Single-Family Homes
Mon Mar 31 2025
This week the median list price for Plains, MT 59859 is $550,000 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has decreased to 18.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Median List Price | $550,000 | |
Median Price of New Listings | $0 | |
Per Square Foot | $229 | |
Average Days on Market | 149 | |
Median Days on Market | 98 | |
Price Decreased | 44% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 18 | |
Median Rent | ||
Market Action | 27 | |
Slight Buyer's Advantage |
Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,072,500 | 3,044 | 5 - 10 acres | 3 | 2.8 | 22 | 0 | 1 | 227 |
$675,000 | 2,952 | 5 - 10 acres | 3 | 2.3 | 32 | 0 | 0 | 196 |
$499,000 | 2,211 | 1 - 2.5 acres | 3 | 2 | 6 | 0 | 1 | 49 |
$347,000 | 1,614 | 0.25 - 0.5 acre | 3 | 2 | 67 | 0 | 0 | 63 |