Seeley Lake-Blackfoot Valley Housing Market Report December 2024Missoula County, Montana

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Housing Prices in Seeley Lake-Blackfoot Valley, MT

How much do homes in Seeley Lake-Blackfoot Valley, MT cost?

Housing Market Conditions

Is Seeley Lake-Blackfoot Valley, 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

Seeley Lake-Blackfoot Valley is a Buyer's Market

Difference Since November 2024

Last month, Seeley Lake-Blackfoot Valley has remained a Buyer's Market.

Insight

Seeley Lake-Blackfoot Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$777,500$274/SqFt
-$7,500
-1.0%

Based on all homes sold in December 2024

Insight

Homes in Seeley Lake-Blackfoot Valley have sold for 1% less than they did a month ago.

Summary: The median home sold price in Seeley Lake-Blackfoot Valley was $777,500 in December 2024, down 1% from last month, and the median price per square foot was $274.

Median Sold Price By City

Median Sold 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 MoM
Bonner
+21.3%
Seeley Lake-Blackfoot Valley
-1.0%
Seeley Lake
-47.3%

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.
BedsNov 2024Dec 2024Change MoM
1--
N/A
2$845K-
N/A
3$658.7K$777.5K
+18.0%
4--
N/A
5--
N/A

Summary: Seeley Lake-Blackfoot Valley housing price by bedroom type for December 2024, compared to the previous month. 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 increased by +18.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Seeley Lake-Blackfoot Valley, MT

How many homes are available in Seeley Lake-Blackfoot Valley, 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
44Last MonthDec 2024
442 months agoNov 2024
0.0 %
Change MoMNov – Dec

Summary: The Seeley Lake-Blackfoot Valley real estate market had 44 homes for sale in Dec 2024, the same as Nov 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
5Last MonthDec 2024
42 months agoNov 2024
+25.0 %
Change MoMNov – Dec

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.
BedsNov 2024Dec 2024Change MoM
123
+50.0%
2119
-18.2%
32222
0.0%
444
0.0%
556
+20.0%

Summary: Seeley Lake-Blackfoot Valley housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes decreased by -18.2%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +20.0%.

Asking Price vs. Sold Price

How much do homes in Seeley Lake-Blackfoot Valley, 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 Price0 Home

At Asking Price1 Home

Under Asking Price4 Homes

Insight

If you're buying a home in Seeley Lake-Blackfoot Valley, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Seeley Lake-Blackfoot Valley in December 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and and 0% were sold over asking.

Days on Market for Seeley Lake-Blackfoot Valley, MT

How long does it take to sell a home in Seeley Lake-Blackfoot Valley, MT?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days4 Homes

Insight

Most homes in Seeley Lake-Blackfoot Valley are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 5 homes were sold in Seeley Lake-Blackfoot Valley; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 80% 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.
Last Month1 month agoChange MoM
206 DaysLast MonthDec 2024
72 Days1 month agoNov 2024
+186.2 %
Change MoMNov – Dec

Summary: Homes in Seeley Lake-Blackfoot Valley had an average listing age of 206 days in Dec 2024, up by 186.2% compared to the previous month.

Newest Listings in Seeley Lake-Blackfoot Valley, MT

What homes are available in Seeley Lake-Blackfoot Valley, MT?

MLS Disclaimers and Copyright

Based on information from Montana Regional MLS, and Big Sky Country MLS for the period 11/01/2024 - 01/01/2025

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: 1/17/2025, 10:21:01 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: 1/17/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.