Is Seeley Lake, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seeley Lake is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Seeley Lake was a Seller's Market.

Key Takeaway

Seeley Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Seeley Lake, MT

How much do homes in Seeley Lake, MT cost?

Median Sold Price

$495,000

$329/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,750(-3.1%)

Key Takeaway

Homes in Seeley Lake have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in Seeley Lake was $495,000 in October 2024, down 3.1% from last year, and the median price per square foot was $329.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $307.5K$435K
+41.5%
2 $474.5K$499.9K
+5.4%
3 $492.5K$490K
-0.5%
4 $757.4K$1.2M
+62.1%
5+ $670K-
N/A

Summary: Seeley Lake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.5%, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 62.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Seeley Lake-Blackfoot Valley
+7.0%
Seeley Lake
-3.1%

Housing Supply in Seeley Lake, MT

How many homes are available in Seeley Lake, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
38380.0%

Summary: The Seeley Lake real estate market had 38 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 2018
-10.0%
4 22
0.0%
5+ 45
+25.0%

Summary: The Seeley Lake 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 increased by 8.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seeley Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Seeley Lake in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Seeley Lake, MT

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

Average Sale Time

Oct 2023Oct 2024CHANGE
127 Days38 Days-70.2%

Summary: Homes in Seeley Lake had an average of 38 days on market in Oct 2024, down by 70.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Seeley Lake; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in Seeley Lake, MT

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