New - 2 days on Rocket
$2,375 Closing Credit¹
Beth Morkert, Listing Office: Realty Northwest
Thompson Falls Housing Market Report December 2024•Sanders County, Montana
Housing Prices in Thompson Falls, MT
How much do homes in Thompson Falls, MT cost?
Housing Market Conditions
Is Thompson Falls, MT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Thompson Falls is a Neutral Market
Difference Since November 2024
Last month, Thompson Falls was a Buyer's Market.
Insight
Thompson Falls 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
$585,000$344/SqFt
+$411,750
+237.7%
Based on all homes sold in December 2024
Insight
Homes in Thompson Falls have sold for 237.7% more than they did a month ago.
Summary: The median home sold price in Thompson Falls was $585,000 in December 2024, up 237.7% from last month, and the median price per square foot was $344.
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $140K | $530K | +278.6% |
| 33 Bedrooms | - | $647.5K | N/A |
| 44 Bedrooms | $206.5K | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Thompson Falls 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 increased by +278.6%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Thompson Falls, MT
How many homes are available in Thompson Falls, MT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthDec 2024 | ||
| 182 months agoNov 2024 | +11.1 % Change MoMNov – Dec |
Summary: The Thompson Falls real estate market had 20 homes for sale in Dec 2024, a 11.1 % increase compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthDec 2024 | ||
| 22 months agoNov 2024 | +50.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 3 | +50.0% |
| 22 Bedrooms | 4 | 3 | -25.0% |
| 33 Bedrooms | 8 | 11 | +37.5% |
| 44 Bedrooms | 2 | 1 | -50.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Thompson Falls 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 -25.0%. The inventory for 3 bedroom homes increased by +37.5%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Thompson Falls, MT cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Thompson Falls, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Thompson Falls in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Thompson Falls, MT
How long does it take to sell a home in Thompson Falls, MT?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Avg time on Rocket Homes in Thompson Falls has remained consistent over time.
Summary: During December 2024, 3 homes were sold in Thompson Falls; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 66 DaysLast MonthDec 2024 | ||
| 49 Days1 month agoNov 2024 | +34.7 % Change MoMNov – Dec |
Summary: Homes in Thompson Falls had an average listing age of 66 days in Dec 2024, up by 34.7% compared to the previous month.
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Newest Listings in Thompson Falls, MT
What homes are available in Thompson Falls, MT?
Tanner Rauk, Joseph Sangimino, Listing Office: Whitetail Properties RE LLC, Whitetail Properties Real Estate
Backup offers
$6,033 Closing Credit¹
Rae Rivera, Listing Office: Realty Northwest
$8,609 Closing Credit¹
Sharon Sorlie, Bonnie Abbott, Listing Office: Realty Northwest
Tina M Daugherty, Listing Office: Realty Northwest
$6,828 Closing Credit¹
Elijah Franssen, Listing Office: Rise Realty Montana
Rae Rivera, Listing Office: Realty Northwest
$4,275 Closing Credit¹
Debi Renee Hood, Listing Office: Berkshire Hathaway HomeServices - Bigfork
Backup offers
Leanna Pardee, Listing Office: Elliott Realty
$6,530 Closing Credit¹
Tina M Daugherty, Listing Office: Realty Northwest
$10,000 Closing Credit¹
Burke L Tyree, Listing Office: Tyree Real Estate, Inc.
$5,902 Closing Credit¹
Jeannette Carr, Listing Office: Clearwater Montana Properties - Noxon
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MLS Disclaimers and Copyright
Based on information from Montana Regional MLS, for the period 11/01/2024 - 01/01/2025
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: 1/30/2025, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.