Is Elmo, MT 59915 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Elmo housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Lake County, MT

Population	452
Median income	$58,750
Average income	$66,918
Owner-occupied	83% of homes
Median year built	1994

Natural hazard riskWinter storms (very high), wildfire (moderate), earthquakes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 59915; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 59915

Prefilled for 59915Can I win this house?Multiple-offer likelihood for a listing Prefilled for 59915Over-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 ft Bigfork 59911Buyer’s market $456 /sq ft Charlo 59824Buyer’s market $247 /sq ft Dayton 59914Buyer’s market $100 /sq ft Browse all markets →

Where Elmo is

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Questions about Elmo real estate

What are property taxes in Elmo?

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

Local agents

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More tools for 59915

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Lake County property taxes Lake County loan limits Closing costs in Montana Hottest ZIP codes in Montana

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology