Lewis and Clark County Housing Market Report January 2025Lewis and Clark County, Montana

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Housing Prices in Lewis and Clark County, MT

How much do homes in Lewis and Clark County, MT cost?

Housing Market Conditions

Is Lewis and Clark County, MT a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Lewis and Clark County is a Seller's Market

Difference Since January 2024

Since last year, Lewis and Clark County has remained a Seller's Market.

Insight

Lewis and Clark County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$454,952$254/SqFt
+$13,996
+3.2%

Based on all homes sold in the last 12 months

Insight

Homes in Lewis and Clark County have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Lewis and Clark County was $454,952 in January 2025, up 3.2% from last year, and the median price per square foot was $254.

Median Sold Price By Counties

Median Sold Price By Counties
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Powell County
+19.6%
Teton County
+16.0%
Cascade County
+4.9%
Lewis and Clark County
+3.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$250K$260K
+4.0%
2$325.8K$312.9K
-4.0%
3$430K$437.6K
+1.8%
4$495K$533.4K
+7.8%
5$630K$665K
+5.6%

Summary: Lewis and Clark County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +4.0%. The home price for 2 bedroom homes decreased by -4.0%. The home price for 3 bedroom homes increased by +1.8%. The home price for 4 bedroom homes increased by +7.8%. The home price for 5 bedroom homes increased by +5.6%.

Housing supply in Lewis and Clark County, MT

How many homes are available in Lewis and Clark County, MT?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
303Last MonthJan 2025
2982 months agoDec 2024
+1.7 %
Change MoMDec – Jan

Summary: The Lewis and Clark County real estate market had 303 homes for sale in Jan 2025, a 1.7 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
59Last MonthJan 2025
582 months agoDec 2024
+1.7 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
154
-20.0%
24445
+2.3%
3135140
+3.7%
54340
-7.0%
47174
+4.2%

Summary: Lewis and Clark County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -20.0%. The inventory for 2 bedroom homes increased by +2.3%. The inventory for 3 bedroom homes increased by +3.7%. The inventory for 5 bedroom homes decreased by -7.0%. The inventory for 4 bedroom homes increased by +4.2%.

Asking Price vs. Sold Price

How much do homes in Lewis and Clark County, MT cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price5 Homes

At Asking Price13 Homes

Under Asking Price41 Homes

Insight

If you're buying a home in Lewis and Clark County, you may be able to get a good deal. 69.5% of homes here sold below asking price last month.

Summary: A total of 59 homes were sold or pending in Lewis and Clark County in January 2025, up by 1.7% month-over-month. Of the 59 sold homes, 69% were sold under asking, 22% were sold at asking, and and 8% were sold over asking.

Days on Market for Lewis and Clark County, MT

How long does it take to sell a home in Lewis and Clark County, MT?

Breakdown of Home Sale Times

Under 30 Days7 Homes

30 – 90 Days34 Homes

Over 90 Days18 Homes

Insight

Avg time on Rocket Homes in Lewis and Clark County has remained consistent over time.

Summary: During January 2025, 59 homes were sold in Lewis and Clark County; 12% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
84 DaysThis YearJan 2025
95 Days1 year agoJan 2024
-11.9 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Lewis and Clark County had an average listing age of 84 days in Jan 2025, down by 11.9% compared to the previous year.

Newest Listings in Lewis and Clark County, MT

What homes are available in Lewis and Clark County, MT?

MLS Disclaimers and Copyright

Based on information from Montana Regional MLS, and Big Sky Country MLS for the period 02/01/2023 - 02/01/2025

IDX 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: 2/21/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. 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. Information deemed reliable but not guaranteed. Copyright© 2025 Gallatin Association of Realtors/Big Sky Country MLS. 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: 2/21/2025, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.