59501 Housing Market Report January 2025•Hill County, Montana

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Housing Prices in 59501, MT

How much do homes in 59501, MT cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$230,450$119/SqFt
+$20,450
+9.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 59501 has increased by 9.7% since last year.

Summary: The median home list price in 59501 was $230,450 in January 2025, up 9.7% from the previous year, and the median price per square foot was $119.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$79.9K$80K
0.1%
3$182.5K$210K
+15.1%
4$290K$297K
+2.4%
5-$177.5K
N/A

Summary: 59501 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by 0.1%. The home price for 3 bedroom homes increased by +15.1%. The home price for 4 bedroom homes increased by +2.4%. The home price for 5 bedroom homes did not change.

Housing supply in 59501, MT

How many homes are available in 59501, MT?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthJan 2025
72 months agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: The 59501 real estate market had 7 homes for sale in Jan 2025, the same as Dec 2024

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
200
0.0%
311
0.0%
455
0.0%
511
0.0%

Summary: 59501 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 59501, MT cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in 59501, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 59501 in January 2025, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 59501, MT

How long does it take to sell a home in 59501, MT?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days2 Homes

Insight

Most homes in 59501 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During January 2025, 2 homes were sold in 59501; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
206 DaysThis YearJan 2025
211 Days1 year agoJan 2024
-2.1 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 59501 had an average listing age of 206 days in Jan 2025, down by 2.1% compared to the previous year.

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Newest Listings in 59501, MT

What homes are available in 59501, MT?

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Nearby markets aren't available for 59501, MT

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MLS Disclaimers and Copyright

Based on information from Montana Regional MLS, for the period 02/01/2023 - 02/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2025 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.