4 days on Rocket
$7,303 Closing Credit¹
#403328, Curt VanDyken, Listing office: Venture West Realty
Three Forks Housing Market Report May 2025•Gallatin County, Montana
Housing Prices in Three Forks, MT
How much do homes in Three Forks, MT cost?
Housing Market Conditions
Is Three Forks, MT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Three Forks is a Seller's Market
Difference Since May 2024
Since last year, Three Forks has remained a Seller's Market.
Insight
Three Forks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$562,500$317/SqFt
+$10,000
+1.8%
Based on all homes sold in the last 12 months
Insight
Homes in Three Forks have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Three Forks was $562,500 in May 2025, up 1.8% from last year, and the median price per square foot was $317.
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $182.5K | $380K | +108.2% |
| 22 Bedrooms | $295K | $362K | +22.7% |
| 33 Bedrooms | $545K | $553.5K | +1.6% |
| 44 Bedrooms | $675K | $685K | +1.5% |
| 55+ Bedrooms | $650K | $716K | +10.2% |
Summary: Three Forks housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +108.2%. The home price for 2 bedroom homes increased by +22.7%. The home price for 3 bedroom homes increased by +1.6%. The home price for 4 bedroom homes increased by +1.5%. The home price for 5 bedroom homes increased by +10.2%.
How does Three Forks, MT compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Three Forks, MT
Housing supply in Three Forks, MT
How many homes are available in Three Forks, MT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 58Last MonthMay 2025 | ||
| 452 months agoApr 2025 | +28.9 % Change MoMApr – May |
Summary: The Three Forks real estate market had 58 homes for sale in May 2025, a 28.9 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthMay 2025 | ||
| 62 months agoApr 2025 | +166.7 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 3 | +50.0% |
| 22 Bedrooms | 5 | 6 | +20.0% |
| 33 Bedrooms | 19 | 23 | +21.1% |
| 44 Bedrooms | 15 | 20 | +33.3% |
| 55+ Bedrooms | 4 | 6 | +50.0% |
Summary: Three Forks housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes increased by +21.1%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in Three Forks, MT cost?
Over Asking Price4 Homes
At Asking Price2 Homes
Under Asking Price10 Homes
Insight
If you're buying a home in Three Forks, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Three Forks in May 2025, up by 166.7% month-over-month. Of the 16 sold homes, 63% were sold under asking, 13% were sold at asking, and and 25% were sold over asking.
Days on Market for Three Forks, MT
How long does it take to sell a home in Three Forks, MT?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days4 Homes
Over 90 Days5 Homes
Insight
Many homes in Three Forks are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 16 homes were sold in Three Forks; 44% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 99 DaysThis YearMay 2025 | ||
| 53 Days1 year agoMay 2024 | +85.7 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Three Forks had an average listing age of 99 days in May 2025, up by 85.7% compared to the previous year.
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Newest Listings in Three Forks, MT
What homes are available in Three Forks, MT?
4 days on RocketTour
#403267, Jenny Walby, Listing office: Bozeman Real Estate Group
5 days on Rocket
$9,499 Closing Credit¹
#30052291, Donnie Olsson, Listing office: Donnie Olsson Real Estate
5 days on Rocket
#403262, Kimberly Luce, Listing office: Small Dog Realty
Tour
$6,294 Closing Credit¹
#403049, Anne Kreder, Listing office: Engel & Volkers - Bozeman
#402817, Nathan Dyk, Listing office: McCaw, DeVries, Steinhauer & Co.
$10,000 Closing Credit¹
#402799, Sheri Brown, Listing office: Venture West Realty
$7,719 Closing Credit¹
#402946, J.R. Tonjum, Listing office: Realty One Group Peak
$6,876 Closing Credit¹
#400842, Charles Eastty, Listing office: eXp Realty, LLC
$8,905 Closing Credit¹
#402544, Roxanne Kallem, Listing office: Venture West Realty
$6,234 Closing Credit¹
#402519, Mandee Arnold, Listing office: Yellowstone Brokers
$5,463 Closing Credit¹
#402531, Jenifer Lower, Listing office: Bozeman Montana Real Estate
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Nearby markets aren't available for Three Forks, MT
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MLS Disclaimers and Copyright
Based on information from Big Sky Country MLS, and Montana Regional MLS for the period 06/01/2023 - 06/01/2025
The 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: 6/23/2025, 1:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 6/23/2025, 1:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.