Is Anaconda, MT 59711 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Anaconda is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply6Under 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 market60Listing to accepted offer
Median price per sq ft$189▼ −5.8% vs. last year

The Anaconda housing market right now

In the three months ending August 31, 2026, 0% of homes in Anaconda, MT 59711 sold above their list price, the typical home went under contract in 60 days and there were 6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 32 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (54 days then) and the median sale price rose 25% to $349,849. Overall, Anaconda is about as competitive as it was a year ago.

Nearby markets

Wise River 59762Seller’s market $460 /sq ft Browse all markets →

Where Anaconda is

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Questions about Anaconda real estate

Is Anaconda a buyer’s or seller’s market?

A balanced market: there were 6 months of supply in Anaconda, MT 59711 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 Anaconda?

The typical home went under contract in 60 days in the latest three months.

Do homes in Anaconda sell over asking?

0% of homes sold above their original list price.

What are property taxes in Anaconda?

About 0.78% of a home’s value a year in Deer Lodge County, or roughly $3,120 on a $400,000 home.

What is the median home price in Anaconda?

The median sale price was $349,849 in the three months ending August 31, 2026, about $189 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