$275,000
1.02 Acres
Land
Tina M Daugherty, Listing Office: Realty Northwest
Is Thompson Falls-West End, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Thompson Falls-West End has remained a Buyer's Market.
Key Takeaway
Thompson Falls-West End is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Thompson Falls-West End, MT
How much do homes in Thompson Falls-West End, MT cost?
Median Sold Price
$480,000
$261/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Thompson Falls-West End has remained the same since last year.
Summary: The median home sold price in Thompson Falls-West End was $480,000 in November 2024, the same as last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $355K | +34.0% |
| 2 Bedrooms | $509.5K | $432K | -15.2% |
| 3 Bedrooms | $434K | $512.5K | +18.1% |
| 4 Bedrooms | $467.5K | $331K | -29.2% |
| 5+ Bedrooms | $710K | $1.7M | +139.4% |
Summary: Thompson Falls-West End housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34%, 2 bedroom homes decreased by 15.2%, 3 bedroom homes increased by 18.1%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes increased by 139.4%.
Housing Supply in Thompson Falls-West End, MT
How many homes are available in Thompson Falls-West End, MT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 50 | -3.8% |
Summary: The Thompson Falls-West End real estate market had 50 homes for sale in November 2024, a 3.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Thompson Falls-West End housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 13%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Thompson Falls-West End, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Thompson Falls-West End in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Thompson Falls-West End, MT
How long does it take to sell a home in Thompson Falls-West End, MT?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 119 Days | 81 Days | -31.2% |
Summary: Homes in Thompson Falls-West End had an average of 81 days on market in Nov 2024, down by 31.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Thompson Falls-West End are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Thompson Falls-West End; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 (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.