Ravalli, MT Foreclosures
How much do homes sell for in Ravalli, MT?
The average home price is currently $318,802.
What’s the average rental cost in Ravalli, MT?
The average rental price in Ravalli is $1,274.
What is the most expensive home in Ravalli?
The most expensive home sold in Ravalli had a price of $614,971.
What is currently the cheapest priced home in Ravalli, MT?
The cheapest home for sale in Ravalli is priced at $132,944.
Living in Ravalli, MT
Ravalli, Montana is a quaint town located in a beautiful valley, known for its inviting community and outdoor recreational opportunities. It offers a peaceful lifestyle amid magnificent mountain landscapes. Residents enjoy access to local amenities, strong community support, and numerous outdoor activities.
Current Market Conditions in Ravalli, MT
The real estate market in Ravalli has shown steady growth, with a noticeable rise in demand for properties in recent months. Potential buyers are attracted to the area's natural beauty and affordability compared to larger urban centers. The market is characterized by a mix of single-family homes, some historic properties, and new constructions, appealing to a diverse range of buyers.
Currently, there is a slight upward trend in property prices due to increased interest in the area, particularly among those seeking vacation homes or retreat properties. Homes are selling relatively quickly, indicating a competitive environment. However, inventory levels remain sufficient to meet the demand, allowing buyers a reasonable selection of homes.
Home Value Estimator For Ravalli, MT
There are currently 42 real estate properties
in Ravalli, MT,
with a median automated valuation model (AVM) price
of $304,168.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ravalli, MT, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Ravalli, MT,
is $318,802.00, with the most expensive house
in Ravalli, MT, topping out
at $614,971.00 and the cheapest home
in Ravalli, MT,
clocking in at $132,944.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ravalli, MT!
Rent Prices
In Ravalli, MT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ravalli, MT, is on
a rollercoaster ride. The
average rent price in Ravalli, MT,
is $1,274.00. Indeed, when looking to rent in
Ravalli, MT, you can expect to pay as little
as $860.00 or as much
as $1,670.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Ravalli, MT
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.