#30041134, Taylor Boynton, Emily Mackenroth, Listing Office: Revel Real Estate - Missoula/Bitterroot
Lake County Housing Market Report January 2025•Lake County, Montana
Housing Prices in Lake County, MT
How much do homes in Lake County, MT cost?
Housing Market Conditions
Is Lake County, MT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lake County is a Buyer's Market
Difference Since January 2024
Since last year, Lake County has remained a Buyer's Market.
Lake 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 Lake County have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Lake County was $535,000 in January 2025, up 6.8% from last year, and the median price per square foot was $294.
Median Sold Price By Counties
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Lake County | $501K | $535K | +6.8% |
Flathead County | $625.3K | $645.8K | +3.3% |
Missoula County | $542.3K | $558.7K | +3.0% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $287.5K | $272K | -5.4% |
22 Bedrooms | $339K | $366K | +8.0% |
33 Bedrooms | $505K | $532.5K | +5.4% |
44 Bedrooms | $620K | $729K | +17.6% |
55+ Bedrooms | $592.5K | $722.5K | +21.9% |
Summary: Lake County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -5.4%. The home price for 2 bedroom homes increased by +8.0%. The home price for 3 bedroom homes increased by +5.4%. The home price for 4 bedroom homes increased by +17.6%. The home price for 5 bedroom homes increased by +21.9%.
Housing supply in Lake County, MT
How many homes are available in Lake County, MT?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
148Last MonthJan 2025 | ||
1362 months agoDec 2024 | +8.8 % Change MoMDec – Jan |
Summary: The Lake County real estate market had 148 homes for sale in Jan 2025, a 8.8 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
7Last MonthJan 2025 | ||
102 months agoDec 2024 | -30.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 6 | +50.0% |
22 Bedrooms | 25 | 27 | +8.0% |
33 Bedrooms | 56 | 62 | +10.7% |
44 Bedrooms | 39 | 40 | +2.6% |
55+ Bedrooms | 12 | 13 | +8.3% |
Summary: Lake County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +8.0%. The inventory for 3 bedroom homes increased by +10.7%. The inventory for 4 bedroom homes increased by +2.6%. The inventory for 5 bedroom homes increased by +8.3%.
Asking Price vs. Sold Price
How much do homes in Lake County, MT cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price5 Homes
If you're buying a home in Lake County, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Lake County in January 2025, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and and 14% were sold over asking.
Days on Market for Lake County, MT
How long does it take to sell a home in Lake County, MT?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days2 Homes
Over 90 Days5 Homes
Most homes in Lake County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 7 homes were sold in Lake County; 0% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 71% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
220 DaysThis YearJan 2025 | ||
96 Days1 year agoJan 2024 | +128.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Lake County had an average listing age of 220 days in Jan 2025, up by 128.7% compared to the previous year.
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Newest Listings in Lake County, MT
What homes are available in Lake County, MT?
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MLS Disclaimers and Copyright
Based on information from Montana Regional MLS, Big Sky Country MLS, and Stellar MLS for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:19:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.