Tina Daugherty

Heron, MT 59844

Single-Family Homes

Broker



Heron, MT 59844

Tue Jul 01 2025
This week the median list price for Heron, MT 59844 is $922,000 with the market action index hovering around 26. This is an increase over last month's market action index of 20. Inventory has held steady at or around 8. Click here to stay informed with the Heron market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Heron, MT 59844

Tue Jul 01 2025
This week the median list price for Heron, MT 59844 is $922,000 with the market action index hovering around 26. This is an increase over last month's market action index of 20. Inventory has held steady at or around 8. Click here to stay informed with the Heron market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Heron market.
Median List Price $922,000
Median Price of New Listings $0
Per Square Foot $360
Average Days on Market 116
Median Days on Market 49
Price Decreased 38%
Price Increased 0%
Relisted 0%
Inventory 8
Median Rent
Market Action 26
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,925,000 3,253 N/A 3 3 6 0 1 24
$1,024,500 2,782 10 - 20 acres 3 2.5 21 0 1 35
$795,000 2,418 N/A 2 2 27 0 1 308
$399,000 1,518 1 - 2.5 acres 2 2 22 0 0 98