$7,244 Closing Credit*
$610,000
1,456 SqFt
3 Beds
•2 Full Baths
Kristen Clark, Brittney Hogue, Listing Office: Clearwater Montana Properties - Frenchtown
Is Mineral County, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Mineral County was a Seller's Market.
Key Takeaway
Mineral County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mineral County, MT
How much do homes in Mineral County, MT cost?
Median Sold Price
$438,160
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,710(+2.5%)
Key Takeaway
Homes in Mineral County have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Mineral County was $438,160 in October 2024, up 2.5% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $257.5K | -28.5% |
| 2 Bedrooms | $400K | $385K | -3.8% |
| 3 Bedrooms | $449.9K | $477.5K | +6.1% |
| 4 Bedrooms | $429.9K | $616.5K | +43.4% |
| 5+ Bedrooms | $1.3M | $750K | -43.1% |
Summary: Mineral County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.5%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 43.4%, and 5+ bedroom homes decreased by 43.1%.
Median Sold Price Compared To Nearby Counties
| Missoula County | $537.6K | $559.4K | +4.0% |
| Mineral County | $427.4K | $438.1K | +2.5% |
| Sanders County | $450K | $437K | -2.9% |
Housing Supply in Mineral County, MT
How many homes are available in Mineral County, MT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 56 | 0.0% |
Summary: The Mineral County real estate market had 56 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 31 | 31 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Mineral County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mineral County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Mineral County in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mineral County, MT
How long does it take to sell a home in Mineral County, MT?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 151 Days | +177.5% |
Summary: Homes in Mineral County had an average of 151 days on market in Oct 2024, up by 177.5% compared to last year.
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 Mineral County 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 Mineral County; 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.
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.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.