Milk River
Milk River Housing Market Report
Buyer's Market
All types - for the month of May
Buyer's market Seller's market
6
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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.
109
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*
11 active
New
1(-75.00% YoY)
Relisted
-(- YoY)
Compared to number of active, same period, in 2024: 4, in 2023: 6, in 2022: -
Total Sold Listings*
2 sold
Median Sold Price
$258,500
Avg Days on Market
109 days
Median Bidding
-$10,950
Compared to number of sold, same period, in 2024: 3, in 2023: 3, in 2022: -
*Data is for the month of May
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
Just listed - Milk River
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Just sold - Milk River
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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%