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Is Ronan, MT 59864 a buyer’s or seller’s market?

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

Ronan is a buyer’s market. With about 6.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.2Under 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$274▼ −5.8% vs. last year

The Ronan housing market right now

In the three months ending August 31, 2026, 0% of homes in Ronan, MT 59864 sold above their list price, the typical home went under contract in 60 days and there were 6.2 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 20 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (151 days then) and the median sale price fell 23% to $349,849. Overall, Ronan is more competitive than a year ago, so tougher for buyers.

Within Lake County, homes here sell faster than in 80% 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 59864

Prefilled for 59864Can I win this house?Multiple-offer likelihood for a listing Prefilled for 59864Over-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 ftCharlo 59824Buyer’s market $247 /sq ftDayton 59914Buyer’s market $100 /sq ft Browse all markets →

Towns like Ronan nearby

Find towns like Ronan in other states →
Polson, MT59860 · 9 miles away78% similarpricier homes ($144K more) · larger Arlee, MT59821 · 25 miles away74% similarpricier homes ($78K more) · smaller Saint Ignatius, MT59865 · 15 miles away66% similarpricier homes ($48K more) · smaller Plains, MT59859 · 37 miles away61% similarpricier homes ($132K more) · smaller

Where Ronan is

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Questions about Ronan real estate

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

A buyer’s market: there were 6.2 months of supply in Ronan, MT 59864 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 Ronan?

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

Do homes in Ronan sell over asking?

0% of homes sold above their original list price.

What are property taxes in Ronan?

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 Ronan?

The median sale price was $349,849 in the three months ending August 31, 2026, about $274 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