Watching the national housing market shift always makes me reflect on what it means for buyers—especially those considering a move to Montana. Active inventory is up about 4% compared to last year, though that pace of growth has finally eased after several weeks of climbing. This signals a gentle move toward a more buyer-friendly market, but without a sudden surge in homes for sale. Homes are spending an average of 61 days on the market, the same as last year, which fits the typical late-Q3 slowdown we often see after a busier spring and early summer.
New listings dipped just 1% year-over-year, settling back near 2025 levels. It’s a reminder that affordability is still on everyone’s mind—some buyers are sitting tight, and some sellers are waiting to see if it’s the right moment to list. The median listing price has softened slightly to $419,000 (down about 1% from last year), and price per square foot touched $222, the lowest since early this year.
While higher mortgage rates and a bit more inventory are easing the pressure for buyers, the pace remains measured. For those thinking about finding a home in a place like Ennis, a market like this rewards patience and attention to detail—two things I value deeply from my years of listening, asking the right questions, and helping people make decisions that truly fit their needs. If you’re weighing your options, know that a thoughtful approach is as important as ever.
Leave a Reply