Carol Bolton, Listing Office: Small Dog Realty
Park County Housing Market Report December 2024•Park County, Montana
Housing Prices in Park County, MT
How much do homes in Park County, MT cost?
Housing Market Conditions
Is Park County, MT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Park County is a Neutral Market
Difference Since December 2023
At the same time last year, Park County was a Seller's Market.
Park County 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
Based on all homes sold in the last 12 months
Homes in Park County have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Park County was $525,000 in December 2024, up 3.2% from last year, and the median price per square foot was $317.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Park County | $508.7K | $525K | +3.2% |
Gallatin County | $693.1K | $706.2K | +1.9% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $432K | $369K | -14.6% |
22 Bedrooms | $401K | $374.2K | -6.7% |
33 Bedrooms | $517.5K | $550K | +6.3% |
44 Bedrooms | $580K | $690K | +19.0% |
55+ Bedrooms | $749.5K | $920K | +22.7% |
Summary: Park County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -14.6%. The home price for 2 bedroom homes decreased by -6.7%. The home price for 3 bedroom homes increased by +6.3%. The home price for 4 bedroom homes increased by +19.0%. The home price for 5 bedroom homes increased by +22.7%.
Housing supply in Park County, MT
How many homes are available in Park County, MT?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
72Last MonthDec 2024 | ||
842 months agoNov 2024 | -14.3 % Change MoMNov – Dec |
Summary: The Park County real estate market had 72 homes for sale in Dec 2024, a 14.3 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
12Last MonthDec 2024 | ||
152 months agoNov 2024 | -20.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 3 | 0.0% |
22 Bedrooms | 23 | 14 | -39.1% |
33 Bedrooms | 36 | 36 | 0.0% |
44 Bedrooms | 12 | 10 | -16.7% |
55+ Bedrooms | 10 | 9 | -10.0% |
Summary: Park County 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 decreased by -39.1%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes decreased by -10.0%.
Asking Price vs. Sold Price
How much do homes in Park County, MT cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price8 Homes
If you're buying a home in Park County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Park County in December 2024, down by 20.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and and 8% were sold over asking.
Days on Market for Park County, MT
How long does it take to sell a home in Park County, MT?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days3 Homes
Over 90 Days3 Homes
Many homes in Park County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 12 homes were sold in Park County; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
59 DaysThis YearDec 2024 | ||
78 Days1 year agoDec 2023 | -24.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Park County had an average listing age of 59 days in Dec 2024, down by 24.4% compared to the previous year.
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Newest Listings in Park County, MT
What homes are available in Park County, MT?
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MLS Disclaimers and Copyright
Based on information from Big Sky Country MLS, and Montana Regional 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: 1/17/2025, 11:20:56 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: 1/17/2025, 11:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.