Is Warm Springs, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warm Springs is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Warm Springs has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Warm Springs, MT

How much do homes in Warm Springs, MT cost?

Median Sold Price

$170,000

$79/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$171,500(-50.2%)

Key Takeaway

Homes in Warm Springs have sold for 50.2% less than they did a month ago.

Summary: The median home sold price in Warm Springs was $170,000 in November 2024, down 50.2% from last month, and the median price per square foot was $79.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $330K-
N/A
3 -$170K
N/A
4 --
N/A
5+ $485K-
N/A

Summary: Warm Springs 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.

Housing Supply in Warm Springs, MT

How many homes are available in Warm Springs, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
83-62.5%

Summary: The Warm Springs real estate market had 3 homes for sale in November 2024, a 62.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 30
-100.0%
3 21
-50.0%
4 11
0.0%
5+ 10
-100.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was 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 Warm Springs, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Warm Springs in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Warm Springs, MT

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

Average Sale Time

Oct 2024Nov 2024CHANGE
113 Days72 Days-36.3%

Summary: Homes in Warm Springs had an average of 72 days on market in Nov 2024, down by 36.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Warm Springs has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Warm Springs; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Warm Springs, MT

Nearby Markets to Warm Springs, MT

What housing markets are near Warm Springs, MT?