Is Dillon, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Dillon was a Neutral Market.
Housing Prices in Dillon, MT
How much do homes in Dillon, MT cost?
Median Sold Price
$388,500
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dillon was $388,500 in April 2024, up 43.6% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149.4K | - | N/A |
2 Bedrooms | $185.7K | $237K | +27.6% |
3 Bedrooms | $338.5K | $360.5K | +6.5% |
4 Bedrooms | $310K | $499K | +61.0% |
5+ Bedrooms | $345K | $528.5K | +53.2% |
Summary: Dillon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 61%, and 5+ bedroom homes increased by 53.2%.
Housing Supply in Dillon, MT
How many homes are available in Dillon, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 41 | 0.0% |
Summary: The Dillon real estate market had 41 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 15 | 16 | +6.7% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Dillon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Dillon in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for Dillon, MT
How long does it take to sell a home in Dillon, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
85 Days | 90 Days | +5.9% |
Summary: Homes in Dillon had an average of 90 days on market in Apr 2024, up by 5.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Dillon; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.