Three Forks Listings: Homes, Land, Farms, Ranches, Commercial Property
Q4 2025, Three Forks Home Prices ⇓ to $377,500
| MONTH | THREE FORKS | BOZEMAN |
| Q4 2025 | $377,500 | $900,000 |
| Q3 2025 | $500,000 | $997,000 |
| Q2 2025 | $445,000 | $877,000 |
| Q1 2025 | $400,000 | $955,000 |
| Q4 2024 | $467,500 | $877,000 |
Q4 2025: Three Forks Home Price, $377,500 vs Bozeman Home Price, $900,000
Chart 1: About to finish Q1 2026: The median price for homes in Three Forks, MT is $377,500 (most recent Q4 data), which is ⇓ $122,500 or ⇓ 24.5% from the Q3 2025 price of $500,000.
The Q4 2024 median price was $467,500, and the Q4 2023 price was $466,250.
Three Forks, MT Population is ~3200 – Near The Missouri River Headwaters – Elevation 4,081′ – 33 Miles West of Bozeman
The Three Forks, MT real estate and housing forecast called for flattening prices in 2024, and after a record high Q2, price dropped, flattening out.
In 2024, price increased to the end of the second quarter, dropping in the 3rd and ending up with no increase in 2024 over the 2023 price.
Three Forks’ home prices make the cost of a Three Forks home an alternative to the high price of a Bozeman home.
Historical Trends in Three Forks Real Estate
Three Forks’ home prices have been trending upward since 2014.
Three Forks’ real estate cost $163,400 in Q2, 2015; $233,750 in Q2, 2017; $275,000 in Q2, 2019; $338,258 in Q2 2020; $490,500 in Q2, 2021; $487,500 in Q2 2022; and $425,000 in Q2 2023, and the anomalous $637,000 in Q2 2024.
The median price of Three Forks real estate increased about: ⇑ $410,600 or ⇑ 251.3% from 2015 to 2024!
Closed Home Sales, Three Forks v Bozeman
Three Forks’ closed sales for 2025 were 28; 2024, 24 homes; 2023, 35; 2022, 40.
Bozeman’s closed sales were 681 in 2025; 2024, 665; 2023, 683; 2022, 707.
Number of days on market for the year for Three Forks and Bozeman have been increasing since 2022.
Presently, there are 9 homes for sale in Three Forks, Montana.
There are 168 homes for sale in Bozeman.
Economically, Three Forks relies on farming and ranching, construction services, tourism, service industries, hunting, and fishing.
Fort Three Forks, Montana was established in 1810 by several mountain men from the Missouri Fur Company.
Three Forks is also at the head of the Missouri River, created by the confluence of the Madison, Jefferson, and Gallatin Rivers.
In 1862, the Gallatin Town Company laid out Gallatin City on the Missouri’s west side, at the Gallatin River’s mouth, one of three rivers that form the Missouri River.
A few years later, a new city, named Gallatin City II, was established on the Missouri’s east side where the majority of Missouri river traffic was.
Today’s Three Forks is a few miles south of both Gallatin cities and was established on the original site of James Shedd’s Madison House, built in 1881.
The 1910 Sacajawea Hotel (aka, Madison Bridge House), contains a part of the original Madison House.
