Is Ulm, MT 59485 a buyer’s or seller’s market?

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

Ulm 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.

Months of supply12.8Under 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 market107Listing to accepted offer
Median price per sq ft$230▼ −4.8% vs. last year

The Ulm housing market right now

In the three months ending August 31, 2026, 0% of homes in Ulm, MT 59485 sold above their list price, the typical home went under contract in 107 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 (45 days then) and the median sale price rose 25% to $484,790. Overall, Ulm is less competitive than a year ago, which gives buyers more room.

Within Cascade County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby markets

Belt 59412Balanced $202 /sq ftBlack Eagle 59414Balanced $201 /sq ftCascade 59421Buyer’s market $267 /sq ftFort Shaw 59443Seller’s market $217 /sq ft Browse all markets →

Where Ulm is

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Questions about Ulm real estate

Is Ulm a buyer’s or seller’s market?

A buyer’s market: there were 12.8 months of supply in Ulm, MT 59485 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 Ulm?

The typical home went under contract in 107 days in the latest three months.

Do homes in Ulm sell over asking?

0% of homes sold above their original list price.

What are property taxes in Ulm?

About 0.87% of a home’s value a year in Cascade County, or roughly $3,480 on a $400,000 home.

What is the median home price in Ulm?

The median sale price was $484,790 in the three months ending August 31, 2026, about $230 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