Tina Daugherty

Trout Creek, MT 59874

Single-Family Homes

Broker


Trout Creek, MT 59874

Thu Nov 21 2024
This week the median list price for Trout Creek, MT 59874 is $760,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has decreased to 17. Click here to stay informed with the Trout Creek market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Trout Creek, MT 59874

Thu Nov 21 2024
This week the median list price for Trout Creek, MT 59874 is $760,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has decreased to 17. Click here to stay informed with the Trout Creek market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Trout Creek market.
Median List Price $760,000
Median Price of New Listings $0
Per Square Foot $253
Average Days on Market 191
Median Days on Market 154
Price Decreased 24%
Price Increased 0%
Relisted 12%
Inventory 17
Median Rent
Market Action 27
Slight Buyer's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$2,599,500 5,248 N/A 6 5 9 0 0 182
$912,500 3,569 N/A 3 2.9 26 0 0 175
$687,000 2,726 2.5 - 5 acres 3 2.5 22 0 0 175
$350,000 1,376 2.5 - 5 acres 2 1 30 0 0 91