Montana Home Sales: Are They Heating Up Or Cooling Down?

If you live in Montana and looking to buy a home, then you know that the real estate market has been a roller coaster ride for the last few years. Although Montana has long been on the radar as a beautiful place to live, the housing prices have skyrocketed in the last 4 years.

While certain areas of the state are more reasonable, places like Bozeman are priced beyond most local's budgets.

While some go ahead and overspend, others continue to "wait it out" in hopes that the market will correct itself and return to pre-pandemic prices. Unfortunately, the chances of that happening seem a little slim at this point.

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According to new research, if you plan on selling your Montana home, the odds are in your favor.

How long does it take to sell a home in Montana?

A recent study revealed which states sell homes at the quickest rate and according to the data, Montana is near the top. Cash For Home, a website that focuses on selling your home quickly took a look at each state to determine how long the average home is on the market.

READ MORE: 80 million dollar ranch for sale near Bozeman

According to the research, Montana homes spend an average of just under 22 days on the market before they sell. That puts Montana in the number 2 position. The only state where houses are selling faster is Mississipi.

For those looking for a deal and aren't opposed to leaving Big Sky Country, you might want to check out Oregon or Ohio as both states have the longest wait when it comes to home sales with the average between the two right at 43 days on the market.