Is Miller Creek, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Miller Creek is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Miller Creek was a Seller's Market.

Key Takeaway

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

Housing Prices in Miller Creek, MT

How much do homes in Miller Creek, MT cost?

Median Sold Price

$750,000

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$63,000(+9.2%)

Key Takeaway

Homes in Miller Creek have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Miller Creek was $750,000 in October 2024, up 9.2% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $440K$575K
+30.7%
3 $633.7K$685K
+8.1%
4 $740K$750K
+1.4%
5+ $760K$799K
+5.1%

Summary: Miller Creek 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 30.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Neighborhoods

Miller Creek
+9.2%
Franklin to the Fort
-0.8%

Housing Supply in Miller Creek, MT

How many homes are available in Miller Creek, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3836-5.3%

Summary: The Miller Creek real estate market had 36 homes for sale in October 2024, a 5.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1011
+10.0%
4 1614
-12.5%
5+ 1211
-8.3%

Summary: The Miller Creek 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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Miller Creek, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Miller Creek in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
45 Days93 Days+105.4%

Summary: Homes in Miller Creek had an average of 93 days on market in Oct 2024, up by 105.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Miller Creek has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Miller Creek; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 Miller Creek, MT

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