Reed Point Housing Market Report January 2025•Sweet Grass County, Montana

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Housing Prices in Reed Point, MT

How much do homes in Reed Point, MT cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$949,000$313/SqFt
+$324,500
+52.0%

Based on all homes listed in January 2025

Insight

The list price of homes in Reed Point has increased by 52% since December.

Summary: The median home list price in Reed Point was $949,000 in January 2025, up 52% from the previous month, and the median price per square foot was $313.

Median List Price By City

Median List Price By City
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
Reed Point
+52.0%
Absarokee
0.0%
North of the Yellowstone
0.0%

Median List Price By Bedrooms

Median List 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.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2--
N/A
3--
N/A
4$624.5K$949K
+52.0%
5--
N/A

Summary: Reed Point housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +52.0%. The home price for 5 bedroom homes did not change.

Housing supply in Reed Point, MT

How many homes are available in Reed Point, 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
1Last MonthJan 2025
22 months agoDec 2024
-50.0 %
Change MoMDec – Jan

Summary: The Reed Point real estate market had 1 homes for sale in Jan 2025, a 50.0 % decrease compared to Dec 2024.

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
100
0.0%
200
0.0%
300
0.0%
421
-50.0%
500
0.0%

Summary: Reed Point housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Reed Point, MT

How long does it take to sell a home in Reed Point, MT?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
231 DaysLast MonthJan 2025
134 Days1 month agoDec 2024
+72.4 %
Change MoMDec – Jan

Summary: Homes in Reed Point had an average listing age of 231 days in Jan 2025, up by 72.4% compared to the previous month.

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Newest Listings in Reed Point, MT

What homes are available in Reed Point, MT?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Big Sky Country MLS, for the period 12/01/2024 - 02/01/2025

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: 2/5/2025, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.