Is Stevensville, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stevensville is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Stevensville has remained a Seller's Market.

Key Takeaway

Stevensville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Stevensville, MT

How much do homes in Stevensville, MT cost?

Median Sold Price

$602,500

$334/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,500(-2.7%)

Key Takeaway

Homes in Stevensville have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Stevensville was $602,500 in October 2024, down 2.7% from last year, and the median price per square foot was $334.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $375K$642.5K
+71.3%
2 $506K$482K
-4.7%
3 $585K$588K
0.5%
4 $754K$729K
-3.3%
5+ $700K$711K
+1.6%

Summary: Stevensville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.3%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 1.6%.

Housing Supply in Stevensville, MT

How many homes are available in Stevensville, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
75750.0%

Summary: The Stevensville real estate market had 75 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 910
+11.1%
3 4139
-4.9%
4 1919
0.0%
5+ 45
+25.0%

Summary: The Stevensville 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 11.1%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1513-13.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stevensville, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Stevensville in October 2024, down by 13.3% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.

Days on Market for Stevensville, MT

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

Average Sale Time

Oct 2023Oct 2024CHANGE
74 Days97 Days+29.7%

Summary: Homes in Stevensville had an average of 97 days on market in Oct 2024, up by 29.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 13 homes were sold in Stevensville; 15% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 46% 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 22 Days Ago

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