Is Sweet Grass County, 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, Sweet Grass County was a Seller's Market.
Key Takeaway
Sweet Grass County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sweet Grass County, MT
How much do homes in Sweet Grass County, MT cost?
Median Sold Price
$375,250
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Sweet Grass County have sold for 12.7% less than they did a year ago.
Summary: The median home sold price in Sweet Grass County was $375,250 in May 2024, down 12.7% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $209.7K | -6.8% |
| 2 Bedrooms | $280K | $290K | +3.6% |
| 3 Bedrooms | $364.5K | $435K | +19.3% |
| 4 Bedrooms | $689K | $465K | -32.5% |
| 5+ Bedrooms | $595K | $360K | -39.5% |
Summary: Sweet Grass County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 19.3%, 4 bedroom homes decreased by 32.5%, and 5+ bedroom homes decreased by 39.5%.
Median Sold Price Compared To Nearby Counties
| Park County | $513K | $519.2K | +1.2% |
| Sweet Grass County | $430K | $375.2K | -12.7% |
Housing Supply in Sweet Grass County, MT
How many homes are available in Sweet Grass County, MT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 24 | +14.3% |
Summary: The Sweet Grass County real estate market had 24 homes for sale in May 2024, a 14.3% 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Sweet Grass County 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 decreased by 16.7%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sweet Grass County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Sweet Grass County in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sweet Grass County, MT
How long does it take to sell a home in Sweet Grass County, MT?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 151 Days | 24 Days | -84.1% |
Summary: Homes in Sweet Grass County had an average of 24 days on market in May 2024, down by 84.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sweet Grass County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Sweet Grass County; 50% of homes were sold within 30 days, 50% 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 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.
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.