Rocky Boys West, MT—59521
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rocky Boys West, MT
Rocky Boys West, MT lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rocky Boys West, MT
Rocky Boys West, MT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rocky Boys West, MT
Rocky Boys West, MT lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | 0.0% |
Listing Count | 1 | 0.0% |
| Listings as % of Homes | N/A | 0.0% |
Days on Market | N/A | N/A |
Demographics — Rocky Boys West, MT
As of the latest ACS Survey released in 2023, Rocky Boys West, MT has a population of 3,620, which has decreased by -3.9% over the past 5 years. Rocky Boys West, MT is a popular place for families, as children make up 34.0% of the population. The area has a poorly educated workforce, with 16.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,620 | -3.9% |
% Under 18 | 34.0% | -8.6% |
% Seniors | 9.5% | 21.8% |
% WFH | 7.3% | -3.9% |
% w/ College Degree | 16.6% | 41.9% |
As of the latest ACS Survey released in 2023, Rocky Boys West, MT is a predominantly hispanic area, with 3.5% of the population identifying as hispanic. The hispanic population has grown by 2.9% in the last 5 years. The second most common race or ethnicity in Rocky Boys West, MT is white, making up 2.8% of the population. Foreign-born residents account for 0.0% of the population in Rocky Boys West, MT, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 2.8% | -22.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.5% | 2.9% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Rocky Boys West, MT
According to HUD data as of 2023, there were 16 mortgage originations in Rocky Boys West, MT, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Rocky Boys West, MT. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 16 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 0.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Rocky Boys West, MT
Rocky Boys West, MT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | N/A | N/A | $1,250 |
| 3 Bedroom | N/A | N/A | $1,610 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Rocky Boys West, MT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $45,300 |