Is Mineral County, 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, Mineral County was a Seller's Market.
Housing Prices in Mineral County, MT
How much do homes in Mineral County, MT cost?
Median Sold Price
$440,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mineral County was $440,000 in April 2024, up 4.5% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | $200K | -44.4% |
2 Bedrooms | $385K | $405K | +5.2% |
3 Bedrooms | $473.5K | $445K | -6.0% |
4 Bedrooms | $425K | $447.7K | +5.3% |
5+ Bedrooms | $1.2M | $1.6M | +32.8% |
Summary: Mineral County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.4%, 2 bedroom homes increased by 5.2%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 32.8%.
Median Sold Price Compared To Nearby Counties
Mineral County | $421K | $440K | +4.5% |
Missoula County | $545.5K | $563.7K | +3.3% |
Sanders County | $459.5K | $450K | -2.1% |
Housing Supply in Mineral County, MT
How many homes are available in Mineral County, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 36 | +24.1% |
Summary: The Mineral County real estate market had 36 homes for sale in April 2024, a 24.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 7 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 12 | 15 | +25.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Mineral County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Mineral County in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Mineral County, MT
How long does it take to sell a home in Mineral County, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
105 Days | 130 Days | +24.3% |
Summary: Homes in Mineral County had an average of 130 days on market in Apr 2024, up by 24.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Mineral County; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.