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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Superior is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Superior was a Seller's Market.

Key Takeaway

Superior is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Superior, MT

How much do homes in Superior, MT cost?

Median Sold Price

$417,450

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$49,950(+13.6%)

Key Takeaway

Homes in Superior have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in Superior was $417,450 in December 2024, up 13.6% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $402.5K$342K
-15.0%
3 $358.5K$417.4K
+16.4%
4 $285K$365K
+28.1%
5+ $1.2M$690K
-44.8%

Summary: Superior housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes decreased by 44.8%.

Housing Supply in Superior, MT

How many homes are available in Superior, MT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2524-4.0%

Summary: The Superior real estate market had 24 homes for sale in December 2024, a 4.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1817
-5.6%
4 22
0.0%
5+ 00
0.0%

Summary: The Superior housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Superior, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Superior in December 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Superior, MT

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

Average Sale Time

Dec 2023Dec 2024CHANGE
35 Days138 Days+289.4%

Summary: Homes in Superior had an average of 138 days on market in Dec 2024, up by 289.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Superior has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Superior; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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