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Is Ennis, MT 59729 a buyer’s or seller’s market?

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

Ennis is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.5Under 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 market80Listing to accepted offer
Median price per sq ft$408▼ −25.5% vs. last year

The Ennis housing market right now

In the three months ending August 31, 2026, 0% of homes in Ennis, MT 59729 sold above their list price, the typical home went under contract in 80 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 26 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 (58 days then) and the median sale price rose 18% to $748,676. Overall, Ennis is less competitive than a year ago, which gives buyers more room.

Within Madison County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Run the numbers for 59729

Prefilled for 59729Can I win this house?Multiple-offer likelihood for a listing Prefilled for 59729Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alder 59710Buyer’s market $289 /sq ftBig Sky 59716Buyer’s market $926 /sq ftCameron 59720Buyer’s market $810 /sq ftHarrison 59735Balanced $332 /sq ft Browse all markets →

Towns like Ennis nearby

Find towns like Ennis in other states →
Three Forks, MT59752 · 37 miles away84% similarlarger Manhattan, MT59741 · 36 miles away76% similarpricier homes ($135K more) · larger Sheridan, MT59749 · 24 miles away64% similarcheaper homes ($98K less) · smaller Belgrade, MT59714 · 39 miles away56% similarpricier homes ($68K more) · larger

Where Ennis is

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Questions about Ennis real estate

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

A buyer’s market: there were 7.5 months of supply in Ennis, MT 59729 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 Ennis?

The typical home went under contract in 80 days in the latest three months.

Do homes in Ennis sell over asking?

0% of homes sold above their original list price.

What are property taxes in Ennis?

About 0.41% of a home’s value a year in Madison County, or roughly $1,640 on a $400,000 home.

What is the median home price in Ennis?

The median sale price was $748,676 in the three months ending August 31, 2026, about $408 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