Is Mc Leod, MT 59052 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Mc Leod is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market9Listing to accepted offer
Median price per sq ft$780▼ −29.5% vs. last year

The Mc Leod housing market right now

In the three months ending August 31, 2026, 0% of homes in Mc Leod, MT 59052 sold above their list price, the typical home went under contract in 9 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (25 days then) and the median sale price fell 86% to $598,741. Overall, Mc Leod is more competitive than a year ago, so tougher for buyers.

Nearby markets

Big Timber 59011Buyer’s market $211 /sq ft Browse all markets →

Where Mc Leod is

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Questions about Mc Leod real estate

Is Mc Leod a buyer’s or seller’s market?

A buyer’s market: there were 16 months of supply in Mc Leod, MT 59052 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Mc Leod?

The typical home went under contract in 9 days in the latest three months.

Do homes in Mc Leod sell over asking?

0% of homes sold above their original list price.

What are property taxes in Mc Leod?

About 0.49% of a home’s value a year in Sweet Grass County, or roughly $1,960 on a $400,000 home.

What is the median home price in Mc Leod?

The median sale price was $598,741 in the three months ending August 31, 2026, about $780 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology