Is now a good time to buy land in Lewistown, Montana?
Lewistown, Montana is currently a strong buyer's market with 48.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
48.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 0 | 2 | 2 | 2 |
Lewistown, Montana is currently a strong buyer's market with 48.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Lewistown, Montana currently has 48.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Lewistown, Montana is 2.1% (3-month basis), indicating slow demand. The top-performing broker in this market is Dustin Young and Company.
Land in Lewistown, Montana typically sells within 521 days of listing. The median time on market is 521 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in Lewistown, Montana is 2.1%. The 12-month rate is 0.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 32 active listings in Lewistown, Montana. 16 new listings have hit the market in the last 90 days. The median asking price is $160K.
Over the past 12 months, Lewistown, Montana saw 2 properties sold. In just the last 3 months, 2 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.