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Is Libby, MT 59923 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Libby is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.9Under 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 market63Listing to accepted offer
Median price per sq ft$253▼ −1.5% vs. last year

The Libby housing market right now

In the three months ending August 31, 2026, 0% of homes in Libby, MT 59923 sold above their list price, the typical home went under contract in 63 days and there were 5.9 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 37 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (120 days then) and the median sale price rose 13% to $453,804. Overall, Libby is more competitive than a year ago, so tougher for buyers.

Within Lincoln County, homes here sell faster than in 75% 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 59923

Prefilled for 59923Can I win this house?Multiple-offer likelihood for a listing Prefilled for 59923Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Eureka 59917Buyer’s market $379 /sq ftFortine 59918Buyer’s market $369 /sq ftRexford 59930Buyer’s market $301 /sq ftTrego 59934 — /sq ft Browse all markets →

Towns like Libby nearby

Find towns like Libby in other states →
Troy, MT59935 · 17 miles away58% similarpricier homes ($99K more) · smaller Clark Fork, ID83811 · 33 miles away52% similarpricier homes ($26K more) · smaller Moyie Springs, ID83845 · 39 miles away50% similarhigher income ($28K more) · pricier homes ($102K more) Naples, ID83847 · 39 miles away50% similarpricier homes ($273K more) · smaller

Where Libby is

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Questions about Libby real estate

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

A balanced market: there were 5.9 months of supply in Libby, MT 59923 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 Libby?

The typical home went under contract in 63 days in the latest three months.

Do homes in Libby sell over asking?

0% of homes sold above their original list price.

What are property taxes in Libby?

About 0.54% of a home’s value a year in Lincoln County, or roughly $2,160 on a $400,000 home.

What is the median home price in Libby?

The median sale price was $453,804 in the three months ending August 31, 2026, about $253 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