RealTrends Market Report

Montana, MT

Single-Family Homes

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Montana, MT

Tue May 28 2024
This week the median list price for Montana, MT is $723,365 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has held steady at or around 3,052. Click here to stay informed with the Montana market!

Market Action Index

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

Slight Seller's Advantage

Montana, MT

Tue May 28 2024
This week the median list price for Montana, MT is $723,365 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has held steady at or around 3,052. Click here to stay informed with the Montana market!

Market Action Index

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

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Montana market.
Median List Price $723,365
Median Price of New Listings $635,000
Per Square Foot $332
Average Days on Market 113
Median Days on Market 42
Price Decreased 28%
Price Increased 1%
Relisted 7%
Inventory 3,052
Median Rent
Market Action 36
Slight Seller's Advantage

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
$1,990,000 3,608 5 - 10 acres 4 3.5 19 55 56 84
$875,000 2,580 1 - 2.5 acres 4 3 21 95 51 42
$599,000 2,002 0.5 - 1 acre 3 2 21 97 90 42
$349,000 1,463 8,000 - 10,000 sqft 3 2 64 116 91 35