Is Basin, MT 59631 a buyer’s or seller’s market?
Basin is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Basin housing market right now
In the three months ending August 31, 2026, 0% of homes in Basin, MT 59631 sold above their list price, the typical home went under contract in 77 days and there were 6.4 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.
Within Jefferson County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Run the numbers for 59631
Nearby markets
Boulder 59632Buyer’s market $180 /sq ftCardwell 59721Buyer’s market $304 /sq ftClancy 59634Balanced $264 /sq ftJefferson City 59638Buyer’s market $211 /sq ft Browse all markets →Where Basin is
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Questions about Basin real estate
Is Basin a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Basin, MT 59631 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 Basin?
The typical home went under contract in 77 days in the latest three months.
Do homes in Basin sell over asking?
0% of homes sold above their original list price.
What are property taxes in Basin?
About 0.55% of a home’s value a year in Jefferson County, or roughly $2,200 on a $400,000 home.
What is the median home price in Basin?
The median sale price was $348,849 in the three months ending August 31, 2026, about $261 per square foot.
Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology