New - 3 days on Rocket
$7,707 Closing Credit¹
#30039623, Susanne K Schmidt, Listing Office: Berkshire Hathaway HomeServices - Hamilton
59833 Housing Market Report January 2025•Ravalli County, Montana
Housing Prices in 59833, MT
How much do homes in 59833, MT cost?
Housing Market Conditions
Is 59833, MT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
59833 is a Neutral Market
Difference Since January 2024
At the same time last year, 59833 was a Seller's Market.
Insight
59833 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$688,000$312/SqFt
+$38,000
+5.8%
Based on all homes sold in the last 12 months
Insight
Homes in 59833 have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in 59833 was $688,000 in January 2025, up 5.8% from last year, and the median price per square foot was $312.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 22 Bedrooms | $399.9K | $489.5K | +22.4% |
| 33 Bedrooms | $630K | $665K | +5.6% |
| 11 Bedroom | $393K | $45K | -88.5% |
| 44 Bedrooms | $750K | $779K | +3.9% |
| 55+ Bedrooms | $957.5K | $822.8K | -14.1% |
Summary: 59833 housing price by bedroom type for January 2025, compared to the previous year. The home price for 2 bedroom homes increased by +22.4%. The home price for 3 bedroom homes increased by +5.6%. The home price for 1 bedroom homes decreased by -88.5%. The home price for 4 bedroom homes increased by +3.9%. The home price for 5 bedroom homes decreased by -14.1%.
Housing supply in 59833, MT
How many homes are available in 59833, MT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 33Last MonthJan 2025 | ||
| 242 months agoDec 2024 | +37.5 % Change MoMDec – Jan |
Summary: The 59833 real estate market had 33 homes for sale in Jan 2025, a 37.5 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 32 months agoDec 2024 | +66.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 2 | 6 | +200.0% |
| 33 Bedrooms | 12 | 16 | +33.3% |
| 11 Bedroom | 0 | 0 | 0.0% |
| 44 Bedrooms | 7 | 9 | +28.6% |
| 55+ Bedrooms | 3 | 2 | -33.3% |
Summary: 59833 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 2 bedroom homes increased by +200.0%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 1 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +28.6%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in 59833, MT cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price5 Homes
Insight
If you're buying a home in 59833, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 59833 in January 2025, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 59833, MT
How long does it take to sell a home in 59833, MT?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days3 Homes
Insight
Most homes in 59833 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 5 homes were sold in 59833; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 126 DaysThis YearJan 2025 | ||
| 54 Days1 year agoJan 2024 | +131.6 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 59833 had an average listing age of 126 days in Jan 2025, up by 131.6% compared to the previous year.
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Newest Listings in 59833, MT
What homes are available in 59833, MT?
New - 5 days on Rocket
$5,938 Closing Credit¹
#30039611, Kylie Rice, Betsy Milyard, Listing Office: Montana Preferred Properties
New - 5 days on Rocket
$6,530 Closing Credit¹
#30039574, June Murray, Listing Office: Keller Williams Western MT
#30039416, Nicole Jones, Listing Office: Engel & Völkers Western Frontier - Stevensville
$10,000 Closing Credit¹
#30039234, Erin McCollum, Listing Office: Glacier Sotheby's International Realty Missoula
Backup offers
$4,334 Closing Credit¹
#30039156, Cindy Waltz, Listing Office: Ink Realty Group
Video tour
#30039124, Courtney McFadden, Listing Office: ERA Lambros Real Estate Missoula
Video tour
$10,000 Closing Credit¹
#30039119, Madison Scott, Listing Office: Engel & Völkers Western Frontier - Missoula
$8,016 Closing Credit¹
#30038961, Leland Reed, Emily Mackenroth, Listing Office: Revel Real Estate - Missoula/Bitterroot
$10,000 Closing Credit¹
#30038432, Leland Reed, Emily Mackenroth, Listing Office: Revel Real Estate - Missoula/Bitterroot
#30038641, Steve Zech, Listing Office: Montana Westgate Realty, Inc.
$6,116 Closing Credit¹
#30038569, Kerry Duff, Listing Office: Twite Realty Corp
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MLS Disclaimers and Copyright
Based on information from Montana Regional MLS, for the period 02/01/2023 - 02/01/2025
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: 2/5/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.