July 13th, 2022

Belgrade Real Estate For Sale

Taunya Fagan Belgrade Montana Real Estate

2022 Belgrade, MT Real Estate Listings

Belgrade Real Estate Listings Under $100000Belgrade Real Estate Listings $700000 to $800000
Belgrade Real Estate Listings $100000 to $200000Belgrade Real Estate Listings $800000 to $900000
Belgrade Real Estate Listings $200000 to $300000Belgrade Real Estate Listings $900000 to 1 million
Belgrade Real Estate Listings $300000 to $400000Belgrade Real Estate Listings 1 million to 2 million
Belgrade Real Estate Listings $400000 to $500000Belgrade Real Estate Listings 2 million to 4 million
Belgrade Real Estate Listings $500000 to $600000Belgrade Real Estate Listings Over 4 million
Belgrade Real Estate Listings $600000 to $700000Belgrade, Montana History

Want a House in Belgrade? – Sales ReportBelgrade HistoryBelgrade, MT Schools

Belgrade Montana is approximately 11 miles from Bozeman, MT, where prices are substantially higher.

Because Belgrade is close to and less expensive than Bozeman, it’s a lifestyle choice worth looking at.

Photo Average Bozeman & Belgrade, Montana home sales prices
Chart 1: Average Belgrade & Bozeman real estate sales prices (all residential).

This proximity to Bozeman, and more affordable real estate choices, makes Belgrade (and others) an attractive alternative to Bozeman.

Chart 1: In the last 12 months, Belgrade real estate median prices increased from $410,000 to $516,000, an increase of ⇑ $106,000 or ⇑ 25.8%.

In the last year, Belgrade real estate prices (now $516,000) have increased such that they now match those of Bozeman ($516,000) in May 2021.

Median sales prices in Belgrade have risen from $287,000 in July 2018 to $325,000 in July 2020, to $516,000 in July 2022: a $229,000 increase or 79.8% increase in 4 years!

Photo Average Sales Price History All Residential, Belgrade, MT versus Bozeman, MT.
Chart 2: All residential real estate for sale, Belgrade versus Bozeman.

In the last 6 years, the gap in residential prices has been widening between the two cities.

The spread was $89,000 in July 2016, $120,000 in July 2018, $112,100 in July 2020, and $173,000 in July 2022, the gap was $186,745.

Belgrade’s average sales price has increased ⇑ $286,000 or ⇑ 124%, since July 2016!

Bozeman’s average sales price has increased slightly less, ⇑ $370,000 or ⇑ 116%, during that same 6-year period!

Residential real estate in Belgrade is more affordable than in Bozeman.

Chart 2: Both Belgrade and Bozeman residential real estate (houses, condos, townhouses) for sale numbers have been dropping since mid-2020 and are presently stable at 35 and 145 respectively.

Consequently, Belgrade remains the more affordable town for families searching for a single-family dwelling.

In fact, other southwest Montana cities, like Manhattan and Three Forks are less expensive and reasonably close to Bozeman.

Bozeman Real Estate ListingsBig Sky Real Estate ListingsGallatin Gateway MT Real Estate ListingsLivingston Montana Real Estate ListingsManhattan MT Real Estate ListingsThree Forks Montana Real Estate Listings

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Taunya Fagan

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