$3,661,100
590.50 Acres
Land
Bill Leffingwell, Listing Office: RE/MAX Rocky Mountain Real Est
Is Shields Valley, 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, Shields Valley has remained a Seller's Market.
Key Takeaway
Shields Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shields Valley, MT
How much do homes in Shields Valley, MT cost?
Median Sold Price
$575,319
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$143,319(+33.2%)
Key Takeaway
Homes in Shields Valley have sold for 33.2% more than they did a year ago.
Summary: The median home sold price in Shields Valley was $575,319 in November 2024, up 33.2% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $286K | $285K | -0.3% |
| 2 Bedrooms | $347.5K | $510K | +46.8% |
| 3 Bedrooms | $718.5K | $625K | -13.0% |
| 4 Bedrooms | $650K | $1.5M | +130.8% |
| 5+ Bedrooms | $335K | $5.9M | +1680.6% |
Summary: Shields Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes increased by 46.8%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 130.8%, and 5+ bedroom homes increased by 1680.6%.
Housing Supply in Shields Valley, MT
How many homes are available in Shields Valley, MT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Shields Valley real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shields Valley 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 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shields Valley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Shields Valley in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Shields Valley, MT
How long does it take to sell a home in Shields Valley, MT?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 23 Days | -60.1% |
Summary: Homes in Shields Valley had an average of 23 days on market in Nov 2024, down by 60.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shields Valley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Shields Valley; 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.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. 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. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.