Is Powell 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, Powell County was a Buyer's Market.
Housing Prices in Powell County, MT
How much do homes in Powell County, MT cost?
Median Sold Price
$268,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Powell County was $268,500 in April 2024, up 1.5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $217.5K | +20.8% |
2 Bedrooms | $227.5K | $242K | +6.4% |
3 Bedrooms | $257.5K | $272K | +5.6% |
4 Bedrooms | $415K | $346K | -16.6% |
5+ Bedrooms | $424.7K | $255K | -40.0% |
Summary: Powell County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.8%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes decreased by 40%.
Median Sold Price Compared To Nearby Counties
Deer Lodge County | $260K | $285K | +9.6% |
Missoula County | $545.5K | $563.7K | +3.3% |
Lewis and Clark County | $446.4K | $455.2K | +2.0% |
Powell County | $264.4K | $268.5K | +1.5% |
Housing Supply in Powell County, MT
How many homes are available in Powell County, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 40 | +17.6% |
Summary: The Powell County real estate market had 40 homes for sale in April 2024, a 17.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 15 | 19 | +26.7% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Powell 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 8.3%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 11 | +450.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Powell County in April 2024, up by 450.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for Powell County, MT
How long does it take to sell a home in Powell County, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 193 Days | +442.4% |
Summary: Homes in Powell County had an average of 193 days on market in Apr 2024, up by 442.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Powell County; 0% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 73% of homes were sold over 90 days.