Is now a good time to buy land in Three Forks, Montana?
Three Forks, Montana is currently a buyer's market with 11.8 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
11.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 1 | 1 |
| 1-2 acres | 1 | 4 | 5 | 9 |
| 2-5 acres | - | 1 | 4 | 7 |
| 5-10 acres | 1 | 8 | 10 | 13 |
| 10-20 acres | 1 | 5 | 9 | 11 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 4 | 20 | 30 | 43 |
Three Forks, Montana is currently a buyer's market with 11.8 months of supply. Buyers have more negotiating power and can take time to find the right property.
Three Forks, Montana currently has 11.8 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Over the past 12 months, Three Forks, Montana saw 48 properties sold. In just the last 3 months, 20 properties changed hands.
The 3-month absorption rate in Three Forks, Montana is 8.4%. The 12-month rate is 5.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 79 active listings in Three Forks, Montana. 16 new listings have hit the market in the last 90 days. The median asking price is $135K.
Land in Three Forks, Montana typically sells within 131 days of listing. The median time on market is 94 days. Properties are moving slowly in the current buyer's market.
The current absorption rate in Three Forks, Montana is 8.4% (3-month basis), indicating moderate demand. The top-performing broker in this market is Keller Williams Montana Realty.
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.