Is Wolf Creek, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Wolf Creek was a Seller's Market.
Key Takeaway
Wolf Creek is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wolf Creek, MT
How much do homes in Wolf Creek, MT cost?
Median Sold Price
$692,450
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wolf Creek have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Wolf Creek was $692,450 in May 2024, up 1.8% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $422.5K | +59.4% |
| 2 Bedrooms | $560K | $705K | +25.9% |
| 3 Bedrooms | $565K | $589K | +4.2% |
| 4 Bedrooms | $743.8K | $719K | -3.3% |
| 5+ Bedrooms | $1.2M | $1.1M | -8.0% |
Summary: Wolf Creek housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.4%, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Cities
| Townsend East | $347K | $374K | +7.8% |
| Wolf Creek | $680K | $692.4K | +1.8% |
| Lincoln | $462.4K | $460K | -0.5% |
Housing Supply in Wolf Creek, MT
How many homes are available in Wolf Creek, MT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 39 | +39.3% |
Summary: The Wolf Creek real estate market had 39 homes for sale in May 2024, a 39.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 9 | 16 | +77.8% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Wolf Creek housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 77.8%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wolf Creek, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Wolf Creek in May 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Wolf Creek, MT
How long does it take to sell a home in Wolf Creek, MT?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 95 Days | 44 Days | -53.8% |
Summary: Homes in Wolf Creek had an average of 44 days on market in May 2024, down by 53.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wolf Creek has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Wolf Creek; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
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© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.