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Featured local agent — Reed Point, MT
Sarah Mitchell
Compass Real Estate · Reed Point, MT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Reed Point, MT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$615,000median sale price
How is the Reed Point, MT housing market right now?
The median home sale price in Reed Point, MT is $615,000. Homes sell in an average of 133 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of November 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Reed Point a buyer's or seller's market?
Reed Point, MT is currently a balanced market, based on 2.0 months of supply and homes selling in about 133 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
133
Average pace
Active listings
2
2.0 months supply
Sale-to-list
—
Below asking
What does the Reed Point housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $615,000 |
| Median list price | $625,000 |
| Average days on market | 133 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Median price per sq ft | $194/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Reed Point by property type?
How the Reed Point, MT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $615,000 | $194/sq ft | 1 | 133 days |
Source: Redfin · Updated monthly
The Reed Point housing market is currently classified as a balanced market with a median sale price of $615,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 133 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.1x provides context for how home values compare to local earning capacity.
Homes for sale in Reed Point
There are currently 2 homes listed for sale in Reed Point, Montana. The median listing price is $625K.
Active listings
2
Homes on market
Median list price
$625K
Avg. days on market
133
Days until sale
New this week
1
Newly listed
Who lives in Reed Point?
Population
113
Median income
$79,375/yr
Median age
60.3 years
Owner-occupied
92.9%
College grads
18.3%
Avg commute
24.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Reed Point?
Zillow home value
$560,170
Price-to-income
7.1x
Source: Zillow Research
What is it like to live in Reed Point?
Reed Point is a community of approximately 0K residents with a median age of 60.3 years.The median household income is $79,375, which reflects a relatively affluent area with strong earning potential. 18.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 92.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Reed Point offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Reed Point?
3 schools tracked · 56 students
The largest public schools serving Reed Point, MT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Reed Point Elementary
Grades PK-6 · 27 students
Reed Point High School
Grades 9-12 · 16 students
Reed Point 7-8
Grades 7-8 · 13 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Reed Point, MT?
Want a head-to-head view? Compare Reed Point side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Reed Point?
The median home sale price in Reed Point is $615,000, down 0.0% from last year.
How long do homes stay on market in Reed Point?
Homes typically spend 133 days on market before going under contract.
What is the median income in Reed Point?
The median household income is $79,375 per year.
Is Reed Point a buyer's or seller's market?
With 2.0 months of supply, Reed Point is currently a balanced market.
What is the Zillow home value estimate for Reed Point?
The Zillow Home Value Index (ZHVI) for Reed Point is $560,170, representing the typical home value in the area.
How much does a single-family home cost in Reed Point?
The median single-family home price in Reed Point, MT is $615,000 (about $194 per square foot).
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