Is Toole County, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Toole County is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Toole County was a Buyer's Market.

Key Takeaway

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

Housing Prices in Toole County, MT

How much do homes in Toole County, MT cost?

Median Sold Price

$187,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$42,500(+29.4%)

Key Takeaway

Homes in Toole County have sold for 29.4% more than they did a year ago.

Summary: The median home sold price in Toole County was $187,000 in October 2024, up 29.4% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $64.1K$72.5K
+13.1%
2 $84K$85K
+1.2%
3 $177.7K$187K
+5.2%
4 $181K$238K
+31.5%
5+ $230K$265K
+15.2%

Summary: Toole County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes increased by 15.2%.

Median Sold Price Compared To Nearby Counties

Toole County
+29.4%
Pondera County
-2.0%

Housing Supply in Toole County, MT

How many homes are available in Toole County, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1820+11.1%

Summary: The Toole County real estate market had 20 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 44
0.0%
3 36
+100.0%
4 77
0.0%
5+ 33
0.0%

Summary: The Toole County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Toole County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Toole County in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Toole County, MT

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

Average Sale Time

Oct 2023Oct 2024CHANGE
264 Days96 Days-63.4%

Summary: Homes in Toole County had an average of 96 days on market in Oct 2024, down by 63.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Toole County; 25% of homes were sold within 30 days, 25% 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 13 Days Ago

Newest Listings in Toole County, MT

Nearby Markets to Toole County, MT

What housing markets are near Toole County, MT?