Silver Bow County by the Numbers
- Closed sales (last 90 days): 72
- Median sold price (last 90 days): $339,000
- Median price per square foot: $204
- Average days on market: Not available
- Median sold price (prior 90 days): $297,000
- Quarter-over-quarter median price change: 14.1%
What the Numbers Mean
The data indicates a notable increase in the median sold price for Silver Bow County, rising from $297,000 in the previous 90-day period to $339,000 in the current period. This reflects a 14.1% quarter-over-quarter change. It is important to contextualize these figures; with 72 closed sales recorded over the last three months, the sample size is relatively small. Small fluctuations in the type or location of properties sold during this window can disproportionately influence median calculations. While the data shows a clear upward trend in sold prices, the lack of available data regarding average days on market makes it difficult to draw definitive conclusions about current buyer urgency or inventory velocity.
For Buyers
- Focus on property fundamentals: Since the median price per square foot is currently $204, use this as a baseline to evaluate whether a home is priced competitively relative to its finished square footage rather than relying solely on the list price.
- Review long-term affordability: With the median sold price now at $339,000, ensure your financing pre-approval reflects current market conditions rather than relying on historical pricing, which has risen 14.1% since the previous quarter.
- Stay informed on local inventory: Given the modest volume of 72 closed sales, recognize that market conditions can change quickly; maintain consistent communication with your agent to act decisively when a property meeting your criteria enters the market.
For Sellers
- Price for the current market: The recent rise in the median sold price suggests a competitive environment, but avoid overpricing. Buyers are data-conscious and will be looking at the $204 price-per-square-foot benchmark to determine value.
- Prepare for property inspections: In a market where prices are rising, buyers often become more rigorous during the due diligence process. Ensure your property is well-maintained to justify current valuation levels.
- Understand the sales pace: Because average days on market data is currently unavailable, it is vital to work with a local professional who can provide real-time updates on how quickly comparable homes are moving in your specific neighborhood.
About This Report
This report is compiled using aggregated regional MLS closed-sale data provided via a licensed feed, covering the period of October 2026. Please be aware that past performance does not guarantee future results in the real estate market.