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Market Watch

Spring 2023 Ennis, Montana Single Family Market Update

Posted on July 1, 2023

We know that having all the facts makes for better real estate decisions. Let’s take a look at the single-family real estate market in Ennis, Montana as reported in the Big Sky Country MLS.

Ennis is a small town located in southwestern Montana, known for its scenic beauty, outdoor recreational activities, and relaxed lifestyle. The housing market in Ennis has been relatively stable in recent years, with a steady demand for single-family homes from both local residents and out-of-state buyers.

At this time, there are 35 units available on the market for an average list price of $1.3 million. This is a slight increase compared to the same time last year when 31 units were available for an average list price of just over $1 million. Sixteen homes have sold so far compared to 34 at this time last year. The average sold price is up 8% from last year, coming in at $790,000. 

The difference between the average list price and sales price can be attributed to the diverse types of homes available in the area. The Ennis housing market offers a range of options, including traditional homes near the town center, golf course homes, and legacy properties on 20 or more acres. No matter the variety, the percentage of the asking price received is sitting strong at 98%.

It is expected that the Ennis housing market will continue to experience steady demand for single-family homes in the coming months. Overall, people choose to live in Ennis, Montana because of its breathtaking natural surroundings, outdoor recreational opportunities, close-knit community, and the opportunity to embrace a relaxed way of life. Whether it's for retirement, vacation, or seeking a simpler lifestyle, we think Ennis continues to be a good buy in today's market.

 

We live here, we love it here and we are invested in our home communities. With offices across Bozeman, Big Sky, Livingston, and Ennis, contact our team of experts to assist with your real estate needs.

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All property data and market statistics are pulled from Big Sky Country MLS.

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