Is Captain John Mullan, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Captain John Mullan has remained a Seller's Market.
Housing Prices in Captain John Mullan, MT
How much do homes in Captain John Mullan, MT cost?
Median Sold Price
$524,500
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Captain John Mullan was $524,500 in May 2024, up 0.9% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $349.1K | $329K | -5.8% |
3 Bedrooms | $541K | $524K | -3.1% |
4 Bedrooms | $587.5K | $625K | +6.4% |
5+ Bedrooms | $750K | $715K | -4.7% |
Summary: Captain John Mullan housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Neighborhoods
River Road | $420K | $439K | +4.5% |
Captain John Mullan | $520K | $524.5K | +0.9% |
Westside | $342K | $331.2K | -3.1% |
Housing Supply in Captain John Mullan, MT
How many homes are available in Captain John Mullan, MT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 59 | +13.5% |
Summary: The Captain John Mullan real estate market had 59 homes for sale in May 2024, a 13.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 30 | 33 | +10.0% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Captain John Mullan 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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Captain John Mullan in May 2024, up by 7.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 50% were sold at asking, and 14% were sold over asking.
Days on Market for Captain John Mullan, MT
How long does it take to sell a home in Captain John Mullan, MT?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
66 Days | 47 Days | -27.9% |
Summary: Homes in Captain John Mullan had an average of 47 days on market in May 2024, down by 27.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Captain John Mullan; 36% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.