$74,000
0.08 Acres
Land
•1 Full Bath
Mike McLeod, Listing Office: McLeod Real Estate Group, LLC
Is Silver Bow Park, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Silver Bow Park has remained a Seller's Market.
Key Takeaway
Silver Bow Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Silver Bow Park, MT
How much do homes in Silver Bow Park, MT cost?
Median Sold Price
$266,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$21,725(+8.9%)
Key Takeaway
Homes in Silver Bow Park have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Silver Bow Park was $266,000 in September 2024, up 8.9% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184.9K | $134K | -27.5% |
| 2 Bedrooms | $210K | $215K | +2.4% |
| 3 Bedrooms | $256K | $319.5K | +24.8% |
| 4 Bedrooms | $331.6K | $282K | -15.0% |
| 5+ Bedrooms | $325K | $339.5K | +4.5% |
Summary: Silver Bow Park housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.5%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 24.8%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Silver Bow Park | $244.2K | $266K | +8.9% |
| Floral Park | $289.5K | $292.5K | +1.0% |
| City Center | $190K | $174.7K | -8.0% |
Housing Supply in Silver Bow Park, MT
How many homes are available in Silver Bow Park, MT?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Summary: The Silver Bow Park real estate market had 21 homes for sale in September 2024, a 16.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Silver Bow Park housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 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 Silver Bow Park, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Silver Bow Park in September 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Silver Bow Park, MT
How long does it take to sell a home in Silver Bow Park, MT?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 21 Days | 80 Days | +267.0% |
Summary: Homes in Silver Bow Park had an average of 80 days on market in Sep 2024, up by 267% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Silver Bow Park has remained consistent over time.
Summary: During September 2024, 6 homes were sold in Silver Bow Park; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.
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.