Is Wolf Creek, MT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wolf Creek is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Wolf Creek was a Seller's Market.

Key Takeaway

Wolf Creek is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Wolf Creek, MT

How much do homes in Wolf Creek, MT cost?

Median Sold Price

$697,250

$328/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,350(+0.3%)

Key Takeaway

The sold price of homes in Wolf Creek has remained the same since last year.

Summary: The median home sold price in Wolf Creek was $697,250 in October 2024, up 0.3% from last year, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $360K$325K
-9.7%
2 $740K$552.5K
-25.3%
3 $547.5K$645K
+17.8%
4 $725.4K$750.2K
+3.4%
5+ $1.0M$1.0M
-4.6%

Summary: Wolf Creek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes decreased by 25.3%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 4.6%.

Median Sold Price Compared To Nearby Cities

Lincoln
+4.3%
Wolf Creek
0.3%
Townsend East
-1.6%

Housing Supply in Wolf Creek, MT

How many homes are available in Wolf Creek, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4146+12.2%

Summary: The Wolf Creek real estate market had 46 homes for sale in October 2024, a 12.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 46
+50.0%
3 2021
+5.0%
4 910
+11.1%
5+ 88
0.0%

Summary: The Wolf Creek 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 increased by 50%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were 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 Wolf Creek, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Wolf Creek in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wolf Creek, MT

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

Average Sale Time

Oct 2023Oct 2024CHANGE
98 Days108 Days+10.5%

Summary: Homes in Wolf Creek had an average of 108 days on market in Oct 2024, up by 10.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wolf Creek has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Wolf Creek; 0% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Wolf Creek, MT

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