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Is Charlo, MT 59824 a buyer’s or seller’s market?

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

Charlo is a buyer’s market. With about 8.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.5Under 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 market244Listing to accepted offer
Median price per sq ft$247▼ −3.7% vs. last year

The Charlo housing market right now

In the three months ending August 31, 2026, 0% of homes in Charlo, MT 59824 sold above their list price, the typical home went under contract in 244 days and there were 8.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, 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 (44 days then) and the median sale price rose 13% to $507,680. Overall, Charlo is less competitive than a year ago, which gives buyers more room.

Within Lake County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Run the numbers for 59824

Prefilled for 59824Can I win this house?Multiple-offer likelihood for a listing Prefilled for 59824Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Big Arm 59910Balanced $414 /sq ftBigfork 59911Buyer’s market $456 /sq ftDayton 59914Buyer’s market $100 /sq ftElmo 59915 — /sq ft Browse all markets →

Towns like Charlo nearby

Find towns like Charlo in other states →
Arlee, MT59821 · 18 miles away83% similarpricier homes ($57K more) · larger Saint Ignatius, MT59865 · 9 miles away80% similarpricier homes ($28K more) · larger Superior, MT59872 · 38 miles away79% similarpricier homes ($79K more) · larger Alberton, MT59820 · 35 miles away76% similarpricier homes ($50K more) · 7 min longer commute

Where Charlo is

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Questions about Charlo real estate

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

A buyer’s market: there were 8.5 months of supply in Charlo, MT 59824 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 Charlo?

The typical home went under contract in 244 days in the latest three months.

Do homes in Charlo sell over asking?

0% of homes sold above their original list price.

What are property taxes in Charlo?

About 0.61% of a home’s value a year in Lake County, or roughly $2,440 on a $400,000 home.

What is the median home price in Charlo?

The median sale price was $507,680 in the three months ending August 31, 2026, about $247 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