Is Anaconda, 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, Anaconda was a Buyer's Market.
Housing Prices in Anaconda, MT
How much do homes in Anaconda, MT cost?
Median Sold Price
$268,500
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Anaconda was $268,500 in April 2024, up 7.4% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $131.5K | $220K | +67.3% |
2 Bedrooms | $187K | $217.5K | +16.3% |
3 Bedrooms | $285K | $287K | +0.7% |
4 Bedrooms | $312K | $372K | +19.2% |
5+ Bedrooms | $296.7K | $467.5K | +57.5% |
Summary: Anaconda housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.3%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 57.5%.
Median Sold Price Compared To Nearby Cities
Anaconda | $250K | $268.5K | +7.4% |
Warm Springs | $377.5K | $225K | -40.4% |
Housing Supply in Anaconda, MT
How many homes are available in Anaconda, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 64 | +16.4% |
Summary: The Anaconda real estate market had 64 homes for sale in April 2024, a 16.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 17 | 19 | +11.8% |
3 Bedrooms | 19 | 25 | +31.6% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Anaconda 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 11.8%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 13 | +225.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Anaconda in April 2024, up by 225.0% month-over-month. Of the 13 sold homes, 92% were sold under asking, 0% were sold at asking, and 8% were sold over asking.
Days on Market for Anaconda, MT
How long does it take to sell a home in Anaconda, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 97 Days | +64.9% |
Summary: Homes in Anaconda had an average of 97 days on market in Apr 2024, up by 64.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Anaconda; 31% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.