summary: Homes in Miller Creek had an average of 72 days on market in May 2024, up by 122.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Miller Creek; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.