Single-Family Homes
Sat Apr 19 2025
This week the median list price for Trout Creek, MT 59874 is $857,500 with the market action index hovering around 25. This is less than last month's market action index of 26. Inventory has increased to 18.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.
Median List Price | $857,500 | |
Median Price of New Listings | $949,000 | |
Per Square Foot | $388 | |
Average Days on Market | 139 | |
Median Days on Market | 77 | |
Price Decreased | 22% | |
Price Increased | 0% | |
Relisted | 6% | |
Inventory | 18 | |
Median Rent | ||
Market Action | 25 | |
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.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,575,000 | 5,248 | N/A | 6 | 4.8 | 20 | 0 | 0 | 175 |
$924,000 | 2,120 | N/A | 3 | 2 | 21 | 1 | 0 | 10 |
$800,000 | 2,849 | 2.5 - 5 acres | 3 | 2.8 | 18 | 0 | 0 | 91 |
$625,000 | 2,400 | 2.5 - 5 acres | 2 | 2 | 25 | 0 | 0 | 175 |