$4,275 Closing Credit*
$360,000
1,036 SqFt
2 Beds
•2 Full Baths, 1 Partial
Robin Wallace, Kelsey Lyn Fowler, Listing Office: Berkshire Hathaway HomeServices - Kalispell
Is Polson, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Polson was a Seller's Market.
Key Takeaway
Polson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Polson, MT
How much do homes in Polson, MT cost?
Median Sold Price
$525,000
$299/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Polson has remained the same since last year.
Summary: The median home sold price in Polson was $525,000 in November 2024, the same as last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $399K | $265K | -33.6% |
| 2 Bedrooms | $308K | $366K | +18.8% |
| 3 Bedrooms | $513.7K | $545K | +6.1% |
| 4 Bedrooms | $619K | $650K | +5.0% |
| 5+ Bedrooms | $630K | $630K | 0.0% |
Summary: Polson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.6%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Polson | $525K | $525K | 0.0% |
| Flathead Reservation | $499K | $497K | -0.4% |
Housing Supply in Polson, MT
How many homes are available in Polson, MT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 105 | 101 | -3.8% |
Summary: The Polson real estate market had 101 homes for sale in November 2024, a 3.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 18 | 15 | -16.7% |
| 3 Bedrooms | 44 | 48 | +9.1% |
| 4 Bedrooms | 32 | 30 | -6.3% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Polson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Polson, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Polson in November 2024, down by 23.5% month-over-month. Of the 13 sold homes, 77% were sold under asking, 0% were sold at asking, and 23% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 133 Days | 124 Days | -6.9% |
Summary: Homes in Polson had an average of 124 days on market in Nov 2024, down by 6.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Polson are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 13 homes were sold in Polson; 8% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 69% 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.