$8,776 Closing Credit*
$739,000
4,200 SqFt
4 Beds
•3 Full Baths
Wilma P Mixon-Hall, Listing Office: Savoir Faire Properties
Is Polson, 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, Polson was a Seller's Market.
Key Takeaway
Polson is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Polson, MT
How much do homes in Polson, MT cost?
Median Sold Price
$525,000
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+4.0%)
Key Takeaway
Homes in Polson have sold for 4% more than they did a year ago.
Summary: The median home sold price in Polson was $525,000 in October 2024, up 4% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $424.5K | $265K | -37.6% |
| 2 Bedrooms | $285.5K | $343K | +20.1% |
| 3 Bedrooms | $500.4K | $560K | +11.9% |
| 4 Bedrooms | $620K | $635K | +2.4% |
| 5+ Bedrooms | $670K | $630K | -6.0% |
Summary: Polson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.6%, 2 bedroom homes increased by 20.1%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
| Polson | $505K | $525K | +4.0% |
| Flathead Reservation | $488.5K | $495K | +1.3% |
Housing Supply in Polson, MT
How many homes are available in Polson, MT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 118 | 115 | -2.5% |
Summary: The Polson real estate market had 115 homes for sale in October 2024, a 2.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 20 | 18 | -10.0% |
| 3 Bedrooms | 47 | 48 | +2.1% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Polson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Polson, you may be able to get a good deal. 82.4% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Polson in October 2024, up by 6.3% month-over-month. Of the 17 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for Polson, MT
How long does it take to sell a home in Polson, MT?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 71 Days | 96 Days | +35.8% |
Summary: Homes in Polson had an average of 96 days on market in Oct 2024, up by 35.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Polson has remained consistent over time.
Summary: During October 2024, 17 homes were sold in Polson; 6% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 41% 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.