$10,000 Closing Credit*
$849,000
2,772 SqFt
3 Beds
•3 Full Baths
Tammy Berendts, Listing Office: ERA Landmark Western Land
Is Shields Valley, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Shields Valley was a Neutral Market.
Key Takeaway
Shields Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shields Valley, MT
How much do homes in Shields Valley, MT cost?
Median Sold Price
$575,000
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$56,000(-8.9%)
Key Takeaway
Homes in Shields Valley have sold for 8.9% less than they did a year ago.
Summary: The median home sold price in Shields Valley was $575,000 in October 2024, down 8.9% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $286K | $285K | -0.3% |
| 2 Bedrooms | $420K | $400K | -4.8% |
| 3 Bedrooms | $1.0M | $600K | -43.5% |
| 4 Bedrooms | $650K | $1.5M | +130.8% |
| 5+ Bedrooms | $335K | $5.9M | +1680.6% |
Summary: Shields Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 43.5%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Shields Valley real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shields Valley 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 increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 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. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Shields Valley in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 124 Days | 77 Days | -37.9% |
Summary: Homes in Shields Valley had an average of 77 days on market in Oct 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Shields Valley has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Shields Valley; 0% of homes were sold within 30 days, 100% 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.