DJ Smith, Karalie Smith, Listing Office: Berkshire Hathaway HomeServices - Missoula
Frenchtown-Wye Housing Market Report December 2024•Missoula County, Montana
Housing Prices in Frenchtown-Wye, MT
How much do homes in Frenchtown-Wye, MT cost?
Housing Market Conditions
Is Frenchtown-Wye, MT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Frenchtown-Wye is a Seller's Market
Difference Since December 2023
Since last year, Frenchtown-Wye has remained a Seller's Market.
Frenchtown-Wye 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 Frenchtown-Wye have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Frenchtown-Wye was $631,750 in December 2024, up 6.2% from last year, and the median price per square foot was $310.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $754K | - | N/A |
22 Bedrooms | $550K | $491K | -10.7% |
33 Bedrooms | $545K | $577.5K | +6.0% |
44 Bedrooms | $675K | $673.5K | -0.2% |
55+ Bedrooms | $759.5K | $779.5K | +2.6% |
Summary: Frenchtown-Wye housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -10.7%. The home price for 3 bedroom homes increased by +6.0%. The home price for 4 bedroom homes decreased by -0.2%. The home price for 5 bedroom homes increased by +2.6%.
Housing supply in Frenchtown-Wye, MT
How many homes are available in Frenchtown-Wye, MT?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
30Last MonthDec 2024 | ||
322 months agoNov 2024 | -6.3 % Change MoMNov – Dec |
Summary: The Frenchtown-Wye real estate market had 30 homes for sale in Dec 2024, a 6.3 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthDec 2024 | ||
22 months agoNov 2024 | +200.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 4 | 0.0% |
22 Bedrooms | 4 | 4 | 0.0% |
33 Bedrooms | 9 | 7 | -22.2% |
44 Bedrooms | 11 | 10 | -9.1% |
55+ Bedrooms | 4 | 5 | +25.0% |
Summary: Frenchtown-Wye 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 remained the same. The inventory for 3 bedroom homes decreased by -22.2%. The inventory for 4 bedroom homes decreased by -9.1%. The inventory for 5 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in Frenchtown-Wye, MT cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price5 Homes
If you're buying a home in Frenchtown-Wye, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Frenchtown-Wye in December 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and and 0% were sold over asking.
Days on Market for Frenchtown-Wye, MT
How long does it take to sell a home in Frenchtown-Wye, MT?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days2 Homes
Over 90 Days4 Homes
Most homes in Frenchtown-Wye are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 6 homes were sold in Frenchtown-Wye; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
99 DaysThis YearDec 2024 | ||
34 Days1 year agoDec 2023 | +191.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Frenchtown-Wye had an average listing age of 99 days in Dec 2024, up by 191.7% compared to the previous year.
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Newest Listings in Frenchtown-Wye, MT
What homes are available in Frenchtown-Wye, MT?
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MLS Disclaimers and Copyright
Based on information from Montana Regional MLS, and Big Sky Country 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: 1/29/2025, 3:20:56 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: 1/29/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.