Is Essex, MT 59916 a buyer’s or seller’s market?

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

Essex is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 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 market160Listing to accepted offer
Median price per sq ft$452▲ +35.0% vs. last year

The Essex housing market right now

In the three months ending August 31, 2026, 0% of homes in Essex, MT 59916 sold above their list price, the typical home went under contract in 160 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 faster (229 days then) and the median sale price fell 18% to $421,817. Overall, Essex is more competitive than a year ago, so tougher for buyers.

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

Nearby markets

Columbia Falls 59912Buyer’s market $399 /sq ftCoram 59913 — /sq ftHungry Horse 59919Seller’s market $300 /sq ftKalispell 59901Balanced $334 /sq ft Browse all markets →

Where Essex is

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Questions about Essex real estate

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

A buyer’s market: there were 8 months of supply in Essex, MT 59916 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 Essex?

The typical home went under contract in 160 days in the latest three months.

Do homes in Essex sell over asking?

0% of homes sold above their original list price.

What are property taxes in Essex?

About 0.58% of a home’s value a year in Flathead County, or roughly $2,320 on a $400,000 home.

What is the median home price in Essex?

The median sale price was $421,817 in the three months ending August 31, 2026, about $452 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