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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Victor is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Victor, MT

How much do homes in Victor, MT cost?

Median Sold Price

$665,000

$325/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$80,100(+13.7%)

Key Takeaway

Homes in Victor have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in Victor was $665,000 in October 2024, up 13.7% from last year, and the median price per square foot was $325.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $618.5K$655K
+5.9%
2 $515K$281K
-45.4%
3 $527.5K$650K
+23.2%
4 $950K$867K
-8.7%
5+ $584.9K$1.6M
+182.1%

Summary: Victor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes decreased by 45.4%, 3 bedroom homes increased by 23.2%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 182.1%.

Median Sold Price Compared To Nearby Cities

Victor
+13.7%
Corvallis
-23.1%

Housing Supply in Victor, MT

How many homes are available in Victor, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3227-15.6%

Summary: The Victor real estate market had 27 homes for sale in October 2024, a 15.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 95
-44.4%
3 1715
-11.8%
4 44
0.0%
5+ 11
0.0%

Summary: The Victor housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 44.4%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Victor, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Victor in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Victor, MT

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

Average Sale Time

Oct 2023Oct 2024CHANGE
144 Days88 Days-38.3%

Summary: Homes in Victor had an average of 88 days on market in Oct 2024, down by 38.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Victor; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% 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 20 Days Ago

Newest Listings in Victor, MT

Nearby Markets to Victor, MT

What housing markets are near Victor, MT?