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Is Philipsburg, MT 59858 a buyer’s or seller’s market?

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

Philipsburg is a buyer’s market. With about 20 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply20Under 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 market224Listing to accepted offer
Median price per sq ft$316▲ +25.8% vs. last year

The Philipsburg housing market right now

In the three months ending August 31, 2026, 0% of homes in Philipsburg, MT 59858 sold above their list price, the typical home went under contract in 224 days and there were 20 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 (129 days then) and the median sale price fell 38% to $533,769. Overall, Philipsburg is less competitive than a year ago, which gives buyers more room.

Run the numbers for 59858

Prefilled for 59858Can I win this house?Multiple-offer likelihood for a listing Prefilled for 59858Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Clinton 59825Seller’s market $513 /sq ftDrummond 59832 — /sq ftHall 59837Buyer’s market $219 /sq ft Browse all markets →

Towns like Philipsburg nearby

Find towns like Philipsburg in other states →
Corvallis, MT59828 · 37 miles away49% similarpricier homes ($165K more) · larger Anaconda, MT59711 · 21 miles away46% similarcheaper homes ($143K less) · larger Clinton, MT59825 · 36 miles away43% similarhigher income ($33K more) · larger Stevensville, MT59870 · 38 miles away40% similarpricier homes ($136K more) · larger

Where Philipsburg is

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Questions about Philipsburg real estate

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

A buyer’s market: there were 20 months of supply in Philipsburg, MT 59858 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 Philipsburg?

The typical home went under contract in 224 days in the latest three months.

Do homes in Philipsburg sell over asking?

0% of homes sold above their original list price.

What are property taxes in Philipsburg?

About 0.60% of a home’s value a year in Granite County, or roughly $2,400 on a $400,000 home.

What is the median home price in Philipsburg?

The median sale price was $533,769 in the three months ending August 31, 2026, about $316 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