Tina Daugherty

Heron, MT 59844

Single-Family Homes

Broker



Heron, MT 59844

Sun Sep 15 2024
This week the median list price for Heron, MT 59844 is $957,450 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has increased to 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

Sun Sep 15 2024
This week the median list price for Heron, MT 59844 is $957,450 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has increased to 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 $957,450
Median Price of New Listings $0
Per Square Foot $383
Average Days on Market 125
Median Days on Market 105
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 8
Median Rent
Market Action 27
Slight Buyer's Advantage

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$1,675,000 4,330 N/A 4 3.5 24 0 0 217
$1,250,000 3,445 5 - 10 acres 3 3.3 13 0 0 14
$657,450 1,926 10 - 20 acres 2 1 29 0 0 105
$397,500 953 10 - 20 acres 1 1.3 14 0 0 164