Tina Daugherty

Heron, MT 59844

Single-Family Homes

Broker



Heron, MT 59844

Tue May 20 2025
This week the median list price for Heron, MT 59844 is $949,500 with the market action index hovering around 18. This is less than last month's market action index of 22. Inventory has increased to 6. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Heron, MT 59844

Tue May 20 2025
This week the median list price for Heron, MT 59844 is $949,500 with the market action index hovering around 18. This is less than last month's market action index of 22. Inventory has increased to 6. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Heron market.
Median List Price $949,500
Median Price of New Listings $0
Per Square Foot $372
Average Days on Market 244
Median Days on Market 179
Price Decreased 17%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 18
Slight Buyer's Advantage

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$1,500,000 3,080 N/A 4 2.5 45 0 0 637
$995,000 1,152 10 - 20 acres 3 1 71 0 0 140
$949,500 2,594 N/A 3 2.1 31 0 0 119
$606,950 2,634 10 - 20 acres 2 1.4 30 0 0 224