Reed Point, MT

Balanced market

Housing market overview · Updated weekly

$615,000median sale price

Homes sold

1

Last 12 weeks

Days on market

133

Average pace

Active listings

2

2.0 months supply

Sale-to-list

Below asking

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.

Market trends

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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.

Is Reed Point a buyer's or seller's market?

With 2.0 months of supply, Reed Point is currently a balanced market.

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