Dan Gerharter, Listing Office: Black Diamond Montana
Jefferson County Housing Market Report December 2024•Jefferson County, Montana
Housing Prices in Jefferson County, MT
How much do homes in Jefferson County, MT cost?
Housing Market Conditions
Is Jefferson County, MT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Jefferson County is a Buyer's Market
Difference Since December 2023
At the same time last year, Jefferson County was a Seller's Market.
Jefferson County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Jefferson County have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Jefferson County was $540,000 in December 2024, up 3.7% from last year, and the median price per square foot was $249.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Jefferson County | $520.9K | $540K | +3.7% |
Silver Bow County | $259.4K | $265.7K | +2.4% |
Madison County | $589K | $600K | +1.9% |
Gallatin County | $693.1K | $706.2K | +1.9% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $285K | $309.5K | +8.6% |
22 Bedrooms | $320K | $460K | +43.8% |
33 Bedrooms | $512.5K | $512.5K | 0.0% |
44 Bedrooms | $592.5K | $599K | +1.1% |
55+ Bedrooms | $785K | $767.5K | -2.2% |
Summary: Jefferson County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +8.6%. The home price for 2 bedroom homes increased by +43.8%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +1.1%. The home price for 5 bedroom homes decreased by -2.2%.
Housing supply in Jefferson County, MT
How many homes are available in Jefferson County, MT?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
68Last MonthDec 2024 | ||
772 months agoNov 2024 | -11.7 % Change MoMNov – Dec |
Summary: The Jefferson County real estate market had 68 homes for sale in Dec 2024, a 11.7 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
5Last MonthDec 2024 | ||
142 months agoNov 2024 | -64.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 5 | 4 | -20.0% |
22 Bedrooms | 17 | 13 | -23.5% |
33 Bedrooms | 30 | 24 | -20.0% |
44 Bedrooms | 15 | 15 | 0.0% |
55+ Bedrooms | 10 | 12 | +20.0% |
Summary: Jefferson County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -20.0%. The inventory for 2 bedroom homes decreased by -23.5%. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in Jefferson County, MT cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price2 Homes
If you're buying a home in Jefferson County, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Jefferson County in December 2024, down by 64.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and and 20% were sold over asking.
Days on Market for Jefferson County, MT
How long does it take to sell a home in Jefferson County, MT?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days0 Home
Over 90 Days2 Homes
Many homes in Jefferson County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Jefferson County; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
61 DaysThis YearDec 2024 | ||
75 Days1 year agoDec 2023 | -18.5 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Jefferson County had an average listing age of 61 days in Dec 2024, down by 18.5% compared to the previous year.
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Newest Listings in Jefferson County, MT
What homes are available in Jefferson County, 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.