Is Pondera County, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pondera County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Pondera County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Pondera County, MT

How much do homes in Pondera County, MT cost?

Median Sold Price

$218,500

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,500(-2.0%)

Key Takeaway

Homes in Pondera County have sold for 2% less than they did a year ago.

Summary: The median home sold price in Pondera County was $218,500 in October 2024, down 2% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $55K$142K
+158.2%
2 $135K$140K
+3.7%
3 $180K$220K
+22.2%
4 $280K$319.8K
+14.2%
5+ $320K$328.7K
+2.7%

Summary: Pondera County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 158.2%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Counties

Toole County
+29.4%
Teton County
+12.0%
Pondera County
-2.0%

Housing Supply in Pondera County, MT

How many homes are available in Pondera County, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2725-7.4%

Summary: The Pondera County real estate market had 25 homes for sale in October 2024, a 7.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1010
0.0%
4 98
-11.1%
5+ 32
-33.3%

Summary: The Pondera County 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 remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pondera County, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Pondera County in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Pondera County, MT

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

Average Sale Time

Oct 2023Oct 2024CHANGE
152 Days68 Days-55.0%

Summary: Homes in Pondera County had an average of 68 days on market in Oct 2024, down by 55% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 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 Pondera County has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Pondera County; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 13 Days Ago

Newest Listings in Pondera County, MT

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