$5,641 Closing Credit*
$475,000
2,380 SqFt
3 Beds
•2 Full Baths
Cole Wallace, Listing Office: Century 21 Big Sky Real Estate - Polson
Is Ronan, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Ronan has remained a Neutral Market.
Key Takeaway
Ronan 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 Ronan, MT
How much do homes in Ronan, MT cost?
Median Sold Price
$377,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$26,900(-6.7%)
Key Takeaway
Homes in Ronan have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Ronan was $377,000 in November 2024, down 6.7% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $208K | $169.4K | -18.6% |
| 2 Bedrooms | $252.5K | $235.5K | -6.7% |
| 3 Bedrooms | $375K | $404.5K | +7.9% |
| 4 Bedrooms | $420K | $390K | -7.1% |
| 5+ Bedrooms | $495K | $770K | +55.6% |
Summary: Ronan housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.6%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 55.6%.
Median Sold Price Compared To Nearby Cities
| Flathead Reservation | $499K | $497K | -0.4% |
| Ronan | $403.9K | $377K | -6.7% |
Housing Supply in Ronan, MT
How many homes are available in Ronan, MT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 35 | -7.9% |
Summary: The Ronan real estate market had 35 homes for sale in November 2024, a 7.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Ronan 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 decreased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ronan, 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 Ronan in November 2024, up by 66.7% 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 Ronan, MT
How long does it take to sell a home in Ronan, MT?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 255 Days | 132 Days | -48.0% |
Summary: Homes in Ronan had an average of 132 days on market in Nov 2024, down by 48% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Ronan are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 5 homes were sold in Ronan; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% 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.