New - 1 hour on RocketBackup offers
$4,738 Closing Credit¹
#30041322, Susanne K Schmidt, Listing Office: Berkshire Hathaway HomeServices - Hamilton
Ravalli County Housing Market Report January 2025•Ravalli County, Montana
Housing Prices in Ravalli County, MT
How much do homes in Ravalli County, MT cost?
Housing Market Conditions
Is Ravalli County, MT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Ravalli County is a Buyer's Market
Difference Since January 2024
At the same time last year, Ravalli County was a Seller's Market.
Insight
Ravalli County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$575,238$320/SqFt
-$11,486
-2.0%
Based on all homes sold in the last 12 months
Insight
Homes in Ravalli County have sold for 2% less than they did a year ago.
Summary: The median home sold price in Ravalli County was $575,238 in January 2025, down 2% from last year, and the median price per square foot was $320.
Median Sold Price By Counties
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Beaverhead County | $367.5K | $382.6K | +4.1% |
| Missoula County | $542.3K | $558.7K | +3.0% |
| Granite County | $457.5K | $465.2K | +1.7% |
| Ravalli County | $586.7K | $575.2K | -2.0% |
| Deer Lodge County | $285K | $276.7K | -2.9% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $391K | $335K | -14.3% |
| 22 Bedrooms | $417.1K | $419.9K | +0.7% |
| 33 Bedrooms | $585K | $575K | -1.7% |
| 44 Bedrooms | $760K | $705K | -7.2% |
| 55+ Bedrooms | $960K | $945K | -1.6% |
Summary: Ravalli County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -14.3%. The home price for 2 bedroom homes increased by +0.7%. The home price for 3 bedroom homes decreased by -1.7%. The home price for 4 bedroom homes decreased by -7.2%. The home price for 5 bedroom homes decreased by -1.6%.
Housing supply in Ravalli County, MT
How many homes are available in Ravalli County, MT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 237Last MonthJan 2025 | ||
| 2412 months agoDec 2024 | -1.7 % Change MoMDec – Jan |
Summary: The Ravalli County real estate market had 237 homes for sale in Jan 2025, a 1.7 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 28Last MonthJan 2025 | ||
| 452 months agoDec 2024 | -37.8 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 8 | 7 | -12.5% |
| 22 Bedrooms | 45 | 47 | +4.4% |
| 33 Bedrooms | 120 | 119 | -0.8% |
| 44 Bedrooms | 46 | 42 | -8.7% |
| 55+ Bedrooms | 22 | 22 | 0.0% |
Summary: Ravalli County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -12.5%. The inventory for 2 bedroom homes increased by +4.4%. The inventory for 3 bedroom homes decreased by -0.8%. The inventory for 4 bedroom homes decreased by -8.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Ravalli County, MT cost?
Over Asking Price4 Homes
At Asking Price4 Homes
Under Asking Price20 Homes
Insight
If you're buying a home in Ravalli 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 28 homes were sold or pending in Ravalli County in January 2025, down by 37.8% month-over-month. Of the 28 sold homes, 71% were sold under asking, 14% were sold at asking, and and 14% were sold over asking.
Days on Market for Ravalli County, MT
How long does it take to sell a home in Ravalli County, MT?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days9 Homes
Over 90 Days13 Homes
Insight
Most homes in Ravalli County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 28 homes were sold in Ravalli County; 21% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 92 DaysThis YearJan 2025 | ||
| 89 Days1 year agoJan 2024 | +2.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Ravalli County had an average listing age of 92 days in Jan 2025, up by 2.7% compared to the previous year.
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Newest Listings in Ravalli County, MT
What homes are available in Ravalli County, MT?
New - 1 day on Rocket
$5,224 Closing Credit¹
#30041277, Melissa Shields, Listing Office: REAL Broker
New - 1 day on Rocket
#30041246, Timothy L Lund, Listing Office: Coldwell Banker Western States
New - 2 days on Rocket
$8,770 Closing Credit¹
#30041205, Melissa Shields, Listing Office: REAL Broker
New - 2 days on Rocket
$5,635 Closing Credit¹
#30041217, Melissa Shields, Listing Office: REAL Broker
New - 2 days on Rocket
#30041231, Melissa Shields, Listing Office: REAL Broker
New - 2 days on Rocket
#30041275, Melissa Shields, Listing Office: REAL Broker
New - 2 days on Rocket
#30041216, Nicole Jones, Listing Office: Engel & Völkers Western Frontier - Stevensville
New - 3 days on Rocket
#30041159, Brian S. Adams, Listing Office: Montana Westgate Realty, Inc.
New - 4 days on RocketVideo tour
$5,094 Closing Credit¹
#30041148, Cheryl G Smith, Listing Office: ERA Lambros Real Estate Hamilton
New - 4 days on Rocket
$10,000 Closing Credit¹
#30041089, Lyric DeVries-Johnson, Listing Office: DeVries Real Estate
New - 4 days on Rocket
$4,097 Closing Credit¹
#30041128, Sonja Kearney, Listing Office: Weichert REALTORS - 406 Properties
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MLS Disclaimers and Copyright
Based on information from Montana Regional MLS, and Stellar MLS for the period 02/01/2023 - 02/01/2025
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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.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.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.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.