Kelly Seymour, Listing Office: Keller Williams Montana Realty
59715 Housing Market Report December 2024•Gallatin County, Montana
Housing Prices in 59715, MT
How much do homes in 59715, MT cost?
Housing Market Conditions
Is 59715, MT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
59715 is a Seller's Market
Difference Since December 2023
Since last year, 59715 has remained a Seller's Market.
59715 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 59715 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 59715 was $928,000 in December 2024, up 4.3% from last year, and the median price per square foot was $410.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $613.7K | $600K | -2.2% |
22 Bedrooms | $636K | $599.9K | -5.7% |
33 Bedrooms | $871K | $815K | -6.4% |
44 Bedrooms | $1.0M | $1.2M | +18.1% |
55+ Bedrooms | $1.2M | $1.2M | -4.8% |
Summary: 59715 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -2.2%. The home price for 2 bedroom homes decreased by -5.7%. The home price for 3 bedroom homes decreased by -6.4%. The home price for 4 bedroom homes increased by +18.1%. The home price for 5 bedroom homes decreased by -4.8%.
Housing supply in 59715, MT
How many homes are available in 59715, MT?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
142Last MonthDec 2024 | ||
1782 months agoNov 2024 | -20.2 % Change MoMNov – Dec |
Summary: The 59715 real estate market had 142 homes for sale in Dec 2024, a 20.2 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
24Last MonthDec 2024 | ||
352 months agoNov 2024 | -31.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 10 | 10 | 0.0% |
22 Bedrooms | 36 | 32 | -11.1% |
33 Bedrooms | 59 | 49 | -16.9% |
44 Bedrooms | 45 | 30 | -33.3% |
55+ Bedrooms | 28 | 21 | -25.0% |
Summary: 59715 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -11.1%. The inventory for 3 bedroom homes decreased by -16.9%. The inventory for 4 bedroom homes decreased by -33.3%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in 59715, MT cost?
Over Asking Price1 Home
At Asking Price5 Homes
Under Asking Price18 Homes
If you're buying a home in 59715, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 59715 in December 2024, down by 31.4% month-over-month. Of the 24 sold homes, 75% were sold under asking, 21% were sold at asking, and and 4% were sold over asking.
Days on Market for 59715, MT
How long does it take to sell a home in 59715, MT?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days9 Homes
Over 90 Days6 Homes
Many homes in 59715 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 24 homes were sold in 59715; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
82 DaysThis YearDec 2024 | ||
77 Days1 year agoDec 2023 | +6.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 59715 had an average listing age of 82 days in Dec 2024, up by 6.9% compared to the previous year.
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Newest Listings in 59715, MT
What homes are available in 59715, MT?
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MLS Disclaimers and Copyright
Based on information from Big Sky Country MLS, and Montana Regional MLS for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.