Is Sun River Valley, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sun River Valley is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Sun River Valley was a Buyer's Market.

Key Takeaway

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

Housing Prices in Sun River Valley, MT

How much do homes in Sun River Valley, MT cost?

Median Sold Price

$198,700

$116/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$351,300(-63.9%)

Key Takeaway

Homes in Sun River Valley have sold for 63.9% less than they did a month ago.

Summary: The median home sold price in Sun River Valley was $198,700 in November 2024, down 63.9% from last month, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$198.7K
N/A
4 $550K-
N/A
5+ --
N/A

Summary: Sun River Valley housing prices by bedroom type for November 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.

Median Sold Price Compared To Nearby Cities

Sun River Valley
-63.9%
Vaughn
-63.9%

Housing Supply in Sun River Valley, MT

How many homes are available in Sun River Valley, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10100.0%

Summary: The Sun River Valley real estate market had 10 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 55
0.0%
4 21
-50.0%
5+ 33
0.0%

Summary: The Sun River 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Sun River Valley, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sun River Valley in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sun River Valley, MT

How long does it take to sell a home in Sun River Valley, MT?

Average Sale Time

Oct 2024Nov 2024CHANGE
18 Days51 Days+186.1%

Summary: Homes in Sun River Valley had an average of 51 days on market in Nov 2024, up by 186.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in Sun River Valley are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Sun River Valley; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Sun River Valley, MT

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