$10,000 Closing Credit*
$909,000
2,816 SqFt
4 Beds
•2 Full Baths
Jaxson Maurer, Listing Office: Windermere Great Divide-Bozeman
Is West Yellowstone, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, West Yellowstone was a Neutral Market.
Key Takeaway
West Yellowstone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Yellowstone, MT
How much do homes in West Yellowstone, MT cost?
Median Sold Price
$520,000
$289/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$147,500(-22.1%)
Key Takeaway
Homes in West Yellowstone have sold for 22.1% less than they did a month ago.
Summary: The median home sold price in West Yellowstone was $520,000 in October 2024, down 22.1% from last month, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $270K | +20.0% |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $610K | $596.5K | -2.2% |
| 4 Bedrooms | $810K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: West Yellowstone housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in West Yellowstone, MT
How many homes are available in West Yellowstone, MT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Summary: The West Yellowstone real estate market had 23 homes for sale in October 2024, a 4.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The West Yellowstone housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Yellowstone, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in West Yellowstone in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for West Yellowstone, MT
How long does it take to sell a home in West Yellowstone, MT?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 107 Days | 163 Days | +51.8% |
Summary: Homes in West Yellowstone had an average of 163 days on market in Oct 2024, up by 51.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in West Yellowstone are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 5 homes were sold in West Yellowstone; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% 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 of the Gallatin Association of Realtors/Big Sky Country MLS. 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. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.
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.