Is Colstrip, MT 59323 a buyer’s or seller’s market?
Colstrip is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Colstrip housing market right now
In the three months ending August 31, 2026, 0% of homes in Colstrip, MT 59323 sold above their list price, the typical home went under contract in 57 days and there were 12.8 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 more slowly (48 days then) and the median sale price fell 30% to $334,855. Overall, Colstrip is less competitive than a year ago, which gives buyers more room.
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Questions about Colstrip real estate
Is Colstrip a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Colstrip, MT 59323 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 Colstrip?
The typical home went under contract in 57 days in the latest three months.
Do homes in Colstrip sell over asking?
0% of homes sold above their original list price.
What are property taxes in Colstrip?
About 0.70% of a home’s value a year in Rosebud County, or roughly $2,800 on a $400,000 home.
What is the median home price in Colstrip?
The median sale price was $334,855 in the three months ending August 31, 2026, about $134 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