Milk River
Milk River

Milk River Housing Market Report

Seller's Market

All types - for the month of March

Buyer's market Seller's market

3

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

88

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

9

New

2(0% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 4, in 2023: 10, in 2022: -

Total Sold Listings*

3

Median Sold Price

$150,000

Avg Days on Market

88 days

Median Bidding

-$19,900

Compared to number of sold, same period, in 2024: 2, in 2023: 0, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Milk River - All types

Sold vs Active vs New vs Relisted - Milk River - All types

Sold Price Distribution - Milk River - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Milk River - All types

Property type distribution based on data from the last 3 months.

Median Price - Milk River - All types

Population and Demographics

Overview

Total population 359
Average household income $92,437

Age (%)

65 and plus
36%
50 to 64
24%
0 to 19
17%
35 to 49
12%
20 to 34
11%

Household composition (%)

Single family
60%
Single person
38%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
94%
German
3%
French
3%
Others
0%

House tenancy (%)

Owners
74%
Renters
26%