Is South of the Yellowstone, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South of the Yellowstone is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, South of the Yellowstone has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in South of the Yellowstone, MT

How much do homes in South of the Yellowstone, MT cost?

Median Sold Price

$315,000

$518/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$88,900(+39.3%)

Key Takeaway

Homes in South of the Yellowstone have sold for 39.3% more than they did a month ago.

Summary: The median home sold price in South of the Yellowstone was $315,000 in October 2024, up 39.3% from last month, and the median price per square foot was $518.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$315K
N/A
2 --
N/A
3 $226.1K-
N/A
4 --
N/A
5+ --
N/A

Summary: South of the Yellowstone housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in South of the Yellowstone, MT

How many homes are available in South of the Yellowstone, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
24240.0%

Summary: The South of the Yellowstone real estate market had 24 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 66
0.0%
3 66
0.0%
4 99
0.0%
5+ 22
0.0%

Summary: The South of the Yellowstone 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South of the Yellowstone, 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 South of the Yellowstone 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 South of the Yellowstone, MT

How long does it take to sell a home in South of the Yellowstone, MT?

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days131 Days+385.2%

Summary: Homes in South of the Yellowstone had an average of 131 days on market in Oct 2024, up by 385.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in South of the Yellowstone are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in South of the Yellowstone; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 South of the Yellowstone, MT

Nearby Markets to South of the Yellowstone, MT