Single-Family Homes
Tue Jan 28 2025
This week the median list price for Heron, MT 59844 is $764,900 with the market action index hovering around 26. This is an increase over last month's market action index of 23. Inventory has decreased to 5.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Median List Price | $764,900 | |
Median Price of New Listings | $0 | |
Per Square Foot | $423 | |
Average Days on Market | 74 | |
Median Days on Market | 28 | |
Price Decreased | 0% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 5 | |
Median Rent | ||
Market Action | 26 | |
Slight Buyer's Advantage |
Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$995,000 | 1,152 | 10 - 20 acres | 3 | 1 | 71 | 0 | 1 | 28 |
$950,000 | 2,243 | N/A | 3 | 1.5 | 39 | 0 | 1 | 105 |
$764,900 | 2,592 | 10 - 20 acres | 2 | 1 | 16 | 0 | 0 | 203 |
$372,000 | 1,522 | 10 - 20 acres | 2 | 1.3 | 32 | 0 | 0 | 17 |