Is Noxon, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Noxon is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Noxon was a Buyer's Market.

Key Takeaway

Noxon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Noxon, MT

How much do homes in Noxon, MT cost?

Median Sold Price

$592,500

$308/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$82,500(-12.2%)

Key Takeaway

Homes in Noxon have sold for 12.2% less than they did a month ago.

Summary: The median home sold price in Noxon was $592,500 in November 2024, down 12.2% from last month, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$592.5K
N/A
3 $675K$555K
-17.8%
4 --
N/A
5+ --
N/A

Summary: Noxon housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 17.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Heron
+231.7%
Noxon
-12.2%

Housing Supply in Noxon, MT

How many homes are available in Noxon, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109-10.0%

Summary: The Noxon real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 65
-16.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Noxon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Noxon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Noxon in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Noxon, MT

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

Average Sale Time

Oct 2024Nov 2024CHANGE
88 Days87 Days-0.8%

Summary: Homes in Noxon had an average of 87 days on market in Nov 2024, down by 0.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Noxon are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Noxon; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

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