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REED POINT, MT 59069

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The REED POINT, MT real estate market (59069) currently shows 5 active listings, with 1 pending sales. Homes are averaging 102 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 102 days on market compared to 169 days last year.

The median listing price has fallen 10.5% year-over-year, from $614,450 to $550,000.

Whether you are buying or selling in REED POINT, MT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 544  ·  Density: 0.5/mi²  ·  Median household income: $61,406

Typical home value: $297,117  ·  Homeownership: 94.0%

Market Overview

Active Listings
5
⇧ 66.7% vs 3 last year
Pending
1
20% pending ratio
Median Price
$550,000
⇩ 10.5% vs $614,450 last year
Average Price
$562,000
⇩ 8.5% vs $614,450 last year
Days on Market
102
⇩ 39.6% vs 169 days last year

Price Per Square Foot

Median $/sqft
$271
⇧ 15.3% vs $235/sqft last year
Median Home Size
2,376 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 3 last year
  • Days on market: 102 now vs 169 last year

Median & Average Pricing

Year over Year
  • Median: $550,000 (-10.5% YoY)
  • Average: $562,000 (-8.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 48.7 miles — 332 listings ($310,528,568 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59069Reed Point, MT 590690.0 mi4$4,110,668$787,000$1,027,667
59019Columbus, MT 5901917.5 mi14$7,948,080$397,000$567,720
59061Nye, MT 5906126.7 mi6$3,410,298$593,000$568,383
59063Park City, MT 5906329.8 mi2$1,414,000$707,000$707,000
59070Roberts, MT 5907031.5 mi5$5,982,250$1,030,444$1,196,450
59041Joliet, MT 5904133.4 mi6$6,259,068$399,888$1,043,178
59068Red Lodge, MT 5906839.3 mi74$62,713,964$649,250$847,486
59078Shawmut, MT 5907841.8 mi2$450,000$225,000$225,000
59106Billings, MT 5910643.0 mi154$153,936,860$644,919$999,590
59015Broadview, MT 5901543.6 mi1$339,000$339,000$339,000
59074Ryegate, MT 5907446.1 mi2$611,900$305,950$305,950
59047Livingston, MT 5904748.2 mi60$60,957,480$585,625$1,015,958
59020Cooke City, MT 5902048.7 mi2$2,395,000$1,197,500$1,197,500

Frequently Asked Questions

How many homes are for sale in REED POINT, MT 59069?

As of March 2026, there are 5 active listings in REED POINT, MT (zip code 59069), compared to 3 the prior year.

What is the median home price in REED POINT, MT 59069?

The median listing price in REED POINT, MT 59069 is $550,000 as of March 2026, a 10.5% decrease from $614,450 the prior year.

How long do homes stay on the market in REED POINT, MT?

Homes in REED POINT, MT 59069 spend an average of 102 days on the market before going under contract, compared to 169 days the prior year.

Is it a seller's or buyer's market in REED POINT, MT 59069?

Based on current inventory and days-on-market data as of March 2026, REED POINT, MT 59069 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 102 days on market compared to 169 days last year.

How much can I save on real estate commission in REED POINT, MT?

With SELL123.com's maximum 3% commission, sellers in REED POINT, MT 59069 save an estimated $11,000 compared to a typical 5% commission on the median listing price of $550,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.